Jeremy Tolley
Earn While You Learn mentoring program 50% JV
28 March 2018 | 1 reply
but first, seek for mentors who are not promoting their mentor ship program, who are trying to make money and may not care about your well-being.
Drew Johnson
Chat Bot Used For Rentals
15 September 2020 | 5 replies
I promote the link over email and calling me.
Peter Turner
Flooring suggestion ? Luxury Vinyl Tile vs Laminate
7 April 2018 | 12 replies
I have seen that LVT or luxury vinyl planks are being heavily promoted over regular Floating/laminate flooring.
Donald Delt
Real Estate Note Investing
19 November 2019 | 11 replies
First off, there are some seminars and schools that promote note investing.
James McCray
What's good argument to persuade seller on Lease Option
16 April 2018 | 11 replies
I put new Appliances on 18-month zero interest card promotion, and Flooring on 12-month zero interest card promotion - so about 1/2 of the rehab cost is FREE-OPM.
Federico Morales
Rent is not as much as a mortgage would be
10 May 2018 | 39 replies
(Because, they've heard about sponsored/costly programs that promote this as a way to pay off your home in 5-7 years, even though the same sponsors know that you likely won't, which is what they're counting on!)
Mike G.
[Calc Review] Help me analyze this deal
14 April 2018 | 9 replies
@Jeffrey H. ok so here is the numbers from the OM that the broker furnished to me: ESTIMATED LENDER ACQUISITION COST:List price: $1,175,000 ( @ 28 units = $41,964 per site)Buyer requesting Down Payment of 30% = $352,500Projected Lender Financing: $792,500 @ 5% FIXED 30 year AMORT with a 10 year DUEINCOME, EXPENSES & CASH FLOW:Actual 2016 Gross: $212,752Actual 2016 Expenses: $95,915 (45%)Actual 2016 NOI: $116,837Projected Lender Debt Service: $57,494Projected Net Cash Flow: $59,343FINANCIAL INDICATORS:Cap Rate: 9.16%Projected Total Cash Return: 18.96%PROPERTY DETAILS:All age park28 Homesites# of Park Owned Homes: 28 (100%)Occupancy: 100%Utility Reimbursements: NO2016 INCOME AND EXPENSE ANALYSIS:Total Net Rent: $212,752Total Operating Income: 212,752Real Estate Taxes: 4,054Property Insurance: 5,524Utilities ( all lumped into one total, broker and/or seller did not offer it broken down individually ..yet): 30,658 Payroll & Benefits: 26,225Maintenance & Repairs: 2,058Administrative/ Office: $26,668Advertising & Promotion: 728Total Operating Expenses (45%): $95,915--------------------------------------------------------------------------------------Net Operating Income: $116,837The screen shot copy of the rent roll excel sheet i am waiting on further explanation from broker in order to determine how to interpret all the acronyms that the seller put in it so i can begin to figure out the rent roll for that month.
Mike G.
Rental Calculator- Help me analyze this MHP deal
14 April 2018 | 14 replies
@Kurt Jonesok so here is the numbers from the OM that the broker furnished to me: ESTIMATED LENDER ACQUISITION COST:List price: $1,175,000 ( @ 28 units = $41,964 per site)Buyer requesting Down Payment of 30% = $352,500Projected Lender Financing: $792,500 @ 5% FIXED 30 year AMORT with a 10 year DUEINCOME, EXPENSES & CASH FLOW:Actual 2016 Gross: $212,752Actual 2016 Expenses: $95,915 (45%)Actual 2016 NOI: $116,837Projected Lender Debt Service: $57,494Projected Net Cash Flow: $59,343FINANCIAL INDICATORS:Cap Rate: 9.16%Projected Total Cash Return: 18.96%PROPERTY DETAILS:All age park28 Homesites# of Park Owned Homes: 28 (100%)Occupancy: 100%Utility Reimbursements: NO2016 INCOME AND EXPENSE ANALYSIS:Total Net Rent: $212,752Total Operating Income: 212,752Real Estate Taxes: 4,054Property Insurance: 5,524Utilities ( all lumped into one total, broker and/or seller did not offer it broken down individually ..yet): 30,658 Payroll & Benefits: 26,225Maintenance & Repairs: 2,058Administrative/ Office: $26,668Advertising & Promotion: 728Total Operating Expenses (45%): $95,915--------------------------------------------------------------------------------------Net Operating Income: $116,837The screen shot copy of the rent roll excel sheet i am waiting on further explanation from broker in order to determine how to interpret all the acronyms that the seller put in it so i can begin to figure out the rent roll for that month.
Satch Bernhardt
New to wholesaling and Bigger Pockets!
18 April 2018 | 6 replies
Uninformed people may promote this activity but it is not legal.
Candice James
PinPoint Profits Software
17 April 2018 | 1 reply
They now have another promotion of $1497 one time charge or 3 payments of $597.