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25 May 2016 | 7 replies
I'm not even including taxes, water/garbage.
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25 May 2016 | 6 replies
This is where the experienced guys who know how to keep their heads above water can make moves that will set them up for a great deal of long term success.
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28 July 2016 | 7 replies
They have an option to select multi-family properties and you can filter the results to your liking.
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28 May 2016 | 6 replies
I used a household power washer but I think it might need more than water to remove the grime.
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25 May 2016 | 6 replies
we felt that in these 7 days we received the best and indispensable education we could get only by jumping into the water.
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30 May 2016 | 11 replies
I've had plenty of investors dip their feet into these waters and none of them end up pulling the trigger on actually doing it after doing the math.
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28 November 2016 | 19 replies
It blows FHA out of the water!
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29 May 2016 | 21 replies
Nice way to add water and have instant 100 home portfolio.. then you can just sit back in your barcolounger and let the cash flow roll in.( just kidding I know its a full time job chasing these renters in these asset class's) good luck with it.
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26 May 2016 | 0 replies
Total Rents ($1,127/mo avg) $81,120Vacancy 7% ($5,633)Net Rents $75,487Property Management 10% ($7,549)Taxes ($3,265/yr) ($19,578)Association Dues ($1,500/yr) ($9,000)Insurance ($325/yr) ($1,950)Deferred Maint ($100/yr) ($600)Plan for Special Assessments ($50/yr) ($300)Cleaning/Prep/Updates ($75/yr) ($450)Water/Sewer (part of assoc dues) inclLanscaping/Snow (part of assoc dues) inclLegal/Accounting/Tax Prep ($500)Other $0NOI $35,560MORTGAGE (80%, 30yr, 6%) ($20,951)PROFIT $14,609PURCHASE PRICE $364,000DOWN PAYMENT $72,800CASH ON CASH 20%
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1 June 2016 | 7 replies
I'm in my mid 30s and many people my age are still living paycheque to paycheque.I'm a mortgage agent in Cambridge, and id love to help you navigate the water, so at least you are prepared when the time is right.