Justin Sandall
Any chance for another purchase?
8 April 2015 | 5 replies
Hi all,We are closing in our 2nd SFR in 1 week; all of my available investment capital is being used for down payment/cc for that deal.However, I've come across another property that I'd like to run by you for your opinions on how I may get it financed.3 bed/2 ba, 1800 sq ft, single carport, appliances stay, lg fenced yardMotivated sellerList: $64,900Discount: 20% ($13,000)Purchase: $52,000Percent down: 5%Down payment: 2,600Make ready repairs: $11,000Amount Financed: $60,400, 30 yr, 5%Monthly mortgage: $324.24Monthly rent: $850 (median for area is $900)Vacancy: 10%Monthly NRI: $765Monthly ExpensesPM: $85 Leasing costs: $35.42CapEx: $38.25Utilities: $25.00 Property taxes: $108.33Insurance: $27.08Maintenance reserve/other: $20.83Total: $339.92NOI: $425.08/moMortgage payment: $324.24/moNet Cash Flow: $100.84/moAnnual cash flow: $1210.12Annual debt paydown: $891.00CoC return: 47%Total return (excludes appreciation): 81%I had to make some assumptions as I don't know how much, if any, I would have for a down payment, I'm not sure what interest rate I'd have depending if I went conventional vs seller financing vs etc.Thoughts on potential ways to make this happen if I don't have money to bring to the table or don't want to pursue a conventional loan?
Scott Loopstra
Partnership Structure and Financial Justification
13 June 2018 | 2 replies
Rent is $2200/mo,net profit 50%.
Laura Robertson
New investor from Austin, Tx
7 July 2015 | 5 replies
@Laura RobertsonLaura, we have a lot of great MeetUps in Austin and the easiest way to monetize your efforts is to meet a lot of local investors and build relationships.
Rowland Smith
First House Under Contract....Flip or Rent?
2 November 2015 | 3 replies
Assuming $100/mo net after all expenses and debt service, you're looking at $1.2k earned per year for a measly 3% annual return, not including tax benefits and equity in property.
Alessandra Verbena
What factors contribute to real estate dips or crashes?
23 August 2020 | 7 replies
That course will effectively monetize the national debt and further drive investors into real assets.
Stephen Bennett
Beginner flipper in Tampa, FL
22 December 2019 | 2 replies
This will elevate your stature as a professional and open up a lot more opportunities for you to monetize deals you can’t buy or wholesale.
Chris Baber
small commercial bldg with road frontage, creek & seller finance?
22 June 2018 | 5 replies
It's not a nice part of town, but well loved by the locals.I have not checked zoning other than to confirm it's commercial, but may also allow more/other uses.I feel like this road will only get busier and the older properties will end up being upgraded as the town continues to push north.The property is offered with seller financing for 80k, probably pretty negotiable, but I've not gotten a response from the seller yet.I feel like the value will only go up from here, but can't figure a way to monetize the property in the meantime.I don't think the building can be saved, but maybe the original house part could be, I've not been inside yet.I know people turn larger lots on busy roads that will eventually be swallowed up into driving ranges and rock/stone yards to minimize development costs and monetize a property until it gets bought up, but this isn't big enough to do any of that.
Adam Zima
Best way to monetize vacant land???
30 September 2023 | 9 replies
Attached to a commercial property deal I closed came 6 acres of land. It’s zoning states use for “wide variety of residential and commercial use”.
It’s on a double yellow line road. It backs up to a residential neig...
Colter DeVries
What would you need if you are offered to invest in a syndicated ranch?
4 October 2023 | 27 replies
Trying to show that they can source and place a deal when it might be severely overvalued at purchasea multi-use ranch for ag income and recreational opportunities such as grouse huntingCompetent, experienced managementWhat are your thoughts on how you would monetize/concessionize the recreational opportunities so that it is fair, equitable, egalitarian (whatever subjective metric to be used here) and so that it is not a time share or hunting club?
Colin Lange
Pet Addendum in New York (not NYC)
18 October 2023 | 5 replies
Learn how to accept pets, reduce risk, and monetize.