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15 January 2016 | 10 replies
The great part about driving for dollars is it doesn't cost you anything, except time and gas.
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5 June 2015 | 20 replies
I would take 10% of those winnings ($250) and put it into gas money for a few local REIA events (no guru stuff), some used books off Amazon that get recommended repeatedly on BP and Podcasts,( i really enjoy audiobooks), and then buy a seasoned investor lunch (I hear St Louis BBQ is great) with a few prepared questions in mind.....that leaves $4750 to deploy in a more focused way that matches your style and personality.
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12 June 2014 | 9 replies
Same seller for both properties4 PlexPrice: $130KThree 2 bdrm 1bth units, One 1 bdrm 1bth unit3 occupied, 1 vacant - (2 bdrm unit vacant)rents are $550, 750, & 750 - potential rent of vacant unit is $850 - 950/moGas and Electric are included in rent priceUtilities are budgeted with clauses in contacts that over a certain usage extra utilities go on the rentBudgeted Gas & Electric are $130/mo/unit for both utilitiesTaxes: $3462/yrInsurance: $600 - assumed to be going up after appraisalWater/Sewer/Trash: $137/moSteel roof just installed last year, siding have done on property, vacant unit has never been rented since renovation - completely new kitchen with new appliances along with an overhaul of the living room, bedrooms, and bath w/washer & dryer hook ups.30yr fixed loan @ $566/mo pymtDuplexPrice: $64900Two 3 bdrm 1 bth units - small bdrmsRents: $750/unit - both occupiedGas & Electric included in rent - same clause in contract as above - $135/moWater/Sewer/Trash: $78Taxes: $970/yrInsurance: $40030 yr fixed loan @ $283/moI think I can Net Cash flow this place around $200/unit/mo after I've set aside funds for maintenance and replacement reserves at around $300/mo total for both locations.
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29 November 2013 | 10 replies
I have had bankers tell me they will not push values or go outside the norm even if it is valid because something goes wrong later they can lose their job.
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2 October 2014 | 31 replies
When I was moving around if by kids didn't like some place, not saying they had to be overly pleased, but if they had valid objections and really didn't like a place, we kept looking.
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25 March 2015 | 28 replies
@Joe Villeneuve your pounts are very valid.
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24 October 2014 | 19 replies
Your concerns for schools is valid but you are in NC, so what do you expect?
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27 October 2014 | 6 replies
Perhaps advertise at gas stations or other stores that these people may frequent.I recently had someone call from my "For Rent" sign and tell me that another landlord she called said that they won't rent to "Spanish people".
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10 January 2015 | 3 replies
Some people find their best deals off market, but I will tell you without a solid plan you will burn ALOT of gas this way.