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All Forum Posts by: Priceton Braswell

Priceton Braswell has started 6 posts and replied 17 times.

@Donovan Macdonaldi was under the j press ion it was only17k

@Sean H. I’m very interested my number is 828-610-1383

Post: Getting my contractor to commit

Priceton BraswellPosted
  • Hudson, NC
  • Posts 17
  • Votes 5

Any update. Feel free to reach out to me if you have any questions about the subs or renovation process I’m pretty good at it 

Post: What to do with the "Black Hole"?

Priceton BraswellPosted
  • Hudson, NC
  • Posts 17
  • Votes 5

Very steep roof though it’s not goina be a job 

Post: What to do with the "Black Hole"?

Priceton BraswellPosted
  • Hudson, NC
  • Posts 17
  • Votes 5

you can take the A couple pieces of metal off and replace the wood But you will probably have to stain it it will be hard to make the new wood match the old without staining 

The time it takes to find a deal maybe? Find a great deal on a property let them flip it and keep the profit but show you how they do it 

Sorry for the accidental to do list lol
To Do Get long level for foundation inspection. Find a good structural engineer for foundation Run your life like a successful business while you run a successfull business Llc study Open self directed ira Title search website from Bobby Print nc and local landlord laws Print letter of intent on landlord website Find pro forma to analyze Set up automatic real estate alerts Appointment with banker Invest 5k in crowdfunding Download repair cost from flip book link Trade forex try it out P2P Lending with lending club Invest 100 in upstart Post Craigslist ad of apartment for rent Cancel Hulu Make LinkedIn account Property licensing Bylaw infraction Outstanding work orders Take the piti part away. Your taxes and insurance should already be calculated in your expenses above to get your NOI. So here’s the deal, your NOI is 6724. That’s what your property is making before the mortgage payment. Since your paying so much for the property your mortgage payments per year are 8760 annually. You’ve already wrote this down because your smart and very close to figuring this out. Heres were you messed up. Your cash flow formula. The way you get cashflow is by taking that 6724 that the property makes every year and subtracting the mortgage your goina pay for that whole year. 6724 NOI minus 8760 annual mortgage equals -2,036. Ouch!!! What this means is that you will lose 2036 dollars a year running the property and paying the mortgage. So now what you need to do is figure out what you should offer on the property to where your mortgage drops low enough to we’re you are actually making some money.
I’ve heard bill cox and Eric cambell are pretty good. Never used them personally
Dude why do you care what people think of you. Stop being an approval seeking sissy. These people don’t know anything about you and your letting what they say about you get to you. I work in construction building houses everyday working my tail off to get where your at. You should be proud of that. 8 out of ten people I work with, I can’t go a day without hearing them talk trash about the people we work for. He’s stupid, he doesn’t no how to run a job, he’s lazy, and the truth is their jealous Whiney a**es who have to talk crap the make their selves feel better because their not doing what your doing. your giving them an opportunity to make money.if they didn’t want to do it they wouldn’t be their.