Dana Brown
Reasonable profits
Relatively new to flipping/rehabing. The rule of thumb we always hear is 70% of the AVR and rehab deducted from there. In our market the median sales price is close to 300,000. I understand in a <100,000 market how...
John Gregg
Reasonable ROI
Hey all, I am a newer flipper in the Washington DC region and was wondering what a reasonable expectation for ROI should be on my projects? Please let me know if you think the ROI should change on the type of project...
Michael Batts
Reasonable Mentor!
Soo.. I understand that mentoring is another way for investors to make money BUT is there not anyone who has reasonable prices for someone starting out? I've heard $10,000- $30,000 so far. Which is understandable beca...
Daniel Dawson
reasonable deal?
I am looking for a little guidance. I am looking at a duplex that is currently rented out. $900 per side. Built in 2006 in an up and coming area. The owner is asking $210,000. If I could get in around $200,000 I can ...
Peter Sik
PM charge late fee but no reasonable reason
After pm forwarded my case (tenant did not pay rent) to collection agency, the judgement claim balance is $7,569.33. The debtor will make $200 monthly payments until paid off.
1/3 of the $200 goes to the agency, an...
Paul M.
Legal reasons to not give reason for rent increase
Are there legal reasons not to give a reason for raising rent? I can understand why there might be tenant relationship or business reasons why to do so not do so, but that is not what I'm talking about. I often he...
Mike Smith
Refi 30 to 15, Reasonable closing costs, Reasonable rate?
Hi all,I have a 30 year fix rate mortgage on a primary residence with a HELOC. I see 15 year teaser rates all over the place "less than 2%..." Each place I call the rate always ends up being around 2.4+/- and I'm fin...
Matt Engle
Reasonable seller terms?
Hey Everyone,
My team and I are in the negotiation stages of a 126 unit apartment deal and the seller is asking for the following conditions:
1. The purchase price is to be firm as the seller is not interested in re...
Joshua Dorkin
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Tadecher Ellis
Reasonable Referral Fee
How much is a reasonable referral fee for finding a cash buyer for a multi million dollar deal?