Doug Thompson
8-plex deal cash flows, but probably won't pass appraised value?
17 May 2016 | 19 replies
He happens to be the city attorney.8x 2BR, one building, built in 1971. 8x single car garage detachedrents at $650 ea, (in line, according to chamber of commerce)Annual income $66000, includes extra fees for pets and cleaning fees, some laundry.Expenses $42,639Net Cash Flow $23,361Purchase at $295,000Down payment $73,750, Closing costs $4,000Repair costs of $18,250, with another $5k needed in few years.Using the BP rental analysis tool, I have accounted for monthly vacancy 5% ($275), Repairs and Capex $165, Misc $150, Management $432, Insurance $100, utils $614, taxes $404, P&I $1414.
Roland Thomas
How To Analyze A Commercial Deal?
21 April 2016 | 4 replies
Contact your local Chamber of Commerce they can assist you with a lot of information, they will even have members looking for office space if you have vacancies.
Joshua Oclaray
Newbie
12 August 2016 | 9 replies
Talk to the Chamber of Commmerce and see what they have to say.
Arnab Sinha
Invest in SE, SW Tucson
26 September 2019 | 15 replies
And he's mentioned carrying to me.I got that info from Tucson Chamber of commerce.Regarding the 13 units please share the location and what is your friend seeking for price?
Tim Ivanchuk
Analyze My Deal: First Time 10 Unit Rental
28 September 2019 | 8 replies
I'm just going to yell down the echo chamber.... the rehab cost is very light.
Andre Jernigan
Real Estate License
4 October 2019 | 29 replies
I took time while I was doing my online work to research local chambers to join, talking with people around church and community organizations and letting them know that I was getting in to real estate.
Nicholas Groover
First hard money loan
2 October 2019 | 12 replies
@Melba Chambers yes they wanted a 3k up front charge that they give back on the sell of the home.
Joy Chambers
Buying land versus unit dwelling properties
13 October 2019 | 5 replies
@Joy Chambers Nice!
Mac Caspersen
Where to move in the US for investing for the beginner
20 October 2019 | 26 replies
Chamber of commerce is the place to check.Urban sprawl - Not talked about much but you have only to look at any major city and you will see locations that were once the best in town and are now distressed.
Maurice Blackledge
First Rental Property Deal Done!
6 November 2019 | 86 replies
Thank you @Melba Chambers!