Jeremy Keeler
Neighborhood Scout WTH?
18 May 2020 | 11 replies
@Jeremy Keeler the data on Neighborhood Scout is about as comprehensive as I’ve ever seen.
Sam Kwak
What the Gurus aren't telling you about Cashflow....
23 November 2018 | 21 replies
Here is my list of comprehensive items to account for when evaluating an investment: 1) Mortgage2) Mortgage insurance (PMI or MIP) or FHA Risk base3) Property Taxes4) City Taxes5) HOA (Home Owner’s Association) Dues and Fees and Assessments6) Insurance Property Hazard InsuranceFlood InsuranceEarthquake InsuranceUmbrella Insurance7) Vacancy Rate (usually 8% - the equivalent to one month a year, or 5-6% if multifamily and/or if experienced, if not use 8%)8) Utilities (you’ll have some or all of these if your tenant is not covering them and/or during vacancy) Water § Sewer § GarbageElectricityNatural GasPropane9) General Maintenance (usually 5%) Upkeep § LandscapingSnow removalRepairsNew Appliances10) Capital Expenditures (usually 5%, higher is the property is old and obsolete, less if fully rehabbed and all mechanicals and roof are new)11) Property Management (8%, even if you self manage, your time still has value and there might be a time when you'll want to be completely hands off or you'll not be able to do it, vacation, retirement, etc.)
Juan Rubio
Is MLS comping only correct?
19 November 2017 | 5 replies
Let me rephrase the question; what is the most comprehensive source for all real estate transactions?
Kaleb Wright
What advice can you give some one brand new. I mean brand new!
6 September 2019 | 10 replies
Attorneys have comprehensive knowledge of both federal and state legislation associated with real estate law.
James Edwards
PENFED Heloc Reviews
18 June 2023 | 38 replies
Only a primary HELOC, which was awfully thorough, comprehensive, a bit long.
Zachary Blomberg
Tardus Rate of Return Question
15 September 2022 | 9 replies
You use your own personal cash flow + the income produced from the investments to pay down the leverage in a matter of months and then reinvest it again and again creating a "snowball" of income.There's a pretty comprehensive video on the website (The Income Snowball Video) that goes over it or feel free to google the patent!
Jonah Stavsky
Landlord or Tenant - who pays?
2 February 2023 | 23 replies
This has been a brief overview of Real Estate charges such as trip fees - always do your own research and talk to a Real Estate professional if you have any questions.
Andreas Riha
Renting a property and screening tenants
5 February 2013 | 6 replies
Andreas Riha - We put together a very comprehensive guide on tenant screening which I think you'll find helpful: Tenant Screening: The Ultimate GuideTake a look and let us know what other questions you might have.
Iverem Rose
Wholesaling Multi-family properties
22 November 2015 | 5 replies
They just want a quick overview of the property, and if they are interested they will usually have their own people look into greater detail.To get net operating income, you should use bank underwriting standards on a per unit basis.Hope this helps.
Ken Latchers
Fannie Mae 3MaxExpress Product Overview
2 May 2012 | 0 replies
I searched on the Subject title on BP, without results.
Specifically, Fannie Mae MultiFamily loan programs. For example, this bank: http://www.commercialbanc.com/fannie-mae-products.html
Is anyone familiar with (or...