All Forum Posts by: Olivia Darling

Do anybody know of any REI friendly Title Companies in the Arizona?

Yes, Etienne, I have already included the Landlord, vacancy, cap, and repair expense in my calculation.

But I will do my research now on finding the ARV price and get back to you on it.

Thank you for responding!

I have a deal that I think is a good deal. I have analyzed this deal already. 3br/2ba mobile home in Arizona, purchase price: $40,000, estimated repair cost:$0.00 (Home has already had all repairs done), ARV: $ (I didn't know how to come up with that amount since no repairs are needed)but I was thinking maybe $60,000, Monthly P&I: $246.05, Monthly Tenant Rent: $1,200, Landlord Monthly expense: $552.05, Monthly Cash Flow: $647.95, Cash on Cash ROI: 55.03%......Is this a good deal to buy & hold? If so whats my better choice with financing it Bank or Hard Money Lender? Help I don't want to lose this deal???

Got it thank you for all of your help.

Thank you for explaining that more in detail Stephen. I understand where that expense comes from now. What is the basic amount or fair amount a landlord would charge for washer/dryer unit to Tenant?

Thanks, Robert I PM you back!

I want to get a good Attorney for my Real Estate Business just to have on standby for deals, contracts, and closings. Can someone please recommend me to some good Attorneys in Arizona?

Olivia

Is REIPro a good software for eRal Estate Investors? The website is https://www.myreipro.com

Note: I can't correct the Title mistake I made "Invertor" to "Investor" lol.....

Olivia

Thank you, Joe and Thomas! Can one of you give me an example of passive income, please?

Ok but Stephen laundry expense like what? Having a washer/Dryer in the property that you renting out and that's an expense for the tenant or landlord. I'm not understanding that one?