Mary K.
Newbie in Florida just joined
14 July 2015 | 16 replies
The year round sunshine was to much to handle?
Joel Owens
Vacation investment properties can suck you dry.
17 July 2015 | 2 replies
Southern California has perfect year round weather, and an abundance of things to do.
John Buchanan
Sub-metering services water/sewer, multifamily NC
15 July 2015 | 3 replies
- so it put a new layer of work on the management staff.Biggest problem - winter came and I had a whole new round of freeze damage due to the way the meters had been installed.
Taylor Ballam
How do you insure your family / properties?
19 July 2015 | 1 reply
As I've listened to their pitches & worked on creating a well rounded portfolio I thought a lot about insurance to cover my properties in case I die / something crazy happens!
Wendell De Guzman
How I Make $50K Profit On A $150K House Even If I Over-Pay For It
22 August 2015 | 15 replies
$ 4,800equals Profit (round up).....................$ 50,000When you sell a fix-n-flip, you hire an agent.
Stephanie Garcia
Duplex Deal
24 June 2015 | 18 replies
At your purchase price of 238,000 after your 15% down you are looking at a loan of about 195,500 which at a 30 year 4.75% loan your monthly payment is going to be -1,015.8 or -12,189.6 per year.NOI: 10,389Debt Service: -12,190 (Rounded)Cash Flow: -1,801 per year :(This is the cold hard truth of math.
Nick Noon
Cash Flowing Property Question
8 June 2015 | 3 replies
For example - round numbers: Let's say there is a duplex property for sale for $300,000.
Kamal H.
Utilities: Multi-tenant, One meter. Help needed on transferring utilities name
9 June 2015 | 11 replies
Hi again,Sorry I wasn't clearer- we charge the same rent year round, I just have the utilities factored into my costs.
David Fantell
Help on estimating numbers
10 June 2015 | 5 replies
Just an estimate)- $24,000 Holding Costs (An estimate of $4k per month x 6 months)- $40,000 Rehab Costs - $12,000 Purchase Closing Costs (an Estimate, about 4%)- $5,000 Loan Fees/Points (I'm rounding) - $163,000 Purchase Price $17,000 ProfitSo, on a project like this, that's about what I see.
Account Closed