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17 October 2009 | 8 replies
You need a parking pad on the side for the tow car but can get away with a much more narrow and short lot.
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28 September 2012 | 18 replies
Think of it more as a way to meet with colleagues & get away from the grind, etc...
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26 May 2010 | 82 replies
Some of this MFS construction is built on the hope that NBC-Universal will be able to build their big Post-production facility here in Universal Studios area (Which is a walking distance from my house) They expect to hire 13,000 people when construction is done.In my investment are (Round Rock, TX and Birmingham, AL) I own SFRs and so far so good.
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13 October 2009 | 7 replies
JV deals are the ticket and the secret!
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16 October 2009 | 9 replies
The numbers are as follows:Cost = 120,000Debt = 90,000Down = 30,000Gross Scheduled Income = 26,400Expense (50% rule) = 13,200NOI = 13,200Debt Service = $7,200 (rounding it a bit)New Cash Flow = $6,000On your 30,000 investment, that's a cash-on-cash return of 20%, which is very decent.In addition, you also have principal reduction in the first year of about $880, which gives you a first year total return of more than 22%, which is also very good.Assuming this property is in a location where long term rents can be expected to increase over time, your IRR of this investment will be higher than the first year return.Please note that all the replies, including mine, are based on some assumptions.
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23 October 2009 | 30 replies
The Section 8 voucher is not an automatic ticket to acceptance.
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20 October 2009 | 9 replies
Think of it like a Biggerpockets radio hour.A live feed for biggerpocets audiences, maybe even tied into the pro account as it has a kind of networking aspect to it.Make replying available pro members or certain influential members who have proven themselves (kind of like a round table board) to keep things civil.
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26 October 2009 | 11 replies
When dealing with homeowners in a short sale, you can get away with teh smallest of option fees, but yes, you should place some financial fee down, even if it is just $100 or even $10.
28 October 2009 | 4 replies
I am afraid it doesn't bode well for the future of our country when so many are incapable of taking responsibility or staying sober, hope they can get away with something, and expect to receive everything they desire without expending any effort.I keep wondering where all the losers are coming from.Unemployment is bad in my area and getting worse.