Lala Weiss
Running the numbers as a newbie, Cap ex, COC, NOI oh my!
6 March 2018 | 19 replies
TOTAL MONTHLY EXPENSES: $1,504 (monthly P&I, plus all the expenses outlined above)TOTAL MONTHLY CASH FLOW: $396 ($1,900 rents - $1,504 expenses)Annual Cash Flow: $4,751 ($396 x 12)COC RETURN: 9.1% ($4,751 annual cash flow / $52,475 total cash in)Net Operating Income: $13,691 ($1,900 in rents / $759 in expenses other than principal & interest payments... x 12)CAP RATE: 7.6% ($13,691 NOI / $179,900 purchase price)So, you can see this isn't exactly a home-run deal as far as CoC return goes, but the cash flow is almost $200/unit, which isn't bad.
Dan D.
New here, but want to know if I can still invest
26 March 2018 | 15 replies
I'm a local HML myself now, but I encourage everyone to develop their own private money in their circles of influence and spend a little time each year putting on a class on how to do it.
Arturo Borges
Brokers that bring wholesale deals?
20 February 2018 | 1 reply
Do yourself a favor and don't listen to one person with one bad experience.
Matt Radhe
first time flip- what can I expect with hard money lending?
24 February 2018 | 11 replies
Hard money is not bad, it is just equity based so the more down the better.
Jason Holmquist
Cash only deal myths?
21 February 2018 | 8 replies
Hey Matt, My bad that was not for you.
Michael Hayes
Using A Virtual Assistant to Generate Buyer Leads
21 March 2018 | 32 replies
Not a bad idea at all.
Wayne Connell
Best Way to Take Long Distance Rental Deposits
20 February 2018 | 1 reply
I have heard good and bad things about PayPal so I wanted to research other options.
Chad Forgue
First Real Estate Investment
15 July 2018 | 22 replies
Not a bad first real estate story!
Trevor Baker
Does this strategy make sense?
22 February 2018 | 12 replies
It's a small house in really bad shape that we see as a tear down.
Chris Corbin
Owner won't sell because of capital gains!
23 February 2018 | 40 replies
The good the bad and the ugly.