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18 January 2019 | 6 replies
TaskRabbit, Angie's List and Home Advisor are your best bets.
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11 October 2018 | 11 replies
We currently collect 925/625 (total 1550) per month and pay no utilities.
25 October 2018 | 193 replies
isn't it a total stock market?
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12 October 2018 | 37 replies
I believe that multi-families are a far-far safer and more profitable bet.
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10 October 2018 | 2 replies
to be some upside that I am missing in my valuations:Purchase price: 495,000Units: 16Rental Income: 8,400/moDown: 20%Down: 100,000Closing: 6,400Repairs: 16,000 (assume 1,000 per unit)TOTAL INVEST: 122,400Costs: Debt: 2,800.00 (6%) Taxes: 690.00 Insurance: 200.00 Sewer: 800.00 Heat: 1,200.00 Yard: 40.00 Garbage: 300.00 Cap Exp(3%) 252.00 (Lower than I normally go) Repairs (5%) 420.00 (300.00 per yr/unit) Mngmnt (10%) 840.00 Vacancy(7%) 588.00 Screening 40.00 (tenant screening)TOTAL COST: 7,600.00 (rounded)Monthly CF: 800.00 (yikes...…...50.00 per unit!!)
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11 October 2018 | 6 replies
If the tenant/buyer wants get credits, just reduce the cost of the property by the total amount of "would be" rent credits.
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12 October 2018 | 4 replies
Total monthly expenses $1650 with a 15-year loan at 5% interest rate.
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12 October 2018 | 4 replies
Whatever I get I will plan on having tenant pay water and gas, $812 is the average of the current tenants total.
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15 October 2018 | 2 replies
For flipping or wholesaling, we buy based on being able to meet enough profit for the price point to make it worth our while based on the total investment required for purchase, holding, rehab and sale.
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11 October 2018 | 7 replies
Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.