28 August 2018 | 11 replies
For example, I've been after a property for the past 2 months now.
20 February 2019 | 2 replies
Wondering if anybody on here has experience and that you could kind of give me some examples of how this works doesn't work has worked how you think it will turn out in the future.
16 August 2018 | 9 replies
For example: If the price is $150k, but the appraisal comes in at $135k, then you're unlikely to be able to get more than $108k (80% of $135k) in financing.
9 August 2018 | 31 replies
Personally I would not send a letter or an email .i would drive right over there immediately walk rIght up to the door and tell the idiot to hIs face to lose the dog or he will be evicted then I’d hand him the quit or pay notice right then and tell him to improve his conduct or him and Fido will be whimperIng on the street . ..or you could kindly send him an email bake him some fresh sugar cookies and ask him if he was willing to compromise with just 3 pit bulls in the house
11 August 2018 | 4 replies
Direct message me if you have questions, looking for new construction examples or need some comps around the plats you've located.
9 August 2018 | 8 replies
If he doesn't keep good records, then you have a bit of a problem, and will have to calculate it yourself.Finally, with all the information you've collected, you determine if it is a good deal or not.Based on what you listed above here's an example ballpark monthly budget:Principle & interest: ~$1,000 ($195k loan @ 5%)Taxes & insurance: $300-500/mo (depending on your locality)Utilities: $200/mo for water (most 4-units has the owner paying water)Vacancy: $140 (based on 95% occupancy at $2800/mo)Maintenance/Capital expences: $280 (standard 10%)Management: $280 (10%)Total: ~$2,300-2,500, leaving you with a profit of around $100/door, with only $10k invested.
10 August 2018 | 7 replies
For example, I just finished a BRRRR a few months ago, purchase price of $55k, reno of $40k, it cost me about $30k upfront to buy and start renovations.
10 August 2018 | 16 replies
We are having our first child soon and I feel like we are getting a fresh start.