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Results (10,000+)
Simon Lopez Cash on Return 4 square method always below 6% or in the Neg.
30 August 2017 | 1 reply
It is located under Tools, Calculator, Rental Properties.  
Nick Bleser Under market rent in northeast Wisconsin
8 September 2017 | 6 replies
There are awesome rent comparison tools to see what other rentals in your area are being priced at!
Account Closed Looking for advice on an analysis of a triplex in Minnesota
4 September 2017 | 22 replies
You are definitely on the right track when it comes to counting the cost and calculating as much as you can and utilizing the BP calculators and tools.  
Brian Halstead Does anyone know any good contractor in Jacksonville Florida?
1 September 2017 | 4 replies
Getting a referral from a fellow investor is OK, however that contractor may be good for the referee, but could be not so good for someone else.Contractors are special individuals - they too are chasing the buck and trying to get the best deal possible.You may want to write specifications  of what you want done - once you know what you want you can better compare bids from workman.I have found that meeting real people with real tools at a time they are buying supplies and materials at Home Depot 5:30 - 6 am picking up stuff to do their daily work is sometimes an effective way to find the craftsman you are looking for at a price that will serve you well.Getting referrals is OK - but how do you know that they didn't over-charge the person who is referring you to them?
Sade Williams Seller of home in preforeclosure wants to back out of contract
11 September 2017 | 10 replies
Sade,First off... use this as nothing more than a learning tool.
Yanet Lewis How to build more business as a Real Estate agent
8 December 2017 | 7 replies
Here in AZ, title companies have many resources for agents like open house guest registers, free marketing materials to use, and other online tools
Account Closed Has anyone used Rentalutions?
31 August 2017 | 0 replies
Looking for a a back office tool for Property Management and was wondering if anyone has used this?
Ryan Evans I'm taking a field trip to Cleveland!
18 September 2017 | 87 replies
Anyway, I’m planning on holding onto it, so let’s move along.General expenses: Property inspection: $425Flights/bags/ground transit for 2 people: $600Service main water valve: $389Service 2 furnaces: $200Paint materials both units: $370Cost of hiring friend who came along and worked 3.5 days: $500Total random home depot materials including light fixtures, electrical gear, primer, brushes, locks, light bulbs, tools, drywall, tape, etc: $1,820.Total: $4,304Unit 1 - Down Paint labor bedrooms, bath, and kitchen: $0 (friend from out of town did it for free)Installing fixtures, switches, outlets, cabinet knobs, doorstops, blinds, towel racks, bathroom mirror, caulking, etc: $0 - did it myself.Estimated cost if contracted: $1,500Unit 2 - Up Labor to strip wallpaper, repair drywall, sand, prime, and paint full unit (contracted out): $1200Installing electrical outlets/switches/fixtures: $125New electric stove: $200Refinish bathtub: $300Pull carpet: $250Total: $2,075Estimated short-term costs (<1 year) New roof Spring 2018: $8000Gutter cleaning and repair: $300New Floor in kitchen (estimate): $500Total estimated costs: $8,800Year 1 non-recurring costs to make it rent ready: $91,979Estimated mid-term costs (1-5 years) 2 new furnaces: $55002 new hot water tanks: $2000Misc: $1,000Total: $8,500*After the tanks/furnaces get replaced the building should be rock solid for 10-15 years at least, assuming no major disasters.Monthly expense breakdown: 5-year private money balloon loan on $87k over 20 years: $574Property tax: $215Insurance: ~$100Water bill: ~$60Sewer bill: ~$40Garbage: $16Rental registration: $6Lawncare: $40CapEx: $100Vacancy: $75@ 5%*I’m self-managing, therefore I’m not yet factoring in property management.Monthly Totals:Projected rent: $1,500 ($750/unit, but will shoot for $775 initially)Expenses: $1,226Cash Flow: $274/monthCash on cash return: infinite (more or less)ROI based on $18,000 yearly at $91,979 initial cost: 19.5%NOI: $3,288About the loan:I don’t qualify for bank financing since I’ve moved countries and jobs so much in the last couple years.
Anthony Dominguez What is the "NORM" when dealing with General Contractor
1 September 2017 | 5 replies
Good contractors spend their days with a tool in their hands and its typically not a laptop.
Tony Willenborg Effective ways to advertise rentals
20 September 2017 | 9 replies
If you can, work a CRM into your renting system so you can capture some/all of those contacts.