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15 February 2018 | 7 replies
How did you decide on AR?
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13 January 2018 | 2 replies
Currently looking at this house, but I have my doubts on why it cost so little.https://www.redfin.com/AR/Little-Rock/1316-W-1318-...I saw this duplex on redfin and it caught my attention, due to price.
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31 January 2018 | 1 reply
Hello We are looking for a plumber who is licensed in the state of AR for working on a 32 unit apartment building near the university of Pine Bluff.
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5 February 2018 | 5 replies
I'd rather do nudes, but my other half doesn't like them.I've also mailed out my flyers and a cover letter to every welding school and refinery in Kansas, Oklahoma, Texas, Arkansas, Louisiana, Mississippi and Alabama.
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3 February 2018 | 2 replies
Hi. I'm new and here to learn as much as I can. I'm not really sure how to get started networking on here. I'm looking to build my real estate portfolio.
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4 February 2018 | 3 replies
I highly recommend building a team & investing for cash flow in markets that are still favorable to new landlords like Kansas, Oklahoma & Arkansas.
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16 April 2017 | 51 replies
I went to a friends studio so I could have all the gear the guys wanted.. they were easy to talk to . and really nothing earth shattering just my life history .. and if folks thinks that's interesting well I guess I am flattered to the extreme My mom inherited 40 acres of pine woods near the Ozarks in AR.
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17 April 2017 | 4 replies
That is reflected on the Pro Forma below.2314-2316 Blackwood RdLittle Rock, AR 72207Great area North of UAMSPercentagePercentageSales price$105,000.00asking price 140,000Down payment$21,000.0020%0.2Loan$84,000.00Interest rate5%Term20Closing costs$2,579.85%2.4570.02457Rehab costs10,000RENTSmonthlyannuallyUnit amountannuallytotal monthly rent incomeUnits 2 beds$750.00$9,000.002$18,000.00$1,500.00low end of estimated rent from local property manager$0.00$0.00$0.00Effective gross income$750.002$18,000.00$1,500.00EXPENSESmonthlyanuallypercentagepercentageTaxes$122.50$1,470.001.40%0.014derived from tax records, seems high but trying to use a conservative estimate.Property Ins$77.26$927.12$38.63per doorQuote from Mcghee insuranceMaintanance$120.00$1,440.008%0.08Property Management$150.00$1,800.0010%0.1HOA$0.00$0.00Utilities garbage, water$0.00$0.00$0.00per doorMortgage payment$557.74$6,692.88using 5.3% amortorized over 20 years.Vacancy$120.00$1,440.008%0.08TOTAL EXPENSES$1,147.50$13,770.00Costs up front$33,579.85Expenses$13,770.00Rents$18,000.00Cash Flow anually$4,230.0012.60% Cash on cash returnSo know we are 10 months out from this initial purchase and we have learned a ton.The good: -Property is fully rented at our projected rent and monthly expenses are in line with projections except:--Property taxes are a bit higher because in Arkansas the county does an independent assessment and does not use purchase price.
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16 May 2017 | 17 replies
She is supporting us and our daughter that is in her 3rd year at the University of Arkansas without making any long term debt.
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23 April 2017 | 5 replies
I have a daughter at University of Arkansas and another living with me as a junior in high school.