6 July 2018 | 6 replies
You are going to want to talk to several professionals in your state for this one as it is a legal maneuver that amateurs or even professionals not familiar with the details of your situation on the internet probably aren't going to be able to help with much.

19 October 2019 | 26 replies
I'm always in favor of playing devil's advocate, but it's not possible to "force complexity...for the benefit of deeper understanding and analysis" when we have no details of cost, upfront cash, closing costs, rents and room for raising them, etc, etc.

6 July 2018 | 3 replies
Without the whole story and all the dirty details we can't know why the tenant even thinks this.I take it from the info relayed that the sewage issue is still on going.

6 July 2018 | 3 replies
Hi, I have a problem I think I've solved but I lack the experience to work out all the details.

9 July 2018 | 12 replies
Speak with your lawyer to get more details.

8 July 2018 | 9 replies
I'd like to dig deeper into why the naysayers are opposed, and what details you supporters specifically refer to.

6 July 2018 | 3 replies
Here are the details I have now: Purchase price $100,000 15% down $15,000Improvements $15,00020% down $3,000Your total loan amount is to not exceed $97,000.

9 July 2018 | 6 replies
Just PM me for details.

13 July 2018 | 3 replies
Details in MLSUnits: 6Taxes: $5874 (annual)Gross Income: $48,600 ($675 per month)Net Operating Income $38,838Total Expenses: $9762Vacancy Rate: 5%Asking Price: $449KOwner pays Trash & Water______________________________________________________________Based on the expenses I am assuming that the property management is completed by the owner and that they are including ~$4K a year in insurance.I ran the numbers in my own Deal Analyzer and I added:5% of Effective Gross Income as Maintenance Expense 10% of Effective Gross Income as Property Management ExpenseBumped the vacancy rate from 5% to 10%Insurance: $3000 (annual $500 per door)Water: $3240 ($45 per door - typical in city)Trash: $1,800 ($25 per door - complete guess)$12K for improvements ($2k per door)20 year note @ 5% with 20% down (assuming full asking price)2% Closing costs______________________________________________________________My numbers show a Cap Rate of 5.7%, cash on cash return of -5.12% and -$1,668 of annual cash flow.

10 July 2018 | 9 replies
I will have to look into the details just in case it makes sense before i completely rule it out.