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8 October 2015 | 5 replies
Lets assume my other expenses will total $400 a month (property management, garbage, random fixes and expenses), making my total out of pocket $1800.
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9 October 2015 | 3 replies
If not, I would demand a substantial discount because you have to assume the units that weren't viewed are in worse shape (I've done this before on a package of houses, one of the things I did was ask to select which houses we viewed, thereby making it random and more likely to be a representative sample than if the seller had picked).
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11 October 2015 | 1 reply
I'm still in my beginner learner phase, and I learn best by doing.I am hoping to find somebody that would be willing to walk me through a random deal or two, or a past deal that they have done - to learn to see if it's a good or bad deal.
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12 October 2015 | 0 replies
He is planning on retiring in the next 3-4 months but is picking up random jobs to keep him busy.
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12 October 2015 | 8 replies
Thank you @Brie Schmidtthank you @Jeff Morelockthank you @rob @Rob Brautigam & thank you @Filip GjorgioskiYou know how you might be sitting around sometimes and come across a random property.
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12 October 2015 | 0 replies
Do I really have to get a twitter and Instagram account, or start friending random people that I don't know, just to bring my friend and Like #s up?
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21 October 2015 | 19 replies
BUT REMEMBER you have to have confidence in these people SO you can't just random pick.
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23 March 2015 | 16 replies
I could probably get 100 more on each though.Purchase Price: 320,000Monthly Income: 2,750Monthly Expenses: 2,272Monthly Cashflow: 477.15NOI: 20,040.00Total Cash Needed: 71,000Cash on Cash ROI: 8.06%Purchase Cap Rate: 6.26%Other Information:Closing Cost: $3,000Estimated Repairs: $4,000 (I Just put this randomly, it was recently renovated)Down payment: 64,000 (20%)Amortized: 30 YearsLoan Interest Rate: 3.80%Monthly P&I: 1,192.00Total Operating Expenses: $1,080.00Mortgage Expenses: $1,192.85Also using 50% rule it says my cash flow will be 182.00 per month.Not sure if you guys need any more information, I am hoping this is enough info to share to see if it is a good deal or not or if the numbers make sense.
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29 March 2015 | 11 replies
Just some random questions that popped in my head right after reading your post...
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24 March 2015 | 4 replies
Assuming of course that they don’t happen to do a random spot check on my property because all of my payments are up to date.If anyone has any other ideas of how I can, with a reasonable amount of risk, get around this issue it would be greatly appreciated.Thank you.