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7 March 2019 | 1 reply
Any thoughts on how I might utilize a VA for this or which service to use?
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7 March 2019 | 1 reply
Basement pipes are dripping and utility tub is filled up and I am very cautious in using water inside the property.
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7 March 2019 | 5 replies
They are liveable, but new flooring, trim and paint would help spruce things up.For my analysis, I used some of the sellers pro forma info (as I have not fully accurately looked into items such as insurance, prop taxes, utilities, ect.) and used what I believe my numbers and annual income from rent/storage would be.
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9 March 2019 | 19 replies
The home inspector should be able to break everything down for you and check all the utilities, but while you have other Contractors there for your work, why not have those contractors look at those items for another opinion.
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8 March 2019 | 4 replies
Your software of choice, if properly utilized, will facilitate the flow of communication between all of your stakeholders, and provide the opportunity to build streamlined services.
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11 March 2019 | 8 replies
Look into the utilities and find out what (if any) has been done to the park over the years.
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11 September 2020 | 41 replies
Now while being a real estate agent is the perfect job for some people I think my abilities will be best utilized in property management.
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9 March 2019 | 0 replies
New to investing, and I have a complicated life with finances, here's a quick back ground, I have a corporation, and so I don't make much money personally due to divorce complications and children, and my corporation has been utilizing the tax benefits, so I am sorta shooting myself in the foot twice I already know, but I have bigger plans to make my life better just need options.
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19 January 2016 | 6 replies
I have had great success utilizing the same websites.
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9 October 2017 | 6 replies
Still, current projected rent is $3,200/month.Current owner (in keeping with the deferred maintenance theme) has very few financial records but does prove up the following actual numbers:-Property taxes, $1,900/year-Insurance, $2,320/year-Owner-paid utilities, $3,429/yearEstimated:-10% vacancy-10% management-15% for maintenance/repairs, and -Reserving $700/month for CAPEXBOTTOM LINE is $34,560 net rental income less $24,700 expenses = $9,900 NOI.Offered $95,000 with $10,000 reimbursed at closing for immediate CAPEX (roof and A/C units). 20% down, loan on balance ($76k) at 6% for 30 years.Cap rate with $400/month rents is 10.1%, cash ROI is 20.3%, and annual cash flow is $4,400.