All Forum Posts by: Abidogun B Kehinde

is there any electronic platform like pay pal that she can use.

Advise on how tenant can pay me with a visa card. she has no bank account. In the past she handed me the card to draw money from ATM. A lawyer advice against it citing potential for many complications. How else can I get paid.

Bola

thanks, responding very late but still like to learn about the city. Lets talk about time and place.

Austin Youmans, you are awesome, thanks again.

you are right, I checked I used 10% not 1%. I truly appreciate your help on this.  

Thanks a lot

Bola

https://www.biggerpockets.com/calculators/shared/4...

Thank you so much, I have tried your suggestion and changed the Capex to 1% instead of 10%. 1% because I just rehabbed and not expecting any capex anytime soon. I will however go back and do 10%. But as at now it looks great and can be presented to lenders.

https://www.biggerpockets.com/calculators/shared/4...

this is the link to the Analysis. please look at it and let me get your help.

Thanks Austin, I will try and do that. I saved the analysis. I will try to get back to it and share. thanks.

II just became a pro and did some analysis of the projects that I have done recently. I cannot believe my outcomes. I thought I did well when I bought with my cash, and hope to do analysis for a bank in preparation for one of those BRRRR thing Brandon thought on podcast. However everything shows massive negative cash on cash return like -60%. Not only that, I can make profit only if I sell in two. following years are in the negative. I just think I must be doing something wrong. So if you can help me this is my scenerio.

Bought 75 000, repair 50,000 rent 1750. tax 2100/yr. If you can do the analysis and email it to me. It will be apprecated

Oh, you are in Parkville , not Pikesville. Anyway my offer is still good.

Bola