
28 March 2021 | 16 replies
Originally posted by @Roy N.
17 February 2015 | 9 replies
I sell my properties as is and expect my buyers to price n the risk of problems into their offer.

17 February 2015 | 6 replies
@Roy N. merci beaucoup et je compte definitivement poser des questions sur tous!

27 April 2012 | 7 replies
The numbers are with the current rent which is about $100 per unit below the market in that area.Leverage:90%Marginal Tax Bracket:35%Appreciation:2%Capital Gains Rate:15%Interest Rate:6.00%Value of the Land:20%# of Units2Total Square Footage1568ARV after Rehab:$100,000COMPARATIVE ANALYSISPrice Per Square Foot$57.37Price Per Unit $44,975Gross Rent Multiplier6.52Cap Rat/ROA7.97%PURCHASE ANALYSISPurchase Price$89,950Closing Costs2.00%$1,799Total Cost $91,749First Mortgage90.00%$80,955Second Mortgage0$0Down Payment$10,794ANALYSIS OF FINANCINGInterest Rate 6.00%0.50%Term in Months (n)360Amount Borrowed (PV) $80,955 Balloon Payment (FV) $- Monthly Payment (D)($485.37)FIRST YEAR OPERATING PROJECTIONIncome/ExpenseNet Rents $1,050.00 $12,600.00 Vacancies5% $52.50 $630.00 Advertising $- $- Cleaning & Maintenance $50.00 $600.00 Contingency $50.00 $600.00 Captial Improvements $- $- Insurance $50.00 $600.00 Property Management 10.0% (self managed) $105.00 $1,260.00 Property Taxes $180.00 $2,160.00 Water, Sewer, Garbage $50.00 $600.00 TOTAL OPERATING EXPENSE $537.50 $6,450.00 NET OPERATING INCOME $512.50 $6,150.00 Mortgage Payment $(5,824.39)Pre-tax Cash Flow $325.61 Tax AdjustmentsInterest Payment on Mortgage $4,830.26 Depreciation (affects TI not CI)$71,96080% of value/27.5 $2,616.73 Year 1 Taxable Income $(1,296.98)Pre-tax Cash Flow $325.61 Tax Expense $453.94 NET CASH FLOW $779.55 CASH ON CASH RETURN YEAR 17.22%My first thought is to Raise the rent to 575.That would bring cashflow up too 120 per month at 13.3%.

1 May 2012 | 3 replies
My name is John. aka BrProps4u. I was blessed with several very well timed primary home exchanges that were profitable. My primary was paid down pretty far just by being frugal and adding to my payments each month. Af...

14 May 2012 | 24 replies
Hi Don,If you got a foreclosure notice and you want to keep you home then you may be i n for a nice surprise.

8 February 2014 | 61 replies
A tenant paying $1300 a month would have an issue with a dent 'n bent stove from craigslist, but we only buy those kinds of appliances for the SFRs.
20 July 2012 | 6 replies
Like for example if I try to get this property herehttp://www.trulia.com/property/3029822505-2635-N-47th-St-2637-Milwaukee-WI-53210or if i made a long stretch for something like this herehttp://www.trulia.com/property/3066284867-5907-W-Washington-Blvd-5909-Milwaukee-WI-53208How do I figure out my income opp. and profit margin?

6 July 2012 | 4 replies
Stephen N. - Check this article out:Bandit Signs: The Ugly Way to Advertise Your Real Estate BusinessAs I'm sure you know, these signs are likely illegal in your area . . . if you use illegal tactics to market your business, I believe you're on your way to starting things off on the wrong foot.There are plenty of other ways to market . . . use those methods that are legal.

10 July 2012 | 22 replies
I've heard from some friends over the years that the area you are speaking of is a good one; but they we doing fix n flips.I wish you all the best of success!