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20 April 2022 | 8 replies
Makes sense Zachary, my concern is finding housing market/property appreciation estimates that are reliable enough (I understand nothing is perfect).
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23 April 2022 | 6 replies
Short term goals: Accumulate 200k in cash ASAP Long term goal: 15k cash flow Numbers:-Bought in October 2020; VA loan; 2.75% (2.94% APR); $6.5k in closing cost -Purchase Price: $685k; after funding fee total loan: $701k; currently outstanding loan: $679k-Since then, increased total rent from $4,200 to $5,160-Operating expense: $1,650 (using $200 for routine repairs/maintenance cost)-NOI: $3,312 (using 4% for vacancy)-Mortgage (P+I): $2,861; Total mortgage payment: $3,505-Total monthly expenses: $4,967 (using 5% for cap ex…which is conservative as opposed to 10%)-Monthly cash flow: $193-Annual cash flow: $2,313Reasons to hold: -It is a stable, generally stress-free property. 3 of 4 units have been great long term tenants-Low interest rate at 2.75%-It is in a reliable area that will steadily appreciate -I don’t necessarily need the capital right now.
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24 April 2022 | 10 replies
Don't be offended by the ones that won't do it.Eventually, after you have worked with a contractor who knows you and that you are reliable, they will do this every time.
2 May 2022 | 3 replies
Network with other investors and find recommendations for reliable contractors.
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29 April 2022 | 10 replies
I suspect that the prices for housing in this valley were too ridiculous for them...Anyway, I would appreciate any advice on how to choose a reliable agent to work with on this process...
2 May 2022 | 1 reply
Buying a multi family in Newark and looking for reliable contractors to give me some quotes.
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2 May 2022 | 7 replies
2) any recommendation about established and reliable agencies, offering property management services?
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2 May 2022 | 0 replies
Looking for a reliable home inspector with reasonable pricing.
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3 May 2022 | 6 replies
You do the best you can with what you have available to you: deal calculators (BP has one, there are other sites too), finding a reliable agent to checkout the house/neighborhood etc.
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5 May 2022 | 2 replies
I'm looking for a reliable contractor in the Dayton OH area.