
31 July 2018 | 7 replies
The tariffs that have been added so far pale in comparison to overall GDP.
5 July 2018 | 1 reply
Driving for dollars and ads are the only ways that I know of for finding them are there any others?

6 July 2018 | 15 replies
What I'm taking out of this post is that I'm going to review my rental insurance home policy and look into adding an umbrella to the existing policy.

6 July 2018 | 3 replies
If there were defects, and the occupant brings them up, you should be added to the suit as current titleholder.

8 July 2018 | 13 replies
Now you have to weigh how long it will take him, vs waiting for someone else to be able to get there and finish it, then factor in the added cost of the new crew vs what you're losing in revenue waiting for him and see which one works out better financially.
12 July 2018 | 10 replies
If it's topped then getting out yesterday is the call.But there's an added element in your desire for your son.

8 July 2018 | 9 replies
I hadn't thought of that, and I wouldn't expect it, but it's a good point to note and perhaps worthy of adding a clause into the agreement/proposal regarding the investors' roles and abilities to influence decisions.

17 July 2018 | 22 replies
I inquired about mobile vs modular to learn about depreciation on posts on BP, google searches, 2 local builders, and a reputable CPA that handles real estate investments for some clients.

13 July 2018 | 3 replies
Details in MLSUnits: 6Taxes: $5874 (annual)Gross Income: $48,600 ($675 per month)Net Operating Income $38,838Total Expenses: $9762Vacancy Rate: 5%Asking Price: $449KOwner pays Trash & Water______________________________________________________________Based on the expenses I am assuming that the property management is completed by the owner and that they are including ~$4K a year in insurance.I ran the numbers in my own Deal Analyzer and I added:5% of Effective Gross Income as Maintenance Expense 10% of Effective Gross Income as Property Management ExpenseBumped the vacancy rate from 5% to 10%Insurance: $3000 (annual $500 per door)Water: $3240 ($45 per door - typical in city)Trash: $1,800 ($25 per door - complete guess)$12K for improvements ($2k per door)20 year note @ 5% with 20% down (assuming full asking price)2% Closing costs______________________________________________________________My numbers show a Cap Rate of 5.7%, cash on cash return of -5.12% and -$1,668 of annual cash flow.