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24 February 2016 | 2 replies
Here are the numbers:Purchase price-$143,000Down Payment- 35,750Closing Costs- 7,150Taxes- 3,600Insurance- 1,800Mrtg Pymt(30yr)- 994/moHELOC(closing costs)-75/mo(10yr amt)Rents(Minus 25% M/V/M) -1,965moWater- 40/moPlow/Lawn Care 60/moCash Flow- 1,965-994(mortgage)=971-100(h2o/plow)=871-75(heloc)=796x12=$9,552Cash On Cash Return-$9,552/35,750= 26.7%
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20 June 2016 | 17 replies
We have artificially inflated prices, in most of the areas with cash sales to out-of-state folks, or local cash buyers.
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25 February 2016 | 10 replies
Would you want your neighbor to dump their garbage on your lawn?
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28 February 2016 | 2 replies
Does anyone know if I must (by law) give notice to my tenants to do things like mow the lawn or clean out the gutters?
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16 March 2016 | 5 replies
There is no guarantee that the next tenants will be better or get along better.Examples:Operation, Maintenance, Storage, Alterations to Premises: On a continuing basis, tenant agrees to: Keep premises in a clean, neat, and sanitary condition; no parking, storage, or accumulation of debris on lawn or yard.Not store non-operating vehicles, nor boats, RV’s, motor cycles, trailers, firearms, equipment, tools, hazardous materials, liquids, paints, fuels/oils or chemicals on premises without landlord/agent approval; no waterbeds
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3 March 2016 | 29 replies
If you look at real wage growth, or lack thereof, it becomes obvious that this recent rising of real estate prices is a result of something other than real wage growth, which implies prices are artificially high again.
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2 March 2016 | 6 replies
You may be able to offer cash for keys.Don't forget that the starting prices in online auctions are usually artificially low to attract bidders.
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2 March 2016 | 17 replies
Mud season makes a sporty little car anow expensive lawn ornament.
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10 March 2016 | 18 replies
In such cases, the veteran's 0% down purchasing power is indeed artificially constrained by the loan limits.
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4 March 2016 | 1 reply
Utility bills, taxes, insurance, lawn care, mortgage principle & interest