
21 March 2018 | 0 replies
owner has not rented it out this semester due to do some rehab, actually did most of the bathrooms and they are in good shape, carpet is awful, needs paint, kitchen cabinets and better lighting. lower level apt needs gutted due to toilet leaking from above. here are the numbers:purchase price 330krents last semester avg=333/month, did not rent over summer, "I let them just leave their stuff til the next semester", my friend was seeing RED after this statement...expensesrents (if occupied at 333)=3663/monthtaxes 2200garbage =100 (actual quote from WM)water and sewage 525electrical=passed through to tenantPM=started looking, but quotes at 8-10%insurance= 300 (est.)planning on ripping carpet out and going with vinyl hardwood throughout, new cabinets in kitchen and paint, fix lighting and general clean up. plan to get rents up to 500-550 month, lease term 1 year. interviewed PM and he said they take one month's rent for placing a tenant, is this typical?

21 March 2018 | 3 replies
"One of the most important charts about the economy this century" -- and what it means for market volatility.The red have outpaced inflation.Article: http://on.mktw.net/2FMQ1bXhttps://ibb.co/c5xYaH

23 March 2018 | 7 replies
The existence of a dry cleaner business on the property will likely throw up a red flag.

21 March 2018 | 1 reply
I'm a new investor living in Redding, California.

14 May 2018 | 16 replies
IMO that is a rule that worked a while ago during the crisis, but now I think it more or less is a red flag because it points you to war zones/Class D, or C- neighborhoods.

12 April 2018 | 2 replies
As we started to look around for small multifamily units, it appears that the market is pretty red hot.
13 October 2018 | 12 replies
@Tanya Knickerbocker Always a red flag if they want upfront fees, especially wired.

12 April 2018 | 0 replies
I put an offer on a property, inspector found 10 red items, one being a slant in the kitchen floor and cracked tile.

20 April 2018 | 2 replies
I know that banks want to see reported taxable income and I don’t want to cause any red flags or have IRS get involved.

13 December 2019 | 7 replies
While we are both in Central Florida currently, and looking to partner on our first deal, we both have roots up north.