Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (8,884+)
J. Martin Lifestyle Design - What is it and how does it impact you?
18 June 2014 | 22 replies
I have a Virtual Assistant in the Philippines for a lot of administrative tasks.
Ryan Hobbs Probate property contract
17 June 2014 | 10 replies
Can I use a standard purchase agreement on a probate property, where the administrator has full authority, no bond,in California?
Mike Taliaferro New investor from Topeka, KS
20 June 2014 | 7 replies
I also suggest that you contact your current retirement plan administrator and check with them if you are rollover at this time.  
Jane George Exit strategy: short sale or subject-to then purchase non-performing note
14 June 2014 | 4 replies
There was no will.The administrator assigned to the estate is the mother of her deceased son.
Eric T. Buying probate property - How to execute?
7 September 2014 | 6 replies
In my state, CA, there are different level of powers, best evident by examining a document alternatively called probate Letters Testamentary (if subject the decedent's will) or Letters of Administration (intestate - no will).
Brandon Holtzinger How to build a website?
21 September 2014 | 4 replies
I would look into building your website on Word Press.
Eric Mulhern Division of real estate complaint
9 September 2014 | 20 replies
Dispute the charges and have a formal hearing in front of division of administrative hearings2.
Michael Morris Driving Traffic to Your CRE Blog?
21 September 2014 | 14 replies
Hi Michael,I am in the process of building a word press blog that I want to connect to my website.  
Kayla Joachim 'First Analysis-4plex in Minneapolis
10 September 2014 | 16 replies
Built in 2002, it is a fully rented four plex (one unit is month-to-month so we would move in there).Current asking price: $495,000 (though originally listed at 474k, he upped the price after 16 days)Days on Zillow Market: Over 100Reason for Selling: To either purchase a SFH for himself and his GF or buy a commercial property, possibly storage unitsRents: 4,400 monthly (Owner said 2 units could be easily increased by $50 to $75 each)Expenses (annual)Property Taxes (assessed 2014): 7,754Insurance: 3,000 (guess)Maintenance & Repairs: 4,200 (guess)Utilities: 4,500 (average for last 18 months from water company, owner currently pays water/sewer/trash but there are separate water meters so we would look into passing this to the tenants as the leases expire)Advertising: $150 (only advertising is for new tenants when leases expire)Administrative/Misc Costs: $150Mortgage Insurance: $6,501 (from mortgage broker at 490k loan level)Snow Removal: $1,500 (as acountants, our busy season is during the winter and we don't have the time or patience to deal with this, there is a sidewalk + steps + driveway and back parking area to be plowed)Lawn Care: $150 (supplies fund, we will mow it ourself, first year expense of a lawnmower not included)Mortgage: 26,579 (FHA, 3.5% down, 3.75%)At 495kAnnual cash flow: $-1,684CoC: -9.72%NOI: 24,895Total ROI: 40.89%At 450k (keeping mortgage insurance at 490k loan level b/c I don't have other numbers)Annual cash flow: 762CoC: 4.84%NOI: 24,895Total ROI: 55.54%As it stands, my numbers are telling me this deal will not work, given the $100/mo/unit minimum standard most people are looking for here.This is the first deal that I have really looked at though as seriously buying, so I would love other people's opinions on my analysis.
Account Closed Can I use a land trust to form an LLC to protect my assets and personal info.?
9 September 2014 | 1 reply
All this complexity will simply make accounting administration go up and may make it more difficult to fiance properties.