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Results (3,633+)
Kevin C. Feedback on Realinvestors/DCREIA
16 January 2023 | 9 replies
Our classes, however, are 3-6 months in duration and are always taught around a specific project in the greater DC/Baltimore/NOVA region so class participants get hands on experience(s).Looking forward to meeting you at one of our classes in the future.
Jeff C. Severing one home into two
19 February 2016 | 10 replies
I'm contemplating financing this deal through the following strategy, I have not yet pitched it to the seller:I'm going to propose to the seller that I will give them their full asking price, if they keep the title under their name while I renovate the property back into 2 units (I will pay for this), and I will also continue to pay the $2650 that the owner receives each month in rent throughout the duration of the renovation.
Steve Rich When does the BRRRR start to pay off?
1 June 2020 | 7 replies
Purchase Price $255,000 Closing Costs (%) 2% Total Acquisition Cost $260,100 Rehab Costs $28,200.00 Rehab + Rental duration 3 months Interest Carry Costs $3,540 Taxes/HOA/Utilities Carry Costs $2,220 After Repair Cost $294,060 Appraised Value $340,000 Initial Equity $45,940 LTV 75% Loan Amount $255,000 Initial Investment $39,060 Interest Rate 3.62% Mortgage Duration (yrs) 25 Rent $2,350 Monthly Operating Costs $613 NOI $1,737 Debt Service $1,293 Cashflow (monthly) $444 RENTAL ANALYSIS 10-year 5-year 3-year Appreciation $74,458 $35,387 $20,811 Sale Price $414,458 $375,387 $360,811 Loan Balance $179,408 $220,612 $235,118 Sales Costs $26,940 $24,400 $23,453 Sales Proceeds $208,110 $130,375 $102,240 Cashflow $53,240 $26,620 $15,972 Total Return $261,350 $156,995 $118,212 Minus Initial Investment $39,060 $39,060 $39,060 NET Return $222,290 $117,935 $79,152 FLIP ANALYSIS Total Acquisition Cost $260,100 Flip Rehab Costs $28,200.00 Flip Rehab Duration (months) 2 Flip Marketing (months) 4 Flip Interest Carry Costs $7,208 Flip Taxes/HOA/Utilities Carry Costs $3,840 After Repair Value $340,000 Flip After Repair Cost $299,348 Flip Sales Costs (6.5%) $22,100 Flip NET Return $18,553
Reginald Dearmon wholesales
16 March 2016 | 9 replies
Obviously, not all buyers will be using the same method to purchase but you can still  factor in a rough number of what they may be paying for a hard money loan, private money loan, etc (points, fees, monthly payments over duration of rehab project), unless they are truly using their own money. 
Keith Schulz Tenant Breaking Lease - Security Deposit
14 March 2008 | 5 replies
That's where you include all the rent for the duration of the lease.Then you add a note that the rent due will be billed monthly until the time the lease runs out or the place is rented.
John Lindemann Does a buy have to have a realtor to buy from a realtor?
19 January 2016 | 24 replies
No, a buyer does not have to have an agent to buy, but you do have an obligation to pay 6%, no matter who the buyer is or where they came from during the duration of the listing agreement.
NA NA RE Data
21 May 2015 | 0 replies
Data including new constructions, sold properties duration, price and many more?
Vijay Kurhade How do you figure out residual value consideing complexities?
17 July 2021 | 0 replies
What is the best way to figure out residual value of development land at preliminary stage, considering as many high project complexities like Duration/Delays, Cost of Finance, Supply chain(Material-Labor-Logistics) price, availability uncertainties?
Account Closed tenant wants to change 2 yr lease to a 1 yr after only a month!
15 July 2013 | 60 replies
Please feel free to let us know if something does change in the future for you guys but until then we hope you can find satisfaction for the duration of your lease.Thank you,So and so _______When you referance them to the state statutes you then allow them to discover their rights and their liabilities given your position.
Brandon Reiter Closing on a Duplex - NO LEASE IN PLACE
12 March 2013 | 29 replies
Sorry for the shouting but you are looking at potential financial ruin by buying an occupied rental property and you have no idea if there's a lease, what the security deposit is, if there IS a security deposit etc.Let your Realtor and seller know that you will NOT be closing on this deal, in fact you don't even want to discuss a closing unless you have the following:Seller's full cooperation for the duration of the deal.Signed estoppel letters from the tenant that you personally witnessed.