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Results (10,000+)
Steve S. Trying to achieve financial freedom - WHAT NOW?
7 September 2017 | 19 replies
You could refi your 50% equity property to pull out more cash and use that and the $200k to buy more rentals or to invest as you like (Crowdfund, syndication, stock market, oil, metals, start ups, etc).
Luke Carl How Much TP Per Guest??
7 September 2017 | 7 replies
I generally use this detergent to clean oil spots on the driveway, not to use it to clean any linens or towels.
Stephen Kunen Allentown deal analysis help!
14 September 2017 | 5 replies
(Oil too, depending on the furnace).
Danny Farrell Hardwood Floors vs Laminate for tenants
11 September 2017 | 33 replies
I realize that is contrary to what most people do, but as a contractor who's doing and/or directing the actual installation and maintenance, it makes a lot of sense for usIn bedrooms, I staple in unfinished 3/4 in. tongue-and-groove oak with 3 coats of oil-based poly to finish it.
Charlie V. Live in basement, rent out top?
12 September 2017 | 7 replies
You could not cook a Thanksgiving turkey in that kitchen, but it would be perfectly fine for most single people.  
Agustin Jimenez 80K-120K available for REI, what to do?
17 September 2017 | 20 replies
The reason being, the prices throughout Kern county have been kept low lately because previously it was an Oil and Ag based community (which has not been doing well lately).  
Peter Halliday Bellwood and Maywood
24 September 2017 | 4 replies
In my opinion, they are more reflective of a southern Cook County 'municipality' than a western one, and suffer the same bloated and useless governments as those in the south.
David Santore Water Heater & Furnace without a Tenant - OK to shut off?
11 September 2017 | 3 replies
Currently, the rental unit is empty so I just shut off the furnace and the water heater to conserve oil, and frankly because there's no need for hot water and heat (currently not freezing).  
Scott Shold Illinois homestead exemptions for rental by family members?
11 September 2017 | 2 replies
” (35 ILCS 200/15-175) The amount of exemption is the increase in the current year’s equalized assessed value (EAV), above the 1977 EAV, up to a maximum of $7,000 in Cook County and $6,000 in all other counties.Our scenario is my mother and step dad live in a SFR of ours and their rent is solely based on the total costs of the property (mortgage, insurance, and property taxes).
Jordan Puffer Excited About Our First BRRRR Deal
12 September 2017 | 3 replies
The numbers look good:Location: Broadway HouseNumber of Units: 1Rent: $1,350.00 Square Feet: 1,666 Upfront Costs:Cost per Unit $95,000.00 Price: $80,000.00 Cost per Square Foot: $57.02 Cap Improvements & Repairs: $15,000.00Cash on Cash Return:19.84%Total: $95,000.00 Debt Coverage: [minimum 1.6] 1.78 20%Down: $19,000.00Capitalization Rate (ROI)9.05%Current Assessed Value: $29,666.00 Loan Amount: $76,000.00 Net Cash Flow per month: $314.08 Interest: 4.88%Net Cash Flow per month per unit: $314.08 Term (yrs): 30Total Rent/Month: $1,350 GROSS SCHEDULED RENTAL INCOME: $16,200.00 Less: Total Annual Debt Service: $(4,826.40)Less: Operating Expenses: $(6,470.63)Less: Vacancy and Credit Losses (7%): $(1,134.00)NET CASH FLOW: 3,769 NET OPERATING INCOME - (NOI): 8,595 INTEREST: 3,680 DEPRECIATION: 3,455 NET INCOME: 1,461 Property Insurance: $1,000.00 Property Management (10%): $1,620.00 Placement Fee(30%): $405.00 Real Estate Taxes (5.06179%) $1,501.63 Repairs and Maintenance (12%) $1,944.00 Services: Snow Removal: 720 Utilities: Electricity: N/A Gas and Oil: N/A Sewer and Water: $30.00/mo Other