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29 July 2024 | 21 replies
Not only is the return not there, if you don’t pay cash for the system you can kill the sale of your property.
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27 July 2024 | 0 replies
Purchase price: $240,000 Cash invested: $180,000 Sale price: $789,000 3 Story Victorian build in 1900
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27 July 2024 | 14 replies
My policy is based on the goal of collecting enough to cover a typical amount of pet damage over a 1 year lease.
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26 July 2024 | 1 reply
I assumed compliance never communicated with the sales rep. and saw the large transaction amount done wrong the first time, and decided to block me EVEN though it was done exactly how they requested the second time.
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24 July 2024 | 11 replies
We can't setup auto-pay because that wouldn't be able to withdrawl the correct amounts from each LLC bank account.
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24 July 2024 | 4 replies
So, you could purchase it in cash or maybe with a $20-25k down payment.
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27 July 2024 | 1 reply
Purchase price: $160 Cash invested: $108 Sale price: $355,000 Vintage 1900 2 Story 1650 Square FT Complete stud to stud restoration What made you interested in investing in this type of deal?
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24 July 2024 | 1 reply
High paying local jobs.Monthly cash flow: $306 /moIncome: $2,250 /moExpenses: $1,943 /moCoC ROI: 2.69%5-year annualized return 4.91% Mortgage payment $1,394.53Rental income: $2,250/mo Expenses: $1,943Loan detailsTotal cash needed $136,739Purchase price$ 336,990Loan amount $206,990Loan term 30 yearsInterest rate 7.1%Monthly expense breakdownTotal expenses $1,943Mortgage $1,395Taxes $280Insurance $47Variable expenses $180Fixed expenses $42Monthly Fixed expenses: $42 electricity $0gas $0water & sewer $0hoa fees $42garbage$ 0Other$ 0Monthly Variable expenses $180Vacancy $180Maintenance $0 (new construction)CapEx $0 (new construction)Management fees $0 (self manage)ReturnsNOI$ 20,412CoC ROI 2.69%Pro forma cap 6.06%Purchase cap 6.06%
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25 July 2024 | 7 replies
Does that even matter, or should I charge the full amount for the painting/patching?
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26 July 2024 | 9 replies
Sounds like you already have a good amount of experience