
6 March 2018 | 5 replies
Upper main roof first half replaced 8 years ago, second half replaced last year, and lower roof was replaced last month.4 Separate Crown Aruba Gas Boilers, regularly serviced and approximately 20 years old. 4 Separate Gas hot water heater (ages vary)Washer Dryer hookups available in basement for coin laundry for additional incomeExterior painted two years agoShingle sidingProperty just passed state inspectionReplacement energy efficient windowsPurchase Price: $210kAppraised Value: $285kProperty Type: Quadplex/Turnkey tenants in placeArea: BUnits: 1-3BR, 3-1BRRental Income: $3365 Per Month / $40,380 per year (rents can be raised 5% upon lease renewals)Utilities: Separately metered, each tenant pays their own gas and electricHouse Utilities: Common area utilities are about $20.00 per monthWater/Sewer: Landlord pays $1500 per yearProperty Taxes: $7855 per yearInsurance: $2500 per yearLandscaping/Snow removal: $1221.00Vacancy: ???

14 March 2018 | 13 replies
What I do like those is the Carolinas specifically Charleston I found that city about 5 years ago and it was coming out of the 08 melt down.. but I was keen on Boeing and being around aviation all my life I thought the Dreamliner was going to be a huge hit and when they moved it all to Charleston.. and Boeing bought 1000 acres around the airport..

11 March 2018 | 12 replies
Speaking of local Milwaukee experience: every deal that hits MLS get's looked over by literally hundrets of local investors in the first 24 hours.

8 March 2018 | 12 replies
But for every one of those there are 10 that hit.

13 March 2018 | 13 replies
In addition, it allows you to see new deals before they hit the market.

7 March 2018 | 3 replies
Then I could cash out refi and buy another.Alternatively, I could just use it for three downpayments and get three more houses.Alternatively, I could just hold onto it and see if the market takes a hit in the next year or so, then be glad I waited for the right time to buy.

7 March 2018 | 1 reply
I've completed the continuing ed classes in physical classrooms and online, and online just seemed so much more efficient.

12 March 2018 | 18 replies
its when people get cheapo on this and buy 100k properties on quit claim deeds with no title insurance that things get dicey quickly.I had a guy on BP hit me on PM he drank the land trust cool laid and the did the deeding them selves and now no one will insure it.. no title company will give a lenders policy.. so he is stuck in the mud.. and the seller he said won't resign

14 March 2018 | 14 replies
This will help finding the deal before it hits the market.

8 March 2018 | 6 replies
Also, saying that you need to get the concrete done anyway and don't have that kind of cash on hand leads me to believe you might want to think about getting some stronger cash reserves or your own lines of financing before proceeding; I've got credit cards with credit limits double that, where I could self-finance those kinds of repairs if necessary, but that's not a big enough hit that I'd have to worry about taking out loans on paid-for houses.