5 June 2018 | 13 replies
Very few people know how to get rid of bed bugs, roaches, etc.
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8 June 2018 | 6 replies
See the 3 things after the financials Purchase price: $390,000 I can get financing at 25% down, 5.5% amortized 25 years Per seller: 90% occupancy or higher since they owned in 2002 8 - 1 bed/1 bath at $550 per month 6 - 2 bed/1 bath at $650 per month *One of the 1 bed/1 bath has an onsite manager/handyman living for free so there is no property mgmt costs in the expenses* Owner pays water and trash 2017: Total Operating Income: $79,989.50 Expenses: - Lawn Maintenance: $1,800 - Water: $6,816 - Trash Collection: $1,740 - Pest Control: $820 - Supplies: $4,280 - Repairs: $9,852 - Insurance: $4,153 - Property Taxes: $10,515 Total Expenses: $39,976.82 NOI: $40,012.68 2016: Total Operating Income: $83,154 Expenses: - Lawn Maintenance: $1,800 - Water: $5,820 - Trash Collection: $1,680 - Pest Control: $604 - Supplies: $6,639 - Repairs: $9,910 - Insurance: $4,153 - Property Taxes: $10,521 Total Expenses: $41,127 NOI: $42,027 So if I’m all in at $115k (down payment + closing costs), assuming 40k NOI, i’m looking at 16.4% cash on cash with one unit vacant at current rents (without anything set aside for capex however) WHAT WORRIES ME: 1) No washer/dryer connections AND no laundry facility on site (would have to build a new building and run new plumbing to add one).
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29 June 2018 | 17 replies
I found a duplex in Scranton PA its 1930's 6 beds/2bath per side in a decent neighborhood close to schools hospitals ect and it listed for $139,000 I can get him to around $120,000.
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28 February 2020 | 15 replies
I'm hoping to tap into the wealth of information provided by you fine folks.A little bit of background on me: My husband and I currently rent a 1 bed 1 bath ADU in the San Fernando Valley, we pay $1700/mo including all utilities.
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13 July 2018 | 3 replies
.- Unit 1- 4 bed 1.5 bath rents $700-Unit 2- 4 bed 1.5 bath (remodeled) rents $925Unit 3- 2 bed 1 bath rents $595This property is owned and not currently financed.
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10 July 2018 | 6 replies
Like Marco said, why not take the 1 bed for yourself, and rent the lower to your friends.
22 August 2018 | 13 replies
These are typically builders grade homes with 2-3 beds and 1-2 baths.I am looking to start turnkey to dip my feet into a market, but eventually would like to get a team started in a targeted city.
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25 August 2018 | 29 replies
I really wanted to do miracle morning, but literally cant make myself get out of bed...Feel like I have to stay up late in order to finish everything, so I go to bed at 2 am, wake up at 730...
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3 September 2018 | 79 replies
Would be nice if employers promoted self directed options but of course the Human Resources departments are in bed with the financial institutions that sell funds .It would be cool to see employees getting together and funding local projects something similar to syndication or crowdfunding .
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6 August 2018 | 12 replies
One important thing to consider though is that not all criteria are actually "filterable" (if that's a word).I can filter on all the usual things like # of beds, baths, garage spaces and dozens more.