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21 February 2016 | 29 replies
My reasoning: Larger Body Types = More wear and tear on the property.It looks like this has already been discussed, without resolution, on bigger pockets: https://www.biggerpockets.com/forums/52/topics/187...The overriding theme seems to be to not discriminate based on size.
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8 November 2016 | 10 replies
A lot of the typical guru info out there would be illegal in Ohio, but SSU will teach you the rules of the game so that you are not breaking laws.
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22 February 2016 | 6 replies
Then just break it keep the ones you liked and tell the rest the truth... you were looking for information. i would not see why they would not be cool with it because the big picture was to get you to spend so no matter who you called you were going to spend money on the "Great Real Estate Game".Hope this helps.
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18 February 2016 | 16 replies
Born and raised here, I’m looking to break into the world of real estate investing!
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23 February 2016 | 22 replies
I am excited to be joining and looking forward to learning and contributing towards this wonderful collective body of real estate knowledge.
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21 February 2016 | 13 replies
Well I bought an office in a condominium - The tenant decided to stay and I really like the fact that the condo takes care of the outside and all I have to take care is the bathroom ( there is no kitchen ) - So unless the toilet breaks it is maintenance free.
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25 February 2016 | 15 replies
My tenant in Jersey City NJ is looking to break lease early.
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17 February 2016 | 6 replies
.= $2,600.00 Monthly Maintenance estimate= $340.00 Annual Taxes = $5,984.00 Monthly Vacancy Cost estimate= $75.00 Monthly Maintenance Expense % = 5.00% Monthly Capital Expense estimate= $370.50 Monthly Vacancy Expense % = 8.00% Monthly Property Management Fee $0.00 Monthly Capital Expense % = 5.00% Total Monthly Costs = $4,663.99 Monthly Property Management Fee % = 0.00% Monthly Profitt = $2,236.01 Rehab Costs = $0.00 Annual Profitt = $26,832.07 Purchase Costs = $0.00 Debt Coverage Ratio = 1.48 Monthly Rent $6,900.00 Annual ROI = 26.83% Money needed up front = $100,000.00 Months to break even= 44.72
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21 February 2016 | 6 replies
Nicer places in nicer areas are great, easier to rent, and usually less work to maintain but if your just going to break even on a 30year note its not really worth it in my opinion unless your in an area where you expect to see a lot of future appreciation which is always speculative at best and even more so on a multifamily where the income will always dictate the selling price.
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18 February 2016 | 4 replies
I don't think it can be as easy as just getting my commissions deposited to the business account I will open when the LLC is formed to get a tax break, so what would I need to do exactly to get the most of this and not be looked at as a "disregarded entity"?