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2 September 2018 | 2 replies
LLC, in general, will provide you with the asset protection if you follow the state required statue to operate the LLCs.
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5 September 2018 | 3 replies
The operating costs seem high to me, and I am not sure what operating expenses are necessary when you pay a HOA fee.
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8 November 2018 | 11 replies
I can improve the operations of the property to increase value.
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4 September 2018 | 80 replies
Being a Realtor and a Property Manager for over 30 years, and the need for the internet we all have, but if your TENANT is having problems with her accessibility to Netflix, this is not your problem as a landlord, you have provided the service and have made sure that the service works on multiple occasions, if she needs something else stronger then I would suggest you let her and her helicopter father know that you have complied with the lease and if they feel the need for additional technology to access what she needs then they can call the Geek Squad and get a booster.
31 October 2018 | 9 replies
.$145,000PURCHASE PRICEPurchase Closing Costs$2,000.00Estimated Repairs$20,000.00Total Project Cost$167,000.00After Repair Value$170,000.00Down Payment$7,250.00Loan Amount$141,882.50Loan Points$4,132.50Amortized Over30 yearsLoan Interest Rate5.400%Monthly P&I$796.71Total Cash Needed$29,250.00Monthly income:Rent:$3,500.00Other:$0.00Total operating expenses:Mortgage expenses:Vacancy:$350.00Repairs:$350.00CapEx:$350.00PMI:$40.00Garbage:$20.00Insurance:$56.00Management:$350.00P&I:$796.71Property Taxes:Total Monthly Income:$3,500.00x50% for Expenses:$1,750.00Monthly Payment/Interest Payment:$796.71Total Monthly Cashflow using 50% Rule:$953.29I made conservative estimates on everything.
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6 September 2018 | 14 replies
I’ve truly enjoyed my career in tech (sales & operations) however, I want to apply my sales skillset face-to-face (my strength) instead of over the phone.
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5 September 2018 | 10 replies
As the general partner/operator, you can make your money through fees and sweat equity.
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1 October 2018 | 8 replies
Eddy from Lutz Fl,new to BP.Looking to investing in real estate ,buy and hold mindset,positive cash flow and looking for a great deal of participation in the BP forum.Own and operate an assisted living facility 6 beds and looking 4ward to transitioning to real estate investing full time.
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18 September 2018 | 16 replies
If they're smaller operations and don't have this readily available, maybe you can get copies of their historical rent rolls and create it yourself.
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11 September 2018 | 3 replies
When you form a Partnership the best type keeps you in control and makes all Partners involvement and ownership variable.When you purchase them, at least 32 units will enable you to hire a Property Management Company and do the daily operations.