J Scott
Help Me Design My House!
10 June 2014 | 45 replies
One of my neighbors has dormer windows that are non-functional / inaccessible from the inside.
Russell Ponce
Looking for Multi-Family education
9 September 2013 | 3 replies
MFH investing is what got me interested in RE in the very beginning but I buried that goal because it seemed inaccessible from where I am currently (no capital).Looking for some advice from the community, is there a niche in MFH similar to a wholesaler, some sort of deal finder?
Windie G.
LEARNING FROM THE BEST!
20 September 2013 | 8 replies
Personally, I prefer querying my local appraisal district myself, but you will need some basic database skills in access in order to do so.
Jose Ramos
Help with FHA 4plex analyses
27 January 2013 | 18 replies
Here's what I came up with.Price: 390000Downpayment (3.5%): 13650Closing Costs: 3000Total cash invested: 16650Gross Income: 40080Less expenses: 20040NOI: 20040Less debt service (30 yrs at 3.5%): 20280Cash flow: -240/yr (-1.44% COC)When you include the mortgage paydown - 7223 the first year - the total return becomes 6983, or 41.9%, though with that cash being inaccessible, this a VERY long term proposition when talking about that return.All of that said, there are some things working in your favor here.1) Your property taxes are very low compared to many other parts of the country.2) It's a new construction - so while there will still be capital expenses, some of the big ticket items such as roof, AC, hot water heater and such are unlikely to need replacing for some time.3) You are managing the property yourself*.With all of that in mind, you could probably assume 40% for expenses fairly safely.
Doug Connell
In lieu of a property inspection now, can I...? (commerical prope
7 December 2020 | 0 replies
It'll be inaccessible soon.
Doug Connell
What if I can't get a property inspection done before the snow?
8 December 2020 | 0 replies
It'll be inaccessible soon.
MarieChele Porter
Inspection findings questions
1 November 2020 | 14 replies
Another thing to look at in the inaccessible places is that they may have termite damage, see if walls seem like they are dropping.
Patricia Rozario
Termite Damage - Should I Go For It or Walk Away?
6 November 2020 | 5 replies
There's a crawl space that's inaccessible because there's plumbing that goes across the door but likely there are termites there as well.
Bobby Balow
Old gas pipe sticking out of kitchen floor. What to do?
24 January 2021 | 5 replies
Inaccessible crawlspace?
Aditya Maini
Help with first deal: House hacking townhome
30 January 2021 | 19 replies
One thing I am concerned about now is if there is a demand for room sharing tenants in that area (it's pretty suburban) and inaccessible to the metro.