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Results (10,000+)
Jay Patel County Held Foreclosure Auctions - Title Searches?
11 June 2016 | 21 replies
In fact (at least in Palm Beach, Broward and Dade counties), you can filter and sort your search to only show the records for a particular property.  
Peter Brooke Considering offer on a MultiFamily (3)
31 May 2016 | 10 replies
& Credit Loss (5%): $1,734 (I include the laundry income in this calculation because it is safe to assume that when you experience a vacancy, you will experience an equivalent proportionate loss in laundry usage).Gross Operating Income: $3,2946RE Tax: $5,237Insurance: $1,200Lawn: $870Fuel: $636Electric: $240 (seems low for 12 months of laundry)Water/Sewer: $2,029.94Property Management (10%): $3,294.60Repairs & Maint (5%): $1,647.30Total Expenses: $15,154.84OER: 46% (Lower than 50%, yes, but the 50% rule is for quick assumptions and somewhat worse-case. 46% is realistic for a multifamily, but you still need to verify all of the known variables to be accurate).NOI: $19,525.16CAP (assuming $245,900): 7.94%Now, I don't know the prevailing CAP Rates for 3-families in that part of Manch, but I would have thought they would be better; thereby suggesting that the price is too high.Cash Flow: I'm going to have to make some assumptions here.
Yousef Reda GOOD DEAL? Please TELL ME BEFORE I INVEST!
28 May 2016 | 12 replies
Here is the numbers.Rooms: 6 bedrooms 2 bathroomsTenants:3 tenantsUnoccupied rooms: None Rent for tenants: 2825$/month = 941$ each Average yearly Income: 34, 200Property Listed Price: @$299,000 Offered Price: $290,000EXPENSESTaxes: $1722 per year = 200Insurance: 200 City water 150Lawn 160$ Estimate for Vacancies: 5% 142.5 Its actually 5.2% Repair: 7% 170Property Management (10%) 285-> She told me she can have a friend watch and care for the property for meMortgage: 5% down(14,500) at 2.3% for 1206(adjusted)Expenses total: 2228.52$/monthCash flow= 596.48 NOI: 7157.76ROI = NOIx12/14,500 = 49%Okay guys so Looks like my Cash flow and ROI is GREAT.
Account Closed Insight into the Hampton Roads Real Estate Market
27 May 2016 | 1 reply
People love to live near the water :)If you can find something near the oceanfront area, you can get higher rents. 
Chris Ahlemann Slum Lords!
27 May 2016 | 4 replies
There were multiple times when I was living there during the four years that there was a water leak and caused damage to the apartment and dampened the carpet.
Jacob Song are 4-6% property taxes suppose to be normal??
30 May 2016 | 17 replies
I had a 800k house in Washington county. which was on septic and private water tax's were 6k a year total.. not bad.
AL Brown Multi family purchase
28 May 2016 | 7 replies
I'm assuming I should call now to get the utilities(water/sewer) in my company name with an expected start date.
Arthur Garcia New guy from NM pursuing a dream
30 May 2016 | 6 replies
If possible get one on town water and sewer, underground utilities and paved roads.Check out the Start Here page http://www.biggerpockets.com/starthereLocate and attend 3 different local REIA club meetings great place to meet people gather resources and info.
Ajay A. Separating out meters
1 June 2016 | 4 replies
,I see a lot of listed properties that have one or more utilities in common.There was one in Caldwell that had Electricity shared between 2 units, and a lot of them have either water or gas shared between one or all units.Anyone have any experience in separating out utilities(Electricity OR Water OR Gas)?
Moshe H. New to BP from lower Hud Valley, NY
27 May 2016 | 1 reply
One unit has bedrm and bath closed off due to water damage, it's currently rented as a 1BR but could be repaired and rented out as 2BR probably for an additional $200-300/mo.This seems like a steal, assuming everything checks out with house inspection etc, but what makes me most nervous is I'm not planning to do this full time, I have a job and I can't be driving up there every week to coordinate the repairs and check on them.