
27 September 2018 | 15 replies
Its my first home and has done better each year , I bought it 4 years ago for 388k valued now at 615k , I'm finally at a place where I could move out and have some positive cashflow , kinda not if we are taking 5% vacancy 5% repairs , 10% cap ex and management fees, but If i solely move out and self manage it will create positive cashflow unless unforseen cap ex .

18 October 2018 | 7 replies
I will have to start speaking to Lee fees re specifics, I was expecting 25%zThank you for your insight.

25 September 2018 | 5 replies
Offer price is 75% of the realtor appraisal with 25% down, 5% interest on 30 year mortgage and assumes 5% vacancy, 10% property mgmt, 5%repairsSFH1 3B/2ba 1140 sq ft.Rent/mo 1500Prop tax 3384Insurance 1931Realtor appraisal $189240Offer price $141930COC return 6%Cash flow ~$185/moSFH2 4B/2.5ba 2200 sq ftRent/mo 2000Prop tax 4167Insurance 906Realtor appraisal $280000 Offer price $216700COC return 6%Cash flow ~$300/moCondo1 2B/.5Ba 1750 sq ftRent/mo 2625Prop tax 5335Insurance 3400HOA fee 8280Realtor appraisal $370000 Offer price $277500COC return -7%Cash flow $ -435/moCondo2 2B/2ba 1320 sq ftRent/mo 2300Prop tax 6363Insurance 520HOA fee 7800Realtor appraisal 450000 Offer price $315000COC return -9%Cash flow $ -653/mo1.

17 January 2019 | 17 replies
Yes, each company has different fees, desk fees etc- so this may help you choice as well!

9 October 2018 | 22 replies
It may sound nice to pay a 5% management fee but the extra fees can add up to be more than the other company that charges 10% with no add-on fees.

23 September 2018 | 2 replies
Or just go find a buyer and ask for a finders fee.

26 September 2018 | 12 replies
Vacancy - 8%, Repairs and Mait - 10%, Capital Expenditures - 8%, Mangement Fees - 10%Future Assumptions: Did not assume any appreciation over expenses, would be a nice plus but want the deal to be able to stand on its own without appreciation.Thanks!

23 September 2018 | 4 replies
Also - with this being my first investment property and first time working with a CPA, I have no idea what the typical fees are.
22 September 2018 | 1 reply
I contacted the company that owns all 4 tax liens and was told the pay off with interest would be 22k plus attorney fees.

10 October 2018 | 3 replies
Zip code 68104-Last years taxes = $1520-Purchase price and financed amount at 4.6% for 30 years = $120,000-Closing costs and funding fee (VA loan) = $9,200 paid out of pocket-Pretty much turn key property, minor repairs that I can do, less then $200 worth of work.