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...
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 ...
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...
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?