
8 May 2018 | 2 replies
Then, like magic I bought 10 total rental condos, had $50,000 in cash flow rolling in and then appreciation happened and those rental condos doubled.
8 May 2018 | 3 replies
I am living very very cheaply so much so that people do not believe me less then 800 a month total and all no bills after that 10k a year and I'm clear all the rest is investing and saving money she has no bills because she lives with family we will be a one car home when we buy to save on that and it will be a little more expensive but shouldn't shift all yo much.Would you say it's worth it to keep this momentum up in savings to buy the condo just to upright sell it. as of now return is important yes but I want to conserve my momentous savings first and foremost and solidify it so I can have a great catalist for future investments

26 June 2019 | 8 replies
its been vacant for 10 years, assuming its a total rehab cost is very cheap but having a hard time coming to the conclusion is it worth it.

15 May 2018 | 4 replies
Total cost Monthly cost A/C unit (replace every 15 years) $8,000 $45 Roof (20 years) 10,000 42 Carpet (10 years) 3,000 25 Dishwasher (10 years) 500 4 Range (13 years) 700 5 Water heater (10 years) 1,000 8.5 Microwave (10 years) 300 2.5 Maintenance/repairs (minor) 125 Total 257Mortgage, insurance, taxes 960Total expenses = $1,217/monthRent = $1,350/monthCash flow/month = $133

8 May 2018 | 3 replies
Property #2: also $45k financing + $45k cash to close.Property #3: $1.Total cash to close: $90,001Then, assuming you refinance the third property at the same LTV, you get $45k back in a cash-out refi, bringing you back down to $45,001 out of pocket.Or, more typically:Property #1: $45k financing, $15k cash to closeProperty #2: $45k financing, $15k cash to closeProperty #3: $45k financing, $15k cash to closeTotal cash to close: $45kObviously, these examples ignore closing costs.

8 May 2018 | 1 reply
Figure the total cost and determine what needs repairs immediately, what can be deferred.

8 May 2018 | 1 reply
There may be room for 2-400/mo in total rent increases.

17 May 2018 | 25 replies
Shows a total lack of caring for family.

11 May 2018 | 25 replies
Interesting thread, I am taking the totally the opposite approach.

20 May 2018 | 13 replies
Otherwise, sounds like a total scam...sorry!