Terry Royce
When to contact a CPA
17 June 2008 | 3 replies
You may even detect a bit of sarcasm between the words; though it is meant purely and seriously.If it is a hobby, you may approach it cavalierly.
Terry Royce
Beginning Marketing
21 July 2008 | 23 replies
You're mind should change from having to spend money on marketing to how can I spend my money wisely.My first year using banditsigns cost me $7,600 and I brought in $54,000 in pure cash.
Josh Carpenter
Advice Please
29 June 2008 | 15 replies
Building on what Wheatie said, using your more specific financing assumptions ($5K down, 6.3%, 30 years), along with the 50% rule, you get the following:Gross rent: $470Expense percent: 50%Expenses: $235NOI:$235Payment: $209Cash flow: $31+/monthSo, that's $369/year cash flow, which at least is positive in terms of pure cash flow, but let's calculate the returns:Cash-on-Cash: $369/$5000 = 7.38%Total Return (w/equity accrual) = 15.04%So, not a great return, but maybe not as bad as was originally portrayed; keep in mind that this doesn't include closing costs, which would reduce your return by a percent or two).
Ashan D
What should my college major be?
19 August 2008 | 60 replies
You might as well pick something for a degree that will help your ultimate career choice OR something that is just purely for fun.If you are a real sadist, you could get an actuarial science degree.
Alex Locklear
Sandwich Lease Option Process
20 November 2011 | 5 replies
There are 3 main Option strategies....1) ASsignment or Cooperative assignment2) Sandwich3) Straight or Pure Option For the Sandwich, you will want 2 sets of docs.
Raymond Van den Ende
50% rule & ROI question
8 September 2008 | 7 replies
Looking at purely cashflow of 100/mo can lead to big mistakes
Karen Phinney
seepage in basement apartment due to recent record rainfall?
16 September 2008 | 6 replies
Though it was only a Cat 2 hurricane, in pure size Ike was as big as the state of Texas.
Craig Osterloh
Metrics for investing
2 January 2019 | 14 replies
Anyhow - there are lots of signs when you are in a bubble, and one is when you can't find any rental property that makes sense as a pure buy-and-hold investment.