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All Forum Posts by: Jim VanOwen

Jim VanOwen has started 1 posts and replied 2 times.

Buying & Selling Real Estate

Post: How should I work this deal?

Jim VanOwenPosted
  • Property Manager
  • Phoenix, AZ
  • Posts 2
  • Votes 1

The standard for a lender is 10% cash on cash going in and after a reserve for replacements (and insurance) that I don't see here. The vacancy factor is more pertinent in a multi-family or commercial multi-tenant property. More important is your ability to carry this property assuming it's 100% vacant. Have no idea how a management company is earning 10% on such a small property.

0 Votes
New Member Introductions

Post: Pocket Neighborhood developer from Arizona

Jim VanOwenPosted
  • Property Manager
  • Phoenix, AZ
  • Posts 2
  • Votes 1

Pocket neighborhoods, popularized in the Pacific Northwest, are now catching on in New England and elsewhere. I'm interested in popularizing this topic and starting a network of interested parties in any capacity. 

1 Vote