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25 May 2012 | 17 replies
The property is a 4plex with four 1/1 units in a nice neighborhood filled with SFR.Asking price: $120,000.Disclosed Operating expenses: - $80/month for landscaping.- Tenants pay water/sewer/cable/phone/garbage/electricityReserves I Calculate:- 6% for vacancy. ($96 per month)- 6% for repairs. ($96 per month)Estimated property taxes: $1,462/yr.Estimated insurance: $1,482/yr.Lending Terms:25% down payment = $30,000.$90,000 @ 4% over 30 years = $429.67/mo.Each unit currently rented at $400/mo.
20 May 2012 | 6 replies
The realtor is telling me theres a good chance the neighborhood will go up.
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27 May 2012 | 28 replies
I was going to ask you are your rentals in lower-middle income areas where rents go from $650-$850 or are your properties in the middle class neighborhood where there are many homeowners?
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18 August 2018 | 105 replies
Often if you drive by a group home it may have a privacy fencey, very small signage if any at all, maybe a larger driveway and a ramp, small details that really don't stand out from other properties in the area, that keeps neighbors from feeling like there is a nursing home in the neighborhood.
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1 November 2013 | 29 replies
And I slowed down my real estate investing to go full out with my web design & seo company...So to answer your question about getting ranked and generating leads to your website...
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10 March 2017 | 8 replies
Anywhere there are SFR's and neighborhoods; Brooklyn, Bronx, Long Island and especially in other cities in the state...
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17 June 2012 | 11 replies
I have to play with the numbers based on the history of reo/ss closings in the neighborhood and how many are currently listed, blah, blah blah.Its not rocket science, just math.
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3 March 2013 | 23 replies
Personally I would not invest without understanding the dynamics of the neighborhood I was putting my money into.
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22 May 2012 | 4 replies
How would you rank (best to worst) the following methods for bringing in GOOD tenant prospects?
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22 May 2012 | 5 replies
Sounds like this is not in your neighborhood, you might get another manager and have them assist you in this matter, they could pick up such files and any lien waivers and take immediate management for you.