Michael Catausan
Help Analyzing Small Multiplex Property in Kansas City
10 October 2017 | 10 replies
Thank you @Drew Kimminau for your response.
Philissa Gilliard
Existing bldg income for loan qualification?
8 July 2018 | 4 replies
Google Drew Mortgage and they might have more info on their website.
Marci Stein
hubzu titles?
18 May 2015 | 9 replies
Drew, I've previously bought a few properties from Hubzu before and from dealing with them, what I can tell is that Hubzu is a portal for the brokerage to list their properties as auction sales.
CJ Wine
Thinking of Investing in Michigan
11 January 2019 | 24 replies
@Drew Brown regarding the Traverse City market.
Brit Foshee
Latest Flip to Set to net 70K+
8 February 2019 | 14 replies
Thanks @Sam Shueh @Jordan Williamson @Mike Terry @Drew Solidum !
Drew Clayton
BRRRR gone horribly wrong -- sell and move on?
16 June 2022 | 19 replies
Quote from @Drew Clayton: I picked up a 3/1 SFH in Columbus, OH in October '21 for $82k that had a den that just needed a closet to become an instant 4/1.
Kurt Granroth
Typical Cash-on-Cash returns in Phoenix metro?
8 November 2017 | 28 replies
In most cases for our properties the tenants pay for the on going repairs.Harding in Coolidge, ArizonaPurchase 55kRehab, holding costs, closing fees, etc. 11kBank Loan 48kOption from Tenant 5kMy total in $12,348.08Monthly cash flow after all expenses 186.59, yearly 2239.08Cash on Cash Return 18.13%Northern in Coolidge, ArizonaPurchase 48kRehab, holding costs, closing fees, etc 14kBank Loan 38kOption from Tenant 5kMy total in 13,893.74Monthly cash flow after all expenses 257.97, yearly 3095.70Cash on Cash Return 22.28%Drew in Mesa, ArizonaPurchase 130kRehab, holding costs, closing fees, etc 23kBank Loan 104kOption from Tenant 5kMy total in 39,435.66Monthly cash flow after all expenses 404.02 yearly 4848.21Cash on Cash Return 12.29%Main in Apache Junction, ArizonaPurchase 69kRehab, holding costs, closing fees, etc 48kBank Loan $112,500Option from Tenant 6500My total in -1,160.34Monthly cash flow after all expenses 97.24, yearly 1166.88Cash on Cash Return = Infinite since I had no money into the dealSignal Butte in Apache Junction, ArizonaPurchase 193kRehab, holding costs, closing fees, etc 54kBank Loan 235kOption from Tenant 10kMy total in 456.80Monthly cash flow after all expenses 403.47, yearly 4841.64Cash on Cash Return 1059.92%27th Ave in Phoenix, ArizonaPurchase 102kRehab, holding costs, closing fees, etc 20kBank Loan 82,500Option from Tenant 5kMy total in 27,630.84Monthly cash flow after all expenses 432.12, yearly 5185.40Cash on Cash Return 18.77%
Joe Halter
Looking for some advice on rental options (Denver and Indiana)
31 January 2018 | 19 replies
@Drew Wiard thanks for that info, I just found you all and liked the page on Facebook!