
2 September 2016 | 8 replies
Great area - here are my numbers: Monthly Annual Purchase Price 168,500 Monthly Rent 2200 Cash to Close (20% + $4k close costs) 33,700 Annual Rent 26400 Property Tax $375 $4,500 Insurance 100 1200 Mortgage 835 10020 Vacancy (5%) 110 1320 Repairs (5%) 110 1320 Total Expenses $1,530 $18,360 Net Income $670 $8,040 Net Income without Mortgage $1,505 $18,060 Cap Rate 5% Cash on Cash 24%

8 September 2016 | 5 replies
For example if I turned around and rented my condo in the current market I would probably just break even or maybe make $100-200/mo without accounting for management fees.

2 September 2016 | 3 replies
ACH is another way if you're comfortable giving him an account number
1 September 2016 | 1 reply
Hi Account Closed,We would be glad to help as we specialize in working with investors.

2 September 2016 | 34 replies
Workload distribution and accountability.

1 September 2016 | 2 replies
I would like to flip my next few properties to get some cash in my bank account.
1 September 2016 | 1 reply
You will need to know any taxes and insurance cost along with any management fees, utilities or lawn care you have to pay while owning, along with taking repairs and vacancies into account.
7 September 2016 | 2 replies
Account Closed I look at them as more motivated and possibly willing to take a low offer since they know they couldn't sell on the mls.

7 October 2016 | 3 replies
In fact, not only will they buy me the house (paying the mortgage) but they can pay for my retirement contribution, purchase me a new car, pay for my annual vacations, my medical insurance, my kids college tuition.

2 September 2016 | 3 replies
I have created an account, and when I put in my credit card info, it did not pass.