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5 March 2008 | 4 replies
My 2 sisters and I inherited our mothers condo in 2005, put the property into our names in 2006, we decided to form a LLC in 2007 for tax purposes, now we need to file taxes for 2006, 2007 can 2006 be filed under the LLC.
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21 September 2011 | 56 replies
He said cash flow, he did not indicate specifically profit.I looked at it like this:$1,000,000 / 12 months = 83,334 per month in cash flow.3 bedroom SFHs in my area are running around 40-50k and rent 1100-1200/mSo, 83,334 / 1150= 73 (rounded up)73 * 40 = 2,920,00073 * 50 = 3,650,000At least between there if you're look at my amounts as far as paying cash.
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20 September 2011 | 9 replies
But the bids I get are all around $16.0 or $17.0 sq.yard.That's about what I paid the last time I installed carpet in our San Diego condo.
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20 September 2011 | 3 replies
I'm pretty new to RE investing and found a condo where i met the current owners in a short sale situation.
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2 November 2011 | 14 replies
I am currently investing in Dayton Ohio. you can buy Rehabbed rental property in workable neighborhoods and can be all in for 2 or 3 bedroom single family 800 square foot properties that sell for 25k to 30k and rent for $550 - $625.
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1 November 2011 | 1 reply
I closed my first multifamily syndicated purchase this week (24 unit, 7 yr old high quality condos in Des Moines),but, my second deal fell through because the largest investor pulled out at a late stage and I didn't have a backup investor so couldn't get to closing.
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4 October 2011 | 11 replies
We recently sold our condo and decided to ask our real estate agent to indicate that we weren't going to consider offers for the first week of the listing.
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3 October 2011 | 6 replies
The average rental (4 to 5 beds, 1 to 2 baths) on this street runs from $800 to $1100 without utilities.3 out of 4 bedrooms are under lease and will be renting out the fourth bedroom as soon as I find a second property within my target range.
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5 October 2011 | 11 replies
Nitpicky, but you asked.Model homes around here always have a theme in the kid bedrooms.