
31 May 2015 | 21 replies
Hi everyone, I'm Adam and I'm new here.

16 June 2015 | 6 replies
So here's the combined numbers for both props on a monthly basis.Purchase Price For both Properties: $120,000Gross Income (both properties): $5,965Gross Effective Income (10% Vacancy rate): $5,368.50 Net Operating Expenses: $2741.31- Cable - $50 (it's gerry rigged)- Water - $435- Electricity - $450 (3 months during the summer its $800 a month)- Dumpster Fee - $185- Fire Insurance - $41- Property Mngmt - 7% (I will use professional management)- Taxes: $363.34- Maintenance: $800Net Operating Income: $2,627.19Capital Improvements: $25,000 (roof, foundation, paint, flooring)The owner combines all expenses for both properties because they are side by side.

22 June 2015 | 8 replies
Glad to have you here @Zachary Adams You are in the good company and you are in the right place to learn all about REI!

25 June 2015 | 3 replies
Welcome to BP community @Adam Fansler It is a great place to meet new friends and learn about various aspects of real estate and more.

28 June 2015 | 8 replies
@Brian Adams Thanks Brian and great reply!

3 July 2015 | 20 replies
Originally posted by @Adam K.

10 May 2016 | 10 replies
@Mike Carino @Adam Spencer @David Wesorick Anyone that has questions about the Ann Arbor Real Estate Investors Club just let me know.

14 October 2021 | 8 replies
@Nick @Nick Ruffini, I second @Brian Adams.