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22 July 2014 | 19 replies
So i ended up paying this guy about $150/month /property, so after purchasing a couple of more property with him, he would start receiving $1200-$1500/month every month, even during snow storms, when other realtors were starving.
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10 March 2015 | 5 replies
Tenant to pay utilities, water, and handle all snow removal and yard upkeep.
20 August 2015 | 10 replies
Once you start pulling permits the time goes up and there is a LOT of work that can get done in that 2 week fudge factor since the things that will slow you down the most are getting the permits and getting the inspections done, then the finish work is the longest part of the actual work which will be about the same on any level of project (for similar sized places).This is assuming you have your contractors waiting to start as soon as you close, all materials are off the shelf or are ordered with the appropriate lead time (Which can mean doing things like ordering custom cabinets before you even close), no delays in getting permits (usually only a few days but have had it take over 5 weeks), the inspectors come out in a reasonable amount of time (no more than 3-5 days after calling), no major change orders come up, you start a job in Jan and then 115" of snow falls in the next 6 weeks and it is impossible to work over 20% of the days during that time, etc...
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20 September 2013 | 16 replies
I have been listening to the BiggerPockets podcasts incessantly.
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8 November 2017 | 44 replies
Cardone can sell snow to eskimos, but at least 28% of what he says he is doing is most likely true
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29 January 2018 | 12 replies
$1200 Utilities on our end water and some of the gas heat in one unit$500 Lawn and snow $1620 Management fee 5% we will management the units we live about 2 miles away$2000 Capex new roof, new heater, new hot water heater, new windows, newer appliances, 13% COC returnPlease let me know your thoughts on this deal and if you would adjust any of the numbers.
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9 February 2018 | 9 replies
Though that number has a lot of variables in it, who cut the grass, fixes the road, plows the snow, maintains the septic and who will you do all of this when you buy it.
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5 December 2011 | 10 replies
That ranges from mobile home courts, raw land, new home speculation,apartments, sf homes....heck, I'll buy anything if my gut tells me I can resell for a profit....I'm heading to Florida next week to see what all the hubbub is down there....I'd hate to miss out on the opportunities that I've heard about down there without at least checking it out for myself....plus I'd like to become a snow bird some day soon......
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18 August 2020 | 4 replies
Budgeted for gas, snow removal in the winter + the 5% for CapEx, Maintenance & Repairs per piece.
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4 June 2020 | 1 reply
Talk with a local insurance agent.If you're doubling the value of the property, you should expect the taxes to go up at some point, too.What about water/sewer, lawn care, snow removal (if applicable), and admin/professional fees?