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19 November 2018 | 11 replies
So Im an Electrical Journeymen in Colorado and have been working 50 to 75 hours a week at the same place for 12 years.
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20 November 2018 | 9 replies
I am also currently working on networking and finding the right people on my team especially when it comes down to contractors, property management company, etc.
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15 August 2018 | 4 replies
Do I contact the owner and have the them reach out to a contractor for an estimate?
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6 September 2018 | 13 replies
If I have a 14 day inspection period contingency in my contract with my seller, Do I give my buyer a new 14 days to inspect once he signs the assignment contract? Or
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28 August 2018 | 3 replies
I have just bought a property in Memphis TN and I was hoping to find a good contractor (38111) in the area.
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13 August 2018 | 4 replies
Income Evaluation No of Units Unit Rate Income 2 Bedroom Unit A 1 650.00 650.00 2 Bedroom Unit A 1 650.00 650.00 2 Bedroom Units A 1 650.00 650.00 2 Bedroom Units B 1 650.00 650.00 2 Bedroom Units 1 - - 3 Bedroom Units B 0 - - Garage Units 0 - - - Storage Units 0 - - Laundry Units 0 - - Comm Units 0 - - Comm Units 0 - - Comm Units 0 - - Total Monthly Income 5 2,600.00 Total Annual Gross 31,200.00 Total Annual Cost / EBIDTA 9,911.86 Net Cash Flow (Annual) 21,288.14 Net ROI 42.39% Monthly Cost of Operation By Landlord By Tenent Monthly Annually Monthly Taxes x 137.50 1,650.00 (From Historical Data) Montly Space Rent (MHP) - - N/A Monthly Insurance x 100.00 1,200.00 Calc'd Monthly HOA - - Posted Monthly Water/Sewer X 320.00 3,840.00 Estimated Monthly Garbage X 160.00 1,920.00 Estimated Monthly Electrical X - - Tennant Monthly Heat/Gaas X - - Tennant Monthly Other Utes x - - N/A Monthly Yard Maint x 20.00 240.00 Estimated Monthly Maint - Op Ex x 260.00 3,120.00 Calc'd - 10% Cap Ex x 260.00 3,120.00 Calc'd - 10% Monthly Vacancy x 182.00 2,184.00 Calc'd - 7% Screening/Tennant Management x 20.00 240.00 Estimated Monthly Management x - - At Risk - Self Manage MONTHLY OP EXP 1,459.50 Total Annual Expenses 17,514.00 Total annual Debt Service 8,452.36 Net Operating Income NOI 13,686.00 Net Income 5,233.64 ROI % 10.42% Low/Average CAP Rate (Net Income/Purchase) 2.92% Extremely Low Cash Flow per Door 109.03 Very Low Tax Assessment Estimated Expenses - 50% Rule 159.50 Conservative Banked Amount - CAP Ex, Repairs, Vacancy 8,424.00
14 August 2018 | 1 reply
Hello everyone,I am currently working on a project in Melrose Park, IL.Do you guys know any reliable contractors who can help me in fixing the house ?
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27 September 2018 | 5 replies
I have a contractor who might be interested in investing or partnering in some capacity... contributing 20k toward the down payment and about 25k in repairs for a total of 45k upfront.
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1 September 2018 | 2 replies
My goal is to learn about rehab cost, tracking finances, working with contractors and such.
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15 August 2018 | 2 replies
Hey, does anyone have recommendations for contractors in Springfield?