
1 July 2017 | 8 replies
One of the ones that usually falls to the landlord is trash, but it's worth calling up the city you're looking at and asking about this - many of them (including the one I'm in) include trash and recycling service in the property taxes, so there's no need to budget separately for it.

22 January 2022 | 42 replies
No truck needed, but they are handy for example if a tenant leaves behind stuff you can take to the dump, or at Christmas time you can pick up all the xmas trees and take to recycling.

16 January 2022 | 13 replies
This is when you can make sure that it is vacant.they have been living there 10 months rent free-they are clearly going to milk it for as much as they can, Do NOT offer them any money.

21 January 2022 | 7 replies
Hey Joshua,For me, it would be how long will it take for me to get all of my money back or my cash on cash return so those funds can be recycled elsewhere.

27 January 2022 | 9 replies
I like to buy deals that I can recycle my money with by adding value and then refinancing out, aka the BRRRRR.

22 January 2022 | 1 reply
First, stop using the "milk rules" to analyze deals.

27 January 2022 | 53 replies
Protesting that market rates are too high is like protesting the price of beef, milk, gas, or tickets to a Barbara Streisland concert.

27 January 2022 | 4 replies
We have $300K to invest and based on the figures the funds could be recycled into upwards to 13 properties in a perfect world.Initial PurchasePurchase Price$200,000.00Downpayment 20%$40,000.00Mortgage Int Rate3.75Taxes$3,000.00Insurance$700.00Mortgage (PreRefi)$1,050.00Rehab BudgetKitchen Appliances$4,000.00Paint Walls, Trim, Doors$3,500.00Kitchen Countertops$2,500.00Flooring$3,000.00Landscaping$1,000.00Basement Finishes/Unexpected Projects$4,000.00General Electrical/Maintenance$2,000.00Mortgage Holdover 1.5 Months$1,525.00Utility Holdover 3 Months$1,000.00Rental Certification$200.00Contractor/Marketing Fee$5,000.00Total$27,725.0080% Loan to Value Cash Out RefinancePurchase Appraisal$200,000.00Post Rehab Appraisal$250,000.00Refinance Cost$2,000.0020% Cash Out$50,000.00Refinance Mortgage$1,250.00Initial Investment (Downpayment & Mortgage)$67,725.00Remaining Investment in Property$17,725.00Equity in Property$50,000.00Year 1 ReturnMortgage$1,250.00Rent$1,750.00Management Fee 10%$175.00Monthly Cashflow$325.00Yearly Cashflow$3,900.00Cash on Cash Return22%Year 5 ReturnTotal Cashflow$19,500.00Vacancy (Average 2 Year Lease w/ 3 Week Vacancy)$3,125.00Maintenance & Cap X 7.5%$6,300.00Cash Profit Estimate$10,075.00Loan Balance$180,154.00Property Value w/ a Yearly Appraisal Increase 2.5%$282,852.00Equity (Loan Balance - Appraisal)$102,698.00

18 February 2022 | 7 replies
Less of a big deal if you plan to hold for 15 years when they can be taken off and thrown away or recycled.

2 February 2022 | 5 replies
Books have their time and place, but at a certian point a lot of the material is reused and recycled through.