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Results (10,000+)
Frisco Hanley Is NACA a viable solution to buying an investment property?
19 March 2018 | 5 replies
I'm also a grad student so my financial situation is not actually the best and I'am currently enrolled in a credit repair program (hopefully that helps with potential loans if need be) so I was thinking that maybe NACA would be a great start to purchase a multi family to house-hack and product passive income.
Travis White Taking over an eviction
27 March 2018 | 6 replies
Just as if the landlord is in default at closing (by let's saynot completing a repair in a timely manner) , the new owner is now in default as wellThe new owner can initiate the eviction process immediately.
Eli Kalen Buying with all cash?????
17 April 2018 | 8 replies
. $2,500.00 MONTHLY INCOME$1,739.50 MONTHLY EXPENSES$760.50 MONTHLY CASH FLOW2.41% PRO FORMA CAP RATE$9,126.00  NOI$295,800.00 TOTAL CASH NEEDED3.09% CASH ON CASH ROI4.56% PURCHASE CAP RATEAfter Repair Value $379,000.00I will Sell the Property in year 3-5 years with a $92k-$139k in profit. 
Tony Schreiner My 9 Step Wholesale Plan
19 March 2018 | 7 replies
VERY IMPORTANT: you must get familiar with repair estimates.
Stone Teran Advertising to seniors
22 March 2018 | 4 replies
You could also focus on the great financial advantages of renting/down-sizing (travel more, no more yard to care for/repairs, buy an RV, visit family more)Host a senior-focused event at your facility (maybe show an uncut version of Woodstock haha) or live music, a Social Security expert speaker or Doctor to address health issues, a fund-raiser, art show, etc. and hand out flyers with a special "one month free" coupon attached Have exercise classes for seniorsWeekly bingo nightsPromote your events for free on community calendars, newspapers, seniors sections of papersPrint door hangers and get some kids to hang the door hangers at trailer parks, older communitiesEncourage your current tenants to invite friendsRent a 15-passenger bus ($50) and offer free transportation to key eventsSponsor events at senior centers in the areaCo-Sponsor service club (Rotary, Kiwanis, etc who have many senior members) eventsPut up banners and balloons when you have eventsI hope at least a few of those ideas might spark some interest.
Luke Respondek Please help me analyze.
22 March 2018 | 2 replies
Given that you'll likely have sub-par tenants, I would budget a higher amount to account for evictions, late payments, tenants just skipping town, etc.What do you anticipate your maintenance/repair expense will be?
Josiah Stacy Help me make this a deal!!!
21 March 2018 | 5 replies
The property is not in need of any major repairs
Ian Hamrick How to use the rental property calculator
19 March 2018 | 2 replies
Also, it's not necessary that every box be filled, for example, if there's no repairs upon purchase, you'd leave it blank.
Mathew Scott 100% Financing using a HELOC
19 March 2018 | 3 replies
If the calculations you are using have high rents and low repairs etc.. your monthly cashflow could be a lot more negative then you want it to be.
Zack Ak a question on a deal
20 March 2018 | 3 replies
Hi i am working on an offer the house is 3 familyasking price is $250K   repairs will be 100kcap rate similar homes 7-8%.. according to my calculation i came up with 10%the rent as the sales agent says per unit $1800-2000C classi intend to go with hard money lender...at 65% of ARV.. -100k repairs The sales agent said, the ARV would be 400k for this particular home... some comparison homes are alittle higher 450 to 550what do you suggest the offer on this property should be?