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17 May 2017 | 76 replies
Here are some more:- What is included in rent (are you paying utilities and yard care or is the tenant)- Vacancy rate (Is the area desirable and tenant base stable or are you going to be re-renting every six months)- Age and condition of property which affects capex (are all the mechanicals new or are you facing major expense like a roof or furnace)- Expected appreciation (will you be able to sell it quick for a profit in 10 years or will you have trouble giving it away, which is a real problem in some areas)- Financing terms (owner financing or bank, money down required, interest rate)- General class of the property (in general C or D class tenants are way harder on a property and invite more problems than A or B class, which affects your operating expenses)
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19 September 2015 | 3 replies
Previously to this I was a Mixed Martial Arts (MMA) instructor and fighter, but decided to change courses at the young age of 22.
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6 September 2015 | 6 replies
Being "near" in the sense of being in the same town is really important as parents age, but a little distance can be important for your mental health.
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10 September 2015 | 22 replies
of course, repairs may eat away at that margin, so depending on the age of the building, you need to factor in a minimum of 5% for maintenance and 5% for capex. 10% across both may be reasonable for the first 3-5 years if it needs new things like kitchens and baths to be refreshed.The point is, nobody will be able to give a definite answer because there are so many properties and so many different markets in Boston.
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15 September 2015 | 17 replies
This decreases the AU's credit utilization and shows an aged card.
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8 October 2015 | 18 replies
Here are few items that I sometimes get confused about:Age: 0-10 - "A", 11-20 - "B", 21+ - "C" - this is a general rule for a generic apartment complex in a suburban area and does not apply to places like SF or NY where location trumps age.
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29 October 2016 | 67 replies
He's very clear that he tells people to do what he would and does personally do.He got wiped out....he was a multi millionaire by age 26 via leveraged RE....then lost everything, went bankrupt, nearly lost his marriage and was borderline suicidal.
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17 March 2015 | 9 replies
if you narrow it down by age of home it may be a bit easier to find.
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8 October 2019 | 10 replies
I’ll check the case and follow up with questions if they come up... particularly based on aged liens and the # of yrs investors can/should pay on the lien.