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27 August 2016 | 3 replies
A pre-liminary Team typically include an Attorny, a real estate Agent, a CPA (or accountants), Inspectors, General Contractors, and Handymen.
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1 September 2016 | 14 replies
However the math is simple… run an amortization calculator see what the taxes & Mort payment are, and then know what a flat in that area rents for, With that said here is 2 typical examples of Albany propertiesNew Scotland area 2 family’s run around 220k, 6k taxes, 1k insurance payment would be around 1570 a month, typical rentals would be around 1300Washington ave areas 2 family will run around 140, 3500 in taxes, 1k insurance would be about 1000 a month, with rentals being around 1000 a month.So you pretty much can break even in the not as good areas, grab a roommate or 2 and you’re really cash flowing.But don’t forget about the big savings of the low down payment and locked in low interest rate when you plan on exiting in 2-3 years
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26 August 2016 | 6 replies
It's essential to have a PM that truly is vested in seeing you succeed in your real estate investment goals.
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8 September 2016 | 9 replies
Needless to say brokers and owners put properties on there that typically have had off market exposure for 1 month or longer.
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18 December 2016 | 3 replies
Typically the properties are sold as is and require rehabilitation loans, or cash offers.
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5 April 2017 | 13 replies
Essentially I could have 2 units ready in under 2k.
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13 October 2016 | 3 replies
You can typically do the math from there.
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6 October 2016 | 2 replies
Said differently, if you buy a $3000 lien can you pay off the other lien holders so that you're in first position or is that essentially paying off someone's mortgage to get back your $3000?
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28 August 2016 | 10 replies
In our area, we typically budget for taxes to go up to 80% of the purchase price, but lately its more like 90-110%.
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28 August 2016 | 2 replies
Does anyone know what's typical or know where I can find what % I should put in the calculator for the following in Indianapolis :Vacancy Repairs and Maintenance Cap ExAnnual GrowthAnnual PV Growth Annual Expenses GrowthSales Expenses Thanks!