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7 November 2017 | 3 replies
-Worst case scenario--I have figured if I can get 7 properties (assuming I've paid cash for them all) by the time my spousal support runs out, while I won't live like a queen, I will be okay, even if I haven't made a career for myself or have to work a minimum wage job.I've been reading how I shouldn't be paying cash for these properties, which totally makes sense.
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6 January 2018 | 3 replies
Originally posted by @David Olson:@Elizabeth Galarza I also live in Katy.
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21 November 2017 | 5 replies
Well because I could not commit to acquiring my first property with the remaining time in the year, I’ve committed to analyzing 2 deals a day to post on the forums here.It will allow me to gain knowledge and advice from experienced investors and also give other investors like myself (or soon to be investors I guess) an opportunity to contribute as well.Even if they haven’t done any deals, they may know how to avoid common mistakes while analyzing that they’ve learned since they’ve started on their path to REI.I know it may not be much, but I’m really hoping that others in my position feel inspired to contribute more than the normal “Hi I’m a new investor looking to learn from everyone here on the site” and those more experienced are still willing to share their experiences.Thanks everyone.With that being said:Property #12-unit Property in Queens, NYEach unit is a 2br/1baAnticipated gross rents: $3.8k/moOperating expenses (per month):- Vacancy: $190- Repairs/Maintenance: $35- Taxes: $300- Insurance: $133.33- Property Management: $190 (did this at 5% of gross rents because I can manage the property myself but I’d like to set aside a portion in case it makes sense to transition to management).
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17 November 2017 | 16 replies
Property #22-unit Property in Queens, NYEach unit is a 2br/1baAnticipated gross rents: $3.6k/moOperating expenses (per month):- Vacancy: $180- Repairs/Maintenance: $70- Taxes: $295- Insurance: $135- Property Management: $180 (did this at 5% of gross rents because I can manage the property myself but I’d like to set aside a portion in case it makes sense to transition to management).
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15 November 2017 | 3 replies
Hi Elizabeth, That is great that you have a firm credit requirement!
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6 December 2017 | 20 replies
The markets I'm looking at are Anne Arundel County, Prince Georges County and Queen Anne's County.
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15 November 2017 | 0 replies
I'm analyzing these deals to get feedback on the analyses but if someone is interested, please PM me.2-unit Property in Queens, NYEach unit is a 2br/1baAnticipated gross rents: $3.6k/moOperating expenses (per month):- Vacancy: $180- Repairs/Maintenance: $36- Taxes: $300- Insurance: $150- Property Management: $180 (did this at 5% of gross rents because I can manage the property myself but I’d like to set aside a portion in case it makes sense to transition to management).
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20 November 2017 | 17 replies
@Kevin Allen You need to talk you @averycarl she’s the queen of the mountain and can teach you everything in one phone call.
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22 November 2020 | 4 replies
@Tanner Queen, I applaud your creativity with this one.
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22 November 2017 | 3 replies
I dont know the Queens Village area that well but I know homes are expensive here in NYC.Do you plan to wholesale the property - figure out what it will cost to buy it, rehab it and then advertise this information to potential buyers.