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All Forum Posts by: William Clement

William Clement has started 1 posts and replied 18 times.

Post: Belvidere IL Rental. HELP NEED ADVICE

William ClementPosted
  • Belvidere, IL
  • Posts 18
  • Votes 8

A quick break down for you monthly 

Mortgage $300, taxes $150, insurance $50, maintenance $125(things will break in a 100yr old home), cap expense $ 50...your looking at $325 cashflow. Now you can decide if this is a winner for you. Keep in mind you need about $2000 in reserve for emergency, like furnace going bad. 

Post: So you Wanna be a Landlord?

William ClementPosted
  • Belvidere, IL
  • Posts 18
  • Votes 8

Great post! You said a lot but no fluff here. Direct to the point and true. 10 out of 10. 

Post: WIN Dinner Meetup (Rockford, IL) - January

William ClementPosted
  • Belvidere, IL
  • Posts 18
  • Votes 8

Sorry won't be able to make it going to Bulls game. 

Post: A FIRST for me, a TRUE no money down deal

William ClementPosted
  • Belvidere, IL
  • Posts 18
  • Votes 8

You did your homework, no money down and cash flow.

Post: A FIRST for me, a TRUE no money down deal

William ClementPosted
  • Belvidere, IL
  • Posts 18
  • Votes 8

Doesn't sound like much room for cash flow after taxes and insurance. Remember your in this to make money, I'm not one of those guys happy to brake even. 

I agree with James make an offer with no tenants. 

I'm extremely busy at this time, thanks for the offer guys. 

Post: Asphalt driveway installation

William ClementPosted
  • Belvidere, IL
  • Posts 18
  • Votes 8

Who would you recommend to install a 9ft×35ft asphalt driveway in Rockford il?

Post: WIN April 7, 2016 Meetup - Rockford, IL

William ClementPosted
  • Belvidere, IL
  • Posts 18
  • Votes 8

I'm just getting home from our April meet up and I think this one maybe was the best one so far. A lot of new faces tonight and plenty of discussions. It's fun to listen to situations and hear how people handle them. Tonight was that kind of night, plenty of laughs and educational as well. 

William   

Post: WIN April 7, 2016 Meetup - Rockford, IL

William ClementPosted
  • Belvidere, IL
  • Posts 18
  • Votes 8

My wife and I will be there.