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Results (10,000+)
Travis Russell Multi-Units with Building Code Violations?
13 March 2014 | 18 replies
Sometimes I deal with it, sometimes my end buyers deal with it.
Eldar M. Best real estate investing field for beginners
11 February 2014 | 5 replies
What kind of property is ideal for beginners with a full time job ?
Josiah Halverson Is it reasonable to have multiple agents find deals at the same time?
11 February 2014 | 15 replies
As an investors agent my goal is volume, assuming we work well together and the first deal is truly a deal, the ideal is that you WILL return.
Michael Lerch Setting option purchase price above appraisal?
11 February 2014 | 12 replies
Yes, when forced to resort to such arrangements, it's not ideal long term.
Prince Conley Wholesaling Bank Owned Properties
15 February 2014 | 7 replies
To do that, you will likely not be able to assign them because they are REO I deals and likely prohibited via the purchase contract verbiage, so you must lock them up in the name of a new entity or a trust and then sell the entity or the beneficial interest in the trust.
Account Closed 4-Plex Deal Analysis in IL
11 February 2014 | 5 replies
It looks good to me, but nothing gets by the Deal Analysis Forum.Here are the details:Asking Price: $230,000 (I ran my numbers on $220,000)Units: (4) 2 bed / 1 bath, rent for $700 eachBuilt 1966Tenants pay utilitiesIncome: $700 x 4 = $2800 / month or $33,600 / year Expenses (per month): Insurance: $66Taxes: $346Vacancy: $280 (10%) Management: $280 (10%) Misc repairs/Long term capital expenses: $428^ I just took 50% gross rents and subtracted all other expensesNOI: $1400/month = $16,800/yearFinancing:$220,000, 20% down = $44,000Loan of $176,000 at 5% interest = $944 monthly payment Cash flow of $1400 – 944 = $456 or $114 / doorOR (if I Owner Occupy)FHA 3.5% down = $11,000Loan of $209,000 at 3.5% = $1,012 monthly payment NOI of $700 (since I will be occupying one unit) means cash flow of -$459 (assumed $147 of PMI added)This property is in an ideal location - great neighborhood, proximity to schools, park, and community rec center.
Ryan Scritchlow Web sites used to reduce time investment in rentals, do they work?
8 January 2015 | 44 replies
However, for some landlords and some tenants, this set up could be ideal, barring any unforeseen problems on either end.
John Horner Quitting never crossed my mind...
3 January 2015 | 1 reply
I am not bragging or stroking my own ego here, but I see so many forum posts of people who had a bad experience and talk about how they wanted to quit, or asking people if they should quit.To be honest, quitting has never crossed my mind.  
Michael Hartman Cliché Intro Post
16 January 2015 | 10 replies
Ideally I want to find a seasoned vet that needs a hand with some of their legwork in exchange for some advice!
Ben Whaley Oklahoma City House flip - first timers
12 June 2017 | 29 replies
@Cecilia Cobar  Let me know where you guys are looking for properties, and what's your ideal property.