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Results (5,226+)
Sam Jiang Want to invest in Orlando FL
2 December 2016 | 4 replies
Hey Sam 1) Yes Orlando is a great place to invest, however multi-famlies do not really exist here, single families is the bread & butter for cash flow properties in Central FL2) Orlando, Sanford, Kissimmee, Apopka, Winter Garden, etc are all good areas for cash flow.
Edouard Pierre Buying 2 to 4 properties at the same time
7 November 2016 | 11 replies
Account Closed There are 2 units in each of these buildings with "in-law" garden units.
Matthew Dunn First Purchase Duplex Deal Advice in FL
4 November 2016 | 0 replies
I’ve done two sets of calculations, first set is assuming I pay the asking price and leave rents at $600 Asking Price $144,000 Rehab $10,000 Closing costs – tax & insurance = $4905 Down payment $39750Potential gross rent $1200/mo $14400/yrExpenses: Taxes $1259/yr Insurance $1000/yr Garden upkeep $600/yr Vacancies 5% $720/yr CapEx 5% $720/yr Repairs 5% $720Expenses $5019/yr $418/moMortgage to include: asking price + rehab + closing costs = $159000 ($604/mo)Total expenses = $1022/moCash flow = $1200-$1022 = $178/mo ($2136/yr)Cash on cash ROI = $2136/$39750 = 5.4%This below calculation assumes I pay $120000, and increase rents just a little to $700/mo.Asking Price $120,000 Rehab $10,000 Closing costs – tax & insurance = $4905 Down payment $33750Potential gross rent $1400/mo $16800/yrExpenses: Taxes $1259/yr Insurance $1000/yr Garden upkeep $600/yr Vacancies 5% $840/yr CapEx 5% $840/yr Repairs 5% $840Expenses $5379/yr $448/moMortgage to include: asking price + rehab + closing costs = $135000 ($513/mo)Total expenses = $961/moCash flow = $1400-$961 = $439/mo ($5268/yr)Cash on cash ROI = $5268/$33750 = 15.6%Some questions I have in general, is 5% enough for repairs?
Edouard Pierre Gang/drug infested area purchase
8 November 2016 | 0 replies
The previous investor did a ton of work to the building and after seeing many that are available right now in other neighborhoods, my contractor said this one was done correctly and is the best so far hands down. 2-flat with possibility of creating a garden unit for even more income.Cash on Cash ROI is 16.05% with 10% allocated to property management.Cashflow: $747.45/month while overestimating all of the variable/fixed landlord expensesMy big question is: Is it worth the headache?
Jennifer S. Looking for a gardener and electrician in Los Angeles
5 April 2017 | 0 replies
I'm looking for a gardener and an electrician in Los Angeles for my four-plex.
Erin Stephens New investor from Baltimore, MD
24 May 2017 | 17 replies
My hobbies change with embarrassing frequency, with gardening being my current obsession.
Jennifer Richmond Large yard: Asset or Liability?
7 April 2017 | 15 replies
It shows off your garden at night, silhouettes your trees, keeps everyone safe from tripping and keeps burglars away.Smart backyard tipsMake a five-year planEverything doesn’t have to happen all at once.
Robin Boyer Back from a Break! Southern California Member!
1 January 2018 | 94 replies
Only 155k great place to start a bed and Breakfast camping could build a pond for fishing community garden raise animals store boats and trucks.
Tracey Dixon First property bought via Auction.com
13 April 2017 | 29 replies
It's only 90 miles away from our home, but we live at 8,000 ft elev with long winters, short summers, and this home actually allows me to have a garden and a long summer, so it's ok.
Daniel Peavey Shrubbery for improving rentals
9 April 2017 | 6 replies
Just some ideas for low/ no maintenance shrubs when you are shopping at the garden store...