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21 November 2017 | 25 replies
Thanks for the great forum here & I look forward to making connections and absorbing and utilizing as much knowledge as I can!
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7 November 2017 | 2 replies
Example:List Price $124,000ARV $200,000All-in Target $140,000 (70%) Refi Loan amountRehab Estimate $30,000Holding costs $6,000 (Includes PML interest only payment, insurance, utilities)Closing costs $7,000 (Acquisition and Refi closing)Purchase Price $97,000 (MAO) PML loan amountSo in this example you have a Private Loan amount of $97K.
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6 November 2017 | 7 replies
my question is, if I own a $20million dollar mansion, what other imvesting strategies can I utilize to gain more profit?
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7 November 2017 | 5 replies
Quick question about utilities and snow/lawn care for SFH student rentals.
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15 November 2017 | 14 replies
Is there on BP I can find legal notice template to be utilized in state of Texas?
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8 November 2017 | 3 replies
PURCHASE COSTS: Purchase Price ($62,000.00) Inspection(s) $400.00 Appraisal(s) $450.00 Survey(s) $0.00 Lender Fees/Costs $0.00 Closing Costs ($5,200.00) Other $0.00 Total: -$66,350.00 REHAB COSTS: Labor (from page 2) ($13,900.00) Materials (from page 2) ($16,380.00) Total: -$30,280.00 HOLDING COSTS: Mortgage Payments $0.00 Property Taxes ($300.00) Insurance ($700.00) Utilities ($900.00) Lawn Care $0.00 Other $0.00 Total: -$1,900.00 SELLING COSTS Selling Price $130,000.00 Commission To Agents ($7,800.00) Buyer Home Warranty ($500.00) Buyer Termite Letter ($50.00) Buyer's Closing Costs $0.00 Seller's Closing Costs $0.00 Total: $121,650.00 PROFIT: $23,120.00 On to my questions:- Other than potentially needing to pay some of the end buyer's closing fees, am I missing anything else that should be accounted for?
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8 November 2017 | 8 replies
Owing money to other landlords and utility companies unacceptable, as that has a direct reflection on their ability to maintain a successful tenancy.We don't accept co-signers.
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11 June 2018 | 9 replies
I'm currently no way affiliated with Ryan in terms of financial gain but he offers so much incredible value (free and paid) and helps actually take people up the chain in their industry.
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14 November 2017 | 10 replies
I have a strong desire to earn money in an entrepreneurial fashion and utilize my skills in new ways.
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10 August 2019 | 35 replies
As of now, I do not have any updates on tenants/applications or a confirmation on pending/remaining repair itemswater (utility) ON?