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Results (10,000+)
Justin R. Lending on property held in trust
15 June 2018 | 4 replies
In that case you might need to find a different lender or send them the trust for review, if your trust attorney is good they should be able to provide support services for free and give the bank a call to explain the situation.
Gary Dezoysa Realistic timeframe to get to $1,000/month starting with $5,000
25 June 2018 | 11 replies
@Gary Clisele Also you will be paying servicing fees every month on every note you own that is boarded with a servicing company.
Jeff Markowski Step by Step process for repossessing a Mobile Home in California
28 July 2018 | 3 replies
They may be able to refer legal counseling services for this niche.
Ayne C. Tampa area... How do I run comps forulti family?
3 July 2018 | 8 replies
You can utilize a service such as IMAPP to pull comps, but if you don't have a subscription it could be costly..
John Smith Need suggestions for collecting rent online
26 June 2018 | 5 replies
I've searched biggerpockets and i HAVE found some suggested online payment options but they all come with a suite of services i dont need.
Tom Smith If you rent a room in Houston, TX can you change locks and not
17 June 2018 | 5 replies
Keypad locks with changeable access codes, cameras over the doors outside side, hooked to a dvr with internet access protects everybody involved.
Muhammed Sakatan Rental Property Cleaners
15 June 2018 | 0 replies
I wanted to reach out to folks that have rental properties around the Houston area and offer cleaning services for Airbnb/ move in/ move out cleaning.
Derrick Gordon New Investor in Atlanta looking for Contractors
27 June 2018 | 9 replies
Derrick and Daniel, my General Contractor company, Property Pro Services, LLC could provide you with investor repair, renovation and remodeling services
Kurt Mace Hard money lenders for Buy and Hold properties
18 June 2018 | 4 replies
Typically you will want to work with a direct to FNMA lender that doesn't have any overlays, but smaller community banks or credit unions that service their own loans could work as well. 
Douglas Delgado Condo Numbers For Houston
23 September 2019 | 1 reply
Total Insurance Estimate $ 262.50 Current rent $ 800.00 $ 9,600.00 $ 10.40       $ 21.88 Less: vacancy allowance - 10% $ 40.00 $ 480.00         Net Rental Income $ 760.00 $ 9,120.00   Property Taxes 2.5264% $ 505.28 Plus: Other Income $ - $ -         Total Income $ 760.00 $ 9,120.00 $ 9.88                 EXPENSES         Property Management $ - $ -         Repairs & Maintenance $ 100.00 $ 1,200.00         HOA $ 250.00 $ 3,000.00         Advertising & Legal         Insurance $ 167.00 $ 2,004.00 $ 2.17         Total Expenses $ 517.00 $ 6,204.00 $ 6.72                 Net Operating Income (NOI) $ 243.00 $ 2,916.00                 Less Debt Service (PI) $155.06 $ 1,860.72 $ 2.02         Less Property Taxes $ 42.11 $ -                 Net Cashflow $ 45.83 $ 1,055.28                 Operating Expense Ratio 68.0% (Total Expenses/Total Income)               MORTGAGE INFO         Total Loan Amount $ 20,000         Type of Loan Seller Financed         Term (Months) 240         Interest Rate .07         Down Payment $ 2,000 10.00%         Monthly Payment (PITI) $155.06                 Purchase Price $ 75,000         Closing costs $ 3,000         Rehab $ 7,000         Total initial investment $ 85,000                 LTV 27% Loan Amount/Purchase Price         Cap Rate 4% Annual NOI/Price         Cash-on-Cash Return 146% Annual before-tax cash flow (i.e., NOI)/Down payment