Jerel Lyons
Finding Absentee Owner's
19 September 2017 | 6 replies
Looks like they charge where you are: https://www.waynecountylandrecords.com/recorder/web/login.jsp?
Agustin Jimenez
80K-120K available for REI, what to do?
17 September 2017 | 20 replies
@Agustin Jimenez It is still in the middle of a revision, unfortunately, the last web contractor kept charging like a bottomless soda.
Jordan Puffer
Excited About Our First BRRRR Deal
12 September 2017 | 3 replies
The numbers look good:Location: Broadway HouseNumber of Units: 1Rent: $1,350.00 Square Feet: 1,666 Upfront Costs:Cost per Unit $95,000.00 Price: $80,000.00 Cost per Square Foot: $57.02 Cap Improvements & Repairs: $15,000.00Cash on Cash Return:19.84%Total: $95,000.00 Debt Coverage: [minimum 1.6] 1.78 20%Down: $19,000.00Capitalization Rate (ROI)9.05%Current Assessed Value: $29,666.00 Loan Amount: $76,000.00 Net Cash Flow per month: $314.08 Interest: 4.88%Net Cash Flow per month per unit: $314.08 Term (yrs): 30Total Rent/Month: $1,350 GROSS SCHEDULED RENTAL INCOME: $16,200.00 Less: Total Annual Debt Service: $(4,826.40)Less: Operating Expenses: $(6,470.63)Less: Vacancy and Credit Losses (7%): $(1,134.00)NET CASH FLOW: 3,769 NET OPERATING INCOME - (NOI): 8,595 INTEREST: 3,680 DEPRECIATION: 3,455 NET INCOME: 1,461 Property Insurance: $1,000.00 Property Management (10%): $1,620.00 Placement Fee(30%): $405.00 Real Estate Taxes (5.06179%) $1,501.63 Repairs and Maintenance (12%) $1,944.00 Services: Snow Removal: 720 Utilities: Electricity: N/A Gas and Oil: N/A Sewer and Water: $30.00/mo Other
Shirley X.
Agent hasn't rent out our duplex 3 weeks after closing
25 September 2017 | 33 replies
Then use a web based application taking service like rentmarketplace dot com to take applications and do credit check.Read in the landlording forums on how to screen, write your ad (besure to put your written requirements at the bottom of your ad so applicants know before they call).In time you may decide to turn over management to a property manager, or an agent.
Chandler Smith
Advice on investment
12 September 2017 | 6 replies
These smaller targets include daily goals of 20 minutes of reading(love the BP books) or podcast listening, and analyzing 5 deals a day(thanks goodness the web tools work on mobile devices).
Ray Southern
Newbie from Chicago, IL
19 September 2017 | 7 replies
Hi all,My name is Ray Southern and I'm looking to break into the world of REI.I've been a web engineer in Chicago for going on 15 years now, almost completely self-taught.It's been a great career, but I need to start looking ahead to retirement.I have no experience in real estate, except a condo I bought in 2008 as my primary residence, right before the market tanked.I'm still in the condo, did some refinancing, and plan on keeping it for good (great neighborhood), maybe renting it out if I start a family and need to move.My overall plan?
John Morgan
Has anyone joined the group "snap-flip"?
25 August 2019 | 44 replies
Again, I've learned more at BP web site than all the education info I've seen in the past 10 years.
Wyatt Johnson
Buying A House Someone Was Murdered In
18 September 2017 | 10 replies
A quick web search looks like Montana is pretty lenient on disclosure forms, but you should check with your local real estate experts to be sure.If a buyer learns of it I would certainly expect them to want a discount or to shy away from the property.
David Weintraub
Contact Info Private
17 September 2017 | 2 replies
It seems on a web browser you can view more information about users/members but on the app everyone is private.
Carl Legg
Lowest Cost Solo 401K?
19 September 2017 | 5 replies
@Carl LeggDo you want a set of docs from a web marketing firm and a pat on the back, or would you prefer access to quality and meaningful support?