Amber Saulsbury
What CAP rates are you seeing in your market for multifamily
15 August 2019 | 112 replies
@Amber Saulsbury @Irina Belkofer is correct in laying the CAP rate formula, as I read in one post above where they included the financing expense which SHOULD NOT be included when calculating the CAP rate.Anyways, here in El Paso, Texas I can buy a multi family (8 unit or over) C- building with a CAP of 8% - 9%, Most investors settle for that, but my value play strategy is, I come in and rehab the units, add individual water meters and charge it back to the tenants, sign 12 months leases, raise rents, swap washing machines for coin-operated machines, you get the idea, anything that helps me reduce the expenses.
Rob Padilla
Guru's, Sean Terry's Flip2Freedom and the people who hate them
4 February 2023 | 80 replies
Fortunately, I am not heading into bankruptcy, but stupidly thought I would actually learn enough to get started on my way to being a "F---g Money making Machine!"
Brian Orr
New fourplex owner questions (utilities, rent, etc...)
10 November 2018 | 41 replies
I would tell them I understood, but there is no way to prove how much each person or family uses, so if you see someone washing there clothes everyday or their cars, or they have guests over using the washing machines then let me know and I will address the issue with them.
Brandon Brooks
Making offers as an agent.
29 July 2020 | 9 replies
I called on it initially to see if they would be interested in working with a Realtor®.
George Sabino
New Member from Chi-Town!
23 November 2015 | 21 replies
Tellers are being replaced by advanced ATM machines at Chase.
Kay Ferdous
Question for flippers..Frozen house
3 January 2018 | 2 replies
If it's a hard freeze like we've had here upstate you can write off the plumbing & HW tank.If it has a dishwasher or washing machine the respective pumps are probably shot.If it has a Boiler there's a good chance that it & any ancillary piping is also damaged.
Jasmine Flores
Newbie
20 November 2015 | 10 replies
As @James Miller pointed out, the Rich Dad programs and seminars are nothing more than a marketing machine designed to sucker people out of money, as are most guru programs.
Paul Lopez
New Member, Plano TX
4 July 2014 | 8 replies
I own two single condos, which aren't that much work and pay themselves with some left over, but are certainly not a large cash-making-machine like a multi-family or apartment unit.
Brandon Turner
Have you done THIS yet today?
8 September 2013 | 4 replies
In this episode, we covered:The “crap jobs” that led to Anson’s real estate investing careerHow Anson partnered on his first deal without doing any laborFinding great deals on the MLSHow Anson finds the best neighborhoods to invest inHow to wholesale virtuallyWhat to do if you don’t have direct MLS accessUsing the “Short Sale Time Machine” to build equityHow to get around the “non assignment” clause when wholesaling bank reposMistakes made by Anson when getting startedAnd much more… So come check it out!
Account Closed
Anyone have an iTouch iPod from Apple?
8 November 2007 | 4 replies
I'm interested in the machine for internet use.