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13 August 2008 | 20 replies
I'll also check out the audio of the past radio shows too, thanks for the tip!
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5 June 2008 | 3 replies
I never paid anyone to paint, until 2 years ago.
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20 June 2008 | 8 replies
Hard to imagine a house that doesn't need at least paint and carpet and maybe new appliances.
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5 September 2008 | 6 replies
I just loved their term of "gingerbreading it" - just basically paint, carpet, some landscaping, flowerboxes, etc.
12 June 2008 | 9 replies
Look for signs of moisture from above- peeling or cracking ceiling paint (or worse!)
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8 June 2008 | 1 reply
Any advice or tips would be greatly appreciated.
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14 June 2009 | 34 replies
any tips about generating ideas for article topics would also be most welcome.
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1 July 2008 | 23 replies
:lol: Ok maybe don't do that, but any tips and suggestions are more than appreciated.
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17 June 2008 | 7 replies
. ($350)One is on social security and is disabled – other pays rent cashiers check ($275)Unit mix 2 x 2 bd/ 1 bth Here are the numbers:Price $26,000 (they will only accept cash) I can come up with about 10k in cash but would have to take a personal loan to cover the restGross Rent: $7,500 (100% occupancy consistently)Expenses –A) $1975 (owners claims with property mgt included)OR –B) $3000 (if I assume a 40% of rents =expenses) NOI:$5,525 (if use A expenses)OR$4.500 (if use B expenses)Even if I was to 100% LTV at a $26K price at approx 7.5% Annual Debt Service would be: $2340So Annual positive Cash Flow would be: $3185 (if expenses A – owner claims) (or $265 a month)OR $2160 (if expenses B – using 40% of gross rents) (or $180 a month)Repairs known (before property inspection) needs new exterior and interior paint (additional $1,500), Roof is approximately 10 years old The money seems small but consistentDuplex Located in Buffalo, New York There have been a lot of foreclosures in that area – some I can tell were investorsOn the plus side, these tenants don’t seem like they are going any where soon.