
12 April 2018 | 4 replies
Not a lawyer, but my intuition says that the contract is going to be valid unless you have some other written acknowledgement of the media package.

15 April 2018 | 25 replies
Gas piping - hire a contractor.

4 April 2018 | 33 replies
This is one of the reasons I created this thread is to validate before taking any action.

4 April 2018 | 4 replies
The property is 2,240 sq ft, fueled by natural gas, has new plumbing and the roof is about five years old.

4 April 2018 | 8 replies
But there is a whole hosts of valid reasons.

5 April 2018 | 6 replies
@Neil Schoepp Very valid points!

11 April 2018 | 73 replies
@William DavisI can't answer your question, nor can anyone else without knowing the process of accomplishing "a way to minimize your tenant's rent without losing money".I like the sound of "making our air cleaner without switching from gas vehicles" but not if the strategy is killing half the population of people who drive gas vehicles.People are "so quick to judge or make fun of the idea when you don't even know what is" because we don't know what it is and making blanket statements/ asking generic questions and saying "I cant say" when people ask what you're talking about - sounds sketchy.

9 October 2018 | 6 replies
I found posts like this to be helpful when I was first learning about investing in real estate, so hopefully someone on here can get something out of it.Our goals were to cash flow $100 per month per door, have a cash-on-cash ROI of 12%, and achieve a total return of 20%.Purchase price: $179,900Our loan is a 30-year fixed rate residential mortgage at 4.25%25% Downpayment: $44,975Mortgage Payment (Principal & Interest): $663.75Operating Income$26,435 scheduled gross rents (4 units)$(1001) vacancy$600 garage rent$11 interest$26,045 gross operating incomeOperating ExpensesProperty Management (10% of gross rents): $(2543)Leasing fee for new tenant placement: $(550)Sewer: $(1397)Water & Trash: $(1232)Lawn care/mowing: $(350)Gas & electric during vacancy: $(228)City occupancy inspection aka government extortion fees: $(183)Maintenance & Repairs: $(3594)Property Taxes: $(2009)Insurance: $(983)$(13,069) gross operating expenseNet Operating Income: $12,976Mortgage P&I: $(7965)Cash Flow Before Taxes: $5,011Cash-on-cash return: 11%Equity Accrued: $2275Total Return: $7286Total ROI: 16%We hit our cash flow number almost exactly at $104 per door while our ROI and total return came in a little under our projections, but pretty damn close.

12 April 2018 | 4 replies
I don’t know much about taxes but I’ve read that gas, food and a home office is tax deductible. any info would be appreciated. thanks!