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Results (10,000+)
Yosef Lee My first ever 44 Unit MF apartment closed in Dec. 2020
16 August 2024 | 277 replies
@Yosef Lee and @Adrian FajardoSorry I was MIA--I live in Houston and we had no power for half of last week and no internet until this past Saturday--just now getting caught back up--missed a lot in my unplanned week off the grid!
Noah Bacon How will interest rates trend in 2024?
13 August 2024 | 24 replies
We can give thanks to the current powers that be for the high rate.
Samuel Coronado Developing a new mobile home park- Help
12 August 2024 | 6 replies
But per lot it will cost roughly the following:$1,500 Electrical poles, meter installation $2,000 water taps and connections$5,000 grading and land prep$8,000 septic installation (assuming a 1:1 ratio of homes to 1000 gallon septics)$5,000 down payment on each home ($700-750 / thereafter per unit)$21,500 total set up x 17 = $365,000Ongoing expenses after development would look something this for POH model: $12,750 a month in mobile home mortgages (17 x 750 for PITI on each unit) $1,900 a month in land mortgage PITI (house) $3,000 a month landscaping$2,000 a month in reserve emergency fund$2,200 management$21,850 a month total expenses $262,200‬/yearOngoing incomes after development would look something this for POH model:$27,000/month ($1500 x 18 {17 mobile homes plus house})$324,000/year324k-262,2k = 61,800 net pre-tax profit or $5,150/month.Opportunities to reduce start up expenses: Bulk deals with the government or contractors for doing all the work at once (electrical, water, land grading, septic) Trade free rent for someone to mow and landscape (turning a $3k event into a $650 event every month).
Orlundo Hubbard What's Up With REO Investments?
12 August 2024 | 6 replies
The bank that foreclosued turned off the electric the punp stopped working and there was about 2-3 feet of water in the finiahed basement for about 3 years. 
Jeff G. Proposed Rent Increase Limit of 5%/Yr Nationally?! Seriously?
12 August 2024 | 39 replies
If it is ok for the government to give the tax benefits, then shouldn't they also have the power to take them away?
Sanjeev Advani Mortgage Rates Fall to Lowest Point Since May 2023
12 August 2024 | 1 reply
How Lower Rates Could Influence the Housing MarketLower mortgage rates can enhance the purchasing power of prospective homebuyers, making homeownership more accessible.
Account Closed What should I do with $100K cash?
15 August 2024 | 33 replies
Given your current savings and monthly savings rate, you're in a strong position to start your journey.BRRRR StrategyThe BRRRR method is a powerful way to build your real estate portfolio by leveraging your initial investment to acquire more properties over time.Cleveland vs.
Mauricio Duarte QuickBooks for Flippers - Inventory vs COGS
15 August 2024 | 29 replies
For example, roofing, painting, cabinets, flooring, electrical, plumbing, HVAC, etc. 
Kevin Carter Can a RE agent join MLS without joining boards or NAR
12 August 2024 | 19 replies
We have all the tools and all the power.
Damein White How to deal with a bad appraiser
11 August 2024 | 13 replies
I just stop talking and just followed and spoke when spoken to And he low balled me Mind you i have a new kitchen new bathroom room all new plumbing and electrical i gutted this house to the studs and my house is almost $40k lower if sold at this price cheaper then lowest house over here that sold