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16 February 2024 | 1 reply
Most all laundry vendors will record a memorandum of lease and not the lease as it contains too much information for public digestion.
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6 September 2016 | 3 replies
And thus I focused primarily on properties I could make into Class B+ or Class A. 700-1000 for a 2 bedroom, 1250-1500 for a 3 bedroom, I also tried to keep rents at levels that are realistic instead of fantastic moonshot projections.I never felt my rentals were ever going to be massive cash cows, as I generate around 0.85-0.9% of my portfolio cost in monthly gross rent, but I am happy with it and as are my tenants.
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9 September 2016 | 2 replies
To me, and if I did the calculations correctly, this appears to be a real cash cow investment property that I would ultimately wholesale to a cash buyer.-6-units fully rented ( 2-1bdr/1ba, 4-2bdr/1ba)-Sale Price to end buyer = $420K-Yearly rent = $72K-Yearly expenses = $21K (includes taxes, utilities, insurance, garbage, exterior maintenance)-NOI = $51K/yr-CAP Rate (NOI/Price) = 12.14%Please let me know what you think!
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19 September 2016 | 28 replies
Bigger pockets is certainly a good resource to get started with. between podcasts and forums, plenty of information to digest but remember the best way to learn is to conservatively buy the first property.
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28 September 2016 | 14 replies
Question: If you had a Cash Cow would you really share it with us or feed your family?
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29 September 2016 | 16 replies
Here are a few tricks to help make business correspondences easier to digest: • Organize your thoughts in the most linear fashion possible.• Break up your ideas into different paragraphs.
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5 October 2016 | 4 replies
and tons of information and I guess it's just overwhelming to digest it all and then go out and make sure I know what the heck I'm doing :-) Again, thank you for your suggestions :-)
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7 October 2016 | 8 replies
You must wake up every morning and work, just like speculators (flippers) who must shrug her the cow and then go find another cow each time they want to eat.
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10 October 2016 | 7 replies
A lot of good info I will need time to digest.