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29 January 2020 | 25 replies
And i was currently waiting to hear back from the city about just that...but i also found out from a lender that supposedly i cant get a construction loan for a multi family unit which is news to me...so i guess i have to look for a plan b which is single family home
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3 June 2021 | 8 replies
I only got one for my Victorian B&B and am sure it doubled my cost as my 7000sq ft building cost me $65,000 while the ski lodge 15 miles away that was 30,000sq ft that my friend had sprinkled cost $15,000.
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28 January 2020 | 0 replies
B) Replace it: dig up the entire pipe and replace it.
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5 February 2020 | 17 replies
Instead, what you could do is let them know that I am really good at doing A, B, and C.
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30 January 2020 | 8 replies
Pick a solid B-Class suburban area.
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7 February 2020 | 10 replies
Pick a solid B-Class suburban area.
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14 February 2020 | 20 replies
Applicant B: Applicant B is a couple with no dogs which I really like.
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13 February 2020 | 9 replies
Originally posted by @Michael B.
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29 January 2020 | 3 replies
Either single family homes or multi family (duplex/triplex) in C+/B- neighborhoods to buy and hold.
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2 February 2020 | 21 replies
Either or works Well just use this as a simple example 24 Unit apartment Complex ( B- or C + type property Purchase Price - 1,920,000 ( $80k Per Unit ) may be low in this market Down payment - 25% = $480,000 Rehab - $ 6,500 per Unit ( some units more than others ) = $ 156,000Common Rehab - Water Heater , laundry room if it has one , Paint of building , landscaping , windows , parking lot , roof ( 10k - 70k ) This ranges a lot depending on the property Closing cost - 20-30k tax - 7,000 / year insurance - 12,000 ( wind n hail , general , fire ) / per year Property Management ( 10 % ) = 2,160 / per month vacancy - 10 % = $ 2,160 per month Cap X ( fridge , window , curtains , doors , paint , roof , pavement ) - 1,080 / per month Landscaping - $ 800 per month simple repairs - $ 500 -900 per month common area electric - $ 300 per month Mortgage $ 7,500 ( 30 year amortization , 4.75 % rate ) Income - $900 per unit = $21,600 , this varies based on area .