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Results (10,000+)
Mark Torrefiel Recommendation for software
14 August 2024 | 12 replies
You can use Azibo for free and it does everything you need for right now.
Jerome Kaidor Where to Advertise?
12 August 2024 | 2 replies
I don't think it costs anything to list on zillow. 
Enrique Metauten Section 8, Does Section8 pay you to rehab the property and then rent it out?
14 August 2024 | 5 replies
I've seen post online that say that Section 8 will help you with the cost to remodel a home if you then place it on the Section 8 program.
Selina Giarla What are your most helpful tax strategies? Can I create a business to self manage?
13 August 2024 | 11 replies
I've just had a conversation yesterday with a client of mine to add cost segregation to her sax strategy.
Brandon Bell Lots of equity and cash flow...what should I do?
12 August 2024 | 8 replies
But I have been looking into splitting the duplex into two condos (yes I know it is a lot of work) and I could probably get 325-350k for each, netting me 650-700k.Number:* Mortgage interest 2.5%* Mortgage principle 240k* PITI $2100/month* Rent 2200/month (current tenant on a two year lease)* Potential rent on my side $2400/month * 100k HELOC at 11% (fixed) (not currently being used)* est additional cost to split the dueplex 75-100k (conservative, probably less)     *new siding 30k (just put on a new roof this year)     *legal 10-15k     *fire proofing 15k     * 15-40k for stuff I am not aware of or underestimated on* some of the appreciation is external from the home     *big grocery store put in 3min away     * newly paved road in front of my house     *a building that was falling down across the street has been torn down          * Still a vacant lot with the foundation exposed and fencing around it (so more local improvements are on the way)Part of me wants to take the money and run but man I love that 2.5% interest rate and the $2000/month cash flow (including taxes and capx)I have thought about 1031 exchanging into more rentals, but I would like to pivot into storage units.
Daniel Kalam How to Split Utilities in a Triplex
14 August 2024 | 6 replies
I like this idea for it gives me peace of mind but it has a heavy up front cost.
Kar Sun Clauses in a contract
14 August 2024 | 12 replies
I suggest you suck it up and cover these costs and just build these costs into the rent. 
Carlo D. How much is bookeeping usually?
15 August 2024 | 17 replies
For example if you have 10 different bank accounts with 6 different loans than it would cost more than a business with 4 bank accounts and no loans.
Samuel Coronado Developing a new mobile home park- Help
12 August 2024 | 6 replies
But per lot it will cost roughly the following:$1,500 Electrical poles, meter installation $2,000 water taps and connections$5,000 grading and land prep$8,000 septic installation (assuming a 1:1 ratio of homes to 1000 gallon septics)$5,000 down payment on each home ($700-750 / thereafter per unit)$21,500 total set up x 17 = $365,000Ongoing expenses after development would look something this for POH model: $12,750 a month in mobile home mortgages (17 x 750 for PITI on each unit) $1,900 a month in land mortgage PITI (house) $3,000 a month landscaping$2,000 a month in reserve emergency fund$2,200 management$21,850 a month total expenses $262,200‬/yearOngoing incomes after development would look something this for POH model:$27,000/month ($1500 x 18 {17 mobile homes plus house})$324,000/year324k-262,2k = 61,800 net pre-tax profit or $5,150/month.Opportunities to reduce start up expenses: Bulk deals with the government or contractors for doing all the work at once (electrical, water, land grading, septic) Trade free rent for someone to mow and landscape (turning a $3k event into a $650 event every month).
Kenneth Lewis Orlando Real Estate Investing Meetups or Investors???
14 August 2024 | 3 replies
I can get you a free guest pass, just DM me.