Jose Tamayo Jr
Good Opportunity but not Money to start investing?
27 April 2015 | 20 replies
Of course I want to pass my RE Test and get my license...Eventually en up as a full time REI...This is as much as I have for my business plan "please don't laugh" this may be brad and yet not fine tuned but its a start for me and a great dream of mine.
Blake Reynolds
First Direct Mail Campaign in Twin Cities MN
24 April 2015 | 7 replies
This way you can split test your marketing to see what works better.
Joseph Adelmann
Home Inspection Repairs
20 April 2015 | 3 replies
I tested our properties for lead-based paint and found some in the 1925 and 1941 houses, but not in our two 1950s houses, 1964 & 1967 duplexes, or 1976 8-plex.
Travis Hamilton
Direct Mail - 1st 500 Letters Started Hitting Today
28 February 2018 | 19 replies
We'd just have to test is and see whether it takes away from the simple, straight-forward and personal feel that this mailer has.
Jess Nino
20 SUMthing Landlord, Because Work is Overrate
26 April 2015 | 0 replies
Hello everyone I an so lucky to have found this site I finally made the choice yo jump in after years of being on the sidelines for wait seems like forever I wanted to really introduce myself I live in santa cruz ca iam deciding this week if I finally get my reality license I went to school in NY back in 07 but I failed the test ..
Wendy Black
What to Do with Old, Inherited, Occupied Mobile Homes
28 April 2015 | 10 replies
But the numbers are what they are; homes are not worth anything at this point except to a niche investor who wants to get some cash flow.Do some test ads at various prices and see what response you get.
Slater Grimes
21 n Ambitious Investor from Orange County
27 April 2015 | 2 replies
I am scheduled to take my final RE test for my CALbre sales license with a "theory" that I can use the license to work my way into partnerships by offering my commissions up, considering all I want to do is learn by doing at first without trying to make or lose money.
Roig V.
Apartment Deal
28 April 2015 | 8 replies
.: $16,450Marketing/Promotion: $1,431Trash: $1,961Supplies: $1,579Water Testing: $3,177Misc: $350Total Expenses: $53,370NOI: $53,555Cap Rate: ~ 7.5%Cash on Cash: ~12% (based on 20% down and 30 year am at 5% - still finalizing loan terms so subject to change)DSCR: 1.46x50% Rule ($/unit/mo): $117.171% Rule: 1.31%GRM: 6.36Debt Yield: 9.55% (based on 20% down)Property is in overall good condition but could use some upgrading.
Brian Huber
Is it safe to remove the financing contingency from contract if there's still an inspection contingency?
29 April 2015 | 10 replies
Because a partner's approval can not be unreasonably denied, not a good tactic if you get sued and everything in a contract needs to be first class, needs to hold up in front of a judge, otherwise, why have good contracts.The financing contingency is the strongest one you have, it is customary, it's been tested in courts, it allows a lender to say no for many reasons, if it has a bad inspection it needs to be fixed or they don't lend!