
17 October 2018 | 37 replies
this means, 2 mcdonald workers living together in yucca valley could easily pay $1200/mo for a quality rental.my homes have all increased 10-20% a year for 3 yrs straight - as the few quality inexpensive rentable homes that come up are fought over by investors, new home buyers, airbnb.a sewer assessment going into effect will add 100-150 to the monthly tax burden (along with a few other assessments in the works - school,fire) Bob Armstrong (a realtor in the area) creates a nice email newsletter each month with data/commentary.

3 May 2018 | 12 replies
You could do some damage in Birmingham & the other markets I mentioned where the entry & cost of living is lower using this model.

4 May 2018 | 6 replies
The formula(s) would look like:Potential Gross Income (PGI) = full rents + any other income at 100% occupancyminus Vacancy & Collection Losses (8-10%) is typically usedequals your Effective Gross Income (EGI)Then you subtract your operating expenses (taxes, insurance, management & legal fees, repairs, utilities, lawn service, pest control, etc., and a reserve for capex) to get your Net Operating Income (NOI)From your calculated NOI, you can really start digging deep:Subtract your debt service from your NOI to get your cash flowDivide your NOI by the acquisition cost to get your cap rateTake your NOI, add the reserve for capex back in, then subtract your mortgage interest, to get your taxable incomeDivide your NOI by your debt service to get your debt coverage ratio (tells you how many times will your NOI will cover your debt/mortgage payment).

4 May 2018 | 10 replies
If you are asking if the replacement of the line from the meter to house now will damage the other pipes, I would not believe so.
4 May 2018 | 5 replies
What is the most effective source of financing for portfolio purchases between $1-2 million?

25 July 2020 | 30 replies
Also, offering a higher than normal % to the Buyer agents always gets their attention, offering less has the opposite effect.

6 May 2018 | 55 replies
It's amazing what you can get done when you explain that you are not trying to inconvenience the tenant, but this is the way you have chosen to effectively manage your business.
9 May 2018 | 31 replies
Perhaps you can see some kind of violation to report to the city as well if they have damaged the property exterior or have a broken down care or trash build up outside.And for your own sanity invest in good headphones until they are out.

11 May 2018 | 20 replies
Having more/ less bedrooms or bathrooms, as well as extra amenities such a pool will effect Sales Price as will the quality of schools and the Neighborhood Crime Rate.

11 May 2018 | 5 replies
I am also thinking about a bank owned property in CT that claims freeze damage.