Logan Koch
FIrst Investment Property Looking for Feedback
19 March 2018 | 2 replies
THis will be a student RentalPurchase Price 113kRehab 15K5 Bedroom, including third story finished Attic (2800 Sq Ft)Rent $2,600 per semester $5,200 for year. $500 summer lease-this is around average rent for off campus house with Utilites includedExpensestaxs- $1,700insurance- $2050gas- $1,900Electric- $1,200Water/Sewer- $2,000Yearly maintance- $1,000total= $9,850NOI based on Semester Rents Without Summer leases and late fees $26,000($16,150)Purchasing Home with Primary Home Equity.
John Bucknum
multifamily college town deal analysis
21 March 2018 | 0 replies
owner has not rented it out this semester due to do some rehab, actually did most of the bathrooms and they are in good shape, carpet is awful, needs paint, kitchen cabinets and better lighting. lower level apt needs gutted due to toilet leaking from above. here are the numbers:purchase price 330krents last semester avg=333/month, did not rent over summer, "I let them just leave their stuff til the next semester", my friend was seeing RED after this statement...expensesrents (if occupied at 333)=3663/monthtaxes 2200garbage =100 (actual quote from WM)water and sewage 525electrical=passed through to tenantPM=started looking, but quotes at 8-10%insurance= 300 (est.)planning on ripping carpet out and going with vinyl hardwood throughout, new cabinets in kitchen and paint, fix lighting and general clean up. plan to get rents up to 500-550 month, lease term 1 year. interviewed PM and he said they take one month's rent for placing a tenant, is this typical?
Jacob Karcher
Student and new member in Houston
22 March 2018 | 6 replies
My current work schedule makes attending local meet ups difficult but I would like to use vacation time to attend at least 2 meetups by the end of the semester.
Nate Heffner
Where to Put Short Term Cash
19 April 2018 | 1 reply
I have students that when they get their financial aid at the beginning of the semester they pay for 6 months of rent.
Gabriel Benavidez
Should i finish school?
22 April 2018 | 2 replies
I am also taking online classes paying thousands of dollars every semester on a degree i can care less about which is really not gonna change my salary it will probably drop it if i decide to use it.
Michael Simmonds
Rental Market in Waco, TX
26 April 2018 | 12 replies
That’s due to semesters obviously.
Daniella Hernandez
Elderly & Dissabled Parents Need Help
2 May 2018 | 6 replies
I get no financial benefits and our daughter has 1 semester left in college.
Jonathan Bowen
I hate "house hacking".
28 March 2018 | 67 replies
@Jay Hinrichs I'll be sure to pick one up--that sounds interesting.I've got an 8am called Math Powered Flight this semester I'm really enjoying.
Ned Roche
Real Estate Investment, House Flipping - Interview Request
25 April 2018 | 1 reply
This semester I am taking a real estate investment class and part of my final project is to identify regions within the United States that we think would make smart investments.
Jared Smith
Advice on my future in Real Estate
16 May 2018 | 7 replies
I am currently a college student that has completed 2 years of general studies, and will be entering a major next semester my current plan is to double major in business management and Real Esate.