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Results (10,000+)
Joseph Skates House Renovation
5 September 2016 | 3 replies
I'm looking for a one-time cleaning service in Ontario.
Joseph S. Memphis Duplex Analysis - Is this a good deal?
4 September 2016 | 14 replies
I tried to include all the pertinent information below:Rental Income: $13,200Rent: Currently has a tenant on one side at $550 per month without a lease – I’ve made it a condition of the sale that the tenant has either signed a new lease with my property management company or delivers that side vacant; other side is not rented out due to required rent ready repairs; rental comps in the area show between $550-600 (I’m being conservative and assuming $550).Expenses:Vacancy: 10% ($1,320)Property Management: 10% of gross rents ($1,188)Property Taxes: $2,065 ($905 for City of Memphis, $1,160 for Shelby County)Property Insurance: $450 per year Repairs and Maintenance Assumption: 2% of Property Value per year ($980 per year)Utilities: separately metered; all paid by tenant except for lawn mowing at $25 once a month for $300Advertising: 6% (roughly ½ of first month’s rent) $792 per yearDebt Service: Based on $49k purchase + repair price, 20% ($9.8k) down, 5% 30 year fixed is $2,525 per yearLocation:This is probably where most of my concern is coming from: Western edge of Hickory Hill, Memphis, 38115; major cross streets: just SW of Clarke Rd and Winchester RdAcquisition:Purchase Price: $42k, seller to pay closing costsRepairs: $7.5kTotal Acquisition Cost: $49.5kARV: Large range of comps in the area, best guess is $60kFinancial Metrics:Net Operating Income: $6,105Cap Rate: 12.33%Cash Flow: $3,580 per year, $298.33 per month, $149.17 per unit per monthCash-on-Cash Return: 36.5%Do you think it's a good deal?
Victor P. Preparing My Home to Rent Out...Questions
3 September 2016 | 1 reply
Is it good idea to install wood laminate flooring throughout rest of home except bathrooms, laundry and kitchen.  
Account Closed I'm a new member
8 September 2016 | 9 replies
Hello, I'm currently a service member of the US Army and I'm looking into investing in real estate in the Miami, Miami Beach, North Miami Beach, Miami Lakes and Hialeah area.  
Sylvia B. Best way to structure rent to own from seller's perspective
3 September 2016 | 2 replies
Lease option teant/buyers are willing to pay a bit more for this service.
Darren Bradley Mentor Requested
5 September 2016 | 15 replies
Good luck on your endeavors and thank you for your service!
Daniel Alva What is the process?
6 September 2016 | 5 replies
I've heard that some seasonal mobile home parks shut off service to the entire park for the winter.
Kent Mayes Sponsered by KW? Do you believe wholesaling is "unethical?"
6 September 2016 | 5 replies
If you think your brokerage services to list a property are worth $15,000 or 10% or whatever else, you can negotiate that commission.  
Charlie Guinn Newbie in Charlottesville, VA; Willing to Help out/Analyze Deals!
7 September 2016 | 4 replies
Sounds like you are on the right path in offering services for gaining knowledge.  
Billy Blough New investor near Johnstown Pennsylvania
6 September 2016 | 5 replies
I would be careful about bumping the rent to include these services; tenants can get real careless with water consumption if they are essentially getting all they want for a fixed price.