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12 February 2025 | 43 replies
Also is it possible to ask the county to reach out to these lien holder and inform them this was a judicial sale and that all liens is cleared. ( assuming county has power to get rid of the lien in this hypothetical)
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22 December 2024 | 1 reply
Your story about the seller financing deal is powerful—trust really can change everything.
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4 January 2025 | 5 replies
I carried double the cost on Gas and Electricity to be safe. ==== Projected Income ====**Off Season**-$4,000/Month Rent Period: September - May (7 Months) Projected Income: $28,000**Summer 1**-$8,000/Week Rent Period: June (4 Weeks)Projected Income: $32,000**Summer 2**-$8,500/WeekRent Period: July-September (12 Weeks) Projected Income: $102,000**Optional** (Basement Apartment)-$2,000/Month -Rent Period: Year Round Projected Income: $24,000TOTAL PROJECTED INCOME: $186,000 ==== Operating Cost ====-Mortgage: $84,000 ($7,000/Month) -Utilities: $36,200Gas $6,000 ($500/Month) Electricity $6,000 ($500/Month) Internet $2,400 ($200/Month) Garbage $5,000 (Estimate) Pool $4,000 ($250/Week)Landscaping: $4,000 -Mowing: $2,400 ($150/Week) -Clean Ups: $1,600 (Spring & Fall)-Weekly Turnovers: $8,800 ($550/Week)==== Legal Cost ====Summer Rental Fee: $20,100 (15% of $134K)Sandwich Rental Tax: $6,855 (15% of $45,700) NET PROFFIT: $38,845.00
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2 January 2025 | 4 replies
My GUESS is these homeowners have been tricked/screwed in to signing a long term power purchase agreement, often with no buy out provision.
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13 January 2025 | 10 replies
It gives you the power of a professional real estate bookkeeper but it's simple enough for someone who is not a fan of bookkeeping to stay on top of things because the User Experience is well thought out.
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9 January 2025 | 9 replies
This is one of the most powerful statute combinations.
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6 January 2025 | 2 replies
Every task must be completed diligently and on time.If you wing it, you're gonna miss something, you're gonna mess something up.So, be proactive, stay organized, and keep your power team aligned to ensure a successful closing.
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4 January 2025 | 4 replies
You could easily be $100k in for water/gas/power/sewer if you’re talking 4+ lots.
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3 January 2025 | 1 reply
Purchase price: $630,000 Cash invested: $120,000 Completely gutted this property, brand new electrical, furnace, propane, finished basement to create separate unit.New garage with rental unit.
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11 January 2025 | 2 replies
This is some of the most desirable and difficult to develop real estate in the country, owned and operated by many of the most powerful and affluent individuals and corporations on earth.