John Emmerson
We have a property to sell. Considering Wholesaler??? 1st timer!
11 May 2016 | 4 replies
There is no charge to you vs using a relator who will just put it on the MLS and charge you a percentage at closing, the wholesaler gets his fee rom the buyer.
Mary Thurman
Change in roommate- Nullify/Void a lease?
14 November 2019 | 2 replies
You don’t want to be in a situation where you rent out her room then she comes back and complains that you rented HER rom out.
Devin Waugh
Wholesale and RE Education / Strategies + Life Plan
17 October 2019 | 2 replies
ScottThe Book on Rental Property Investing - Brandon TurnerThe One Thing - Gary KellerSet for Life - Scott TrenchClick - Rom BrafmanBlink - Malcolm GladwellThe Richest Man in Babylon - George S.
Kevin D.
Used mobile home price assumption
14 November 2017 | 4 replies
If anyone cares to post ballpark/ROM figures for basic hook up costs, here is their situation: they are leech field septic, well water, city electric, natural gas hookup and no cable/satellite tv that would help tremendously.
Account Closed
Should I remove bug screens for staging?
27 October 2017 | 0 replies
Do other people do this rom the beginning?
Andre Bouquet
Newer investor looking to grow - Columbus, OH
11 December 2017 | 8 replies
No time like the present to start.Anyway, my name is Andre Bouquet and I'm from Columbus, OH.
Jim Cummings
Paying off An Existing Loan
31 March 2022 | 18 replies
By the time both of these qualifiers happen, there should be enough added equity from the mortgage paydown (thank the tenant) to cover those closing costs.Example:1 - By a property worth $100k for $100k2 - 20% DP = $20k = paid for equity3 - Cash flow on property = $4k/year4 - 5 years of CF recovers my cost (cash/DP)5 - 4 years of 5% appreciation = $121k in PV, which means the appreciated equity has equalled the paid for equity6 - Since it takes an added year (5 years) to recover my cost, I get one more year of 5% appreciation; PV now = $127k7 - Cost is fully recovered, but my equity value is now down to less than 3 to 1 ($127k to $47k)8 - Property is sold for $127k9 - Take $47k (remember, the paydown rom the mortgage payments is paying the closing costs), and by 2 properties just like the original one.10 - $47k in equity now equals $235k (5 to 1), not the $127k it would have been if left alone.11 - Buying 2 more like the original also means your cash flow should double. *12 - Repeat...* Note: I'm showing buying 2 properties just to demonstrate the math involved of doubling everything.
Jose Ramirez
A man trying to exit the ' Ratrace '
11 May 2022 | 5 replies
So @Jose Ramirez you can see that people rom BPS are more than willing to share their thoughts.
Howard Handler
Increase Rent by How Much?
26 January 2023 | 11 replies
As much as you don’t want change from new tenants they don’t want change from having to take time off rom work to look for a place and move.
Debbie Arnold
Anyone ever rented out home for Adult family home use?
27 January 2021 | 10 replies
We will take care of social needs, hair nails and appearance beyond basic hygiene make up hair polish mani & pedi.We will do our pt/ot available everyday as prescribed or at a minimum sit & be fit or if applicable active / passive ROM as well as hobbies activities and coordinate spiritual care.