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14 June 2019 | 15 replies
We already have one deal ready to go out to our buyers hopefully they’ll see the vision.
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5 December 2019 | 32 replies
These standards are specific to you and must be consistent with your wealth vision, mission, values and asset type.Specific investment criteria may include:•Minimum appreciation•Minimum rate of return•Minimum cash flow or cash on cash return•Price range•Maximum amount of investment•Location of investmentOnce your investment criteria is established, you can use it as the key part of your system to identify the right investments for your wealth strategy.Here’s a sample of search criteria (must have):Purchase price should be between $60,000-$150,000Neighborhood should be a solid B-/C+ (Working Class)I want minimum 200+ monthly cash flow or 100/door after ALL expensesRent 1% or more of ARV10-12%+ CoC ROISchools above 6 ratingTenants pays all utilitiesIdeally (or more flexible criteria):I will buy with cash and want to refinance with 25-30% down after rehabBuilt after 1985.When possible, I want to purchase multifamily units (2-4, max 8)I want to spend less than $3,000 on inspections and closing costsI want to spend less than $10,000 in initial repairs and rehabValues we use in our calculations:5.5% interest rate, 30 years10% vacancy6% repairs and maintenance6% capital expenditures10% management fees2% annual income growth2% annual appreciation growth2% annual expenses growth6% sales expensesUse It or Lose ItThis system (as with all systems) is only successful when it is used properly and consistently.
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13 June 2019 | 7 replies
Have a discussion about your goals and visions.
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16 November 2015 | 13 replies
You'd be surprised how many can see the vision - or will at least be willing to risk it to get the house.That being said, your showings are a little more involved.
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28 June 2015 | 6 replies
Over lunch one day I shared my vision of buying Multi family and apartment buildings that are seller financed and using private money from some investors I know, that are looking for a better return on their dollars, to cover the down payment, closing costs and repairs/improvement.This peaked his interest in expanding his search criteria outside of what he specializes in and within a day he had a sweet triplex within a few miles of my office/shop.
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6 April 2022 | 27 replies
@Ezra Henderson while there is a lot here to throw out a virtual high-5, I get a sense there may be a fair bit of tunnel vision happening on this deal as there are some other factors I don't see mentioned at all, that can have HUGE impacts, that would be Operation Expenses, both realized and deferred.
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28 August 2009 | 7 replies
and I get these visions about what I would like to build there.
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15 January 2020 | 12 replies
FINAL THOUGHTS: It sounds like you have the visions of expanding to more units...I firmly believe in order to do that successfully, having the right systems in place will position you to expand, delegate, & ultimately run an efficient business.
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16 May 2020 | 23 replies
They just need oversight to implement your vision.
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23 August 2017 | 11 replies
Assistance animals perform many disability-related functions, including but not limited to, guiding individuals who are blind or have low vision, alerting individuals who are deaf or hard of hearing to sounds, providing protection or rescue assistance, pulling a wheelchair, fetching items, alerting persons to impending seizures, or providing emotional support to persons with disabilities who have a disability-related need for such support.