17 October 2018 | 1 reply
There is insurance, utilities and your set-aside for annual property tax and upkeep.

27 November 2018 | 1 reply
I was home for an annual family get together, and was asked to help the lady down the street move her things because she had recently sold her home.

17 October 2018 | 9 replies
Here's a summary of the economics.They purchased the property for $280,000 in 2004.The loan balance is about $178k.Monthly principal and interest payment is about $1,265 with $709 currently going to interestProperty taxes are $4,116 annually and insurance is $1,000.Currently the house is vacant for the sale so there's no rental income.Therefore, the monthly burn is -$1,135 (ouch).For the sale:Property was originally listed at $335k and they received 0 offers at that price.

17 October 2018 | 0 replies
But am trying to scale up the volume that I am doing on an annual basis for 2019.Would love to hear others thoughts on this !

18 October 2018 | 66 replies
It is kind of niche for the area as I rent it fully furnished annually.
17 October 2018 | 1 reply
Hi All, looking for some clarification for how much a RE Salesperson License costs in MA per year. I've heard anywhere from $500-$1500.I'm serious enough about RE that I want to be my own agent to save the percent or ...

22 October 2018 | 13 replies
This is based on an ARV of $950,000.00, a rehab budget of $123,000.00, and holding costs of $12,000.00.Financial BreakdownPurchase CostsTOTAL REPAIRS:$123,000.00Return on Investment for Flip*(Based on no loans or leverage)12.25%IMMEDIATE49.67%ANNUALIZED

19 October 2018 | 8 replies
Held for three years that's an 11% annual return under the best of scenarios.

19 October 2018 | 4 replies
You can offer them the tax depreciation (payable annually), the principal reduction (payed when you sell or refi), the cashflow, or the appreciation.

18 October 2018 | 3 replies
But am trying to scale up the volume that I am doing on an annual basis for 2019.Would love to hear others thoughts on this !