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Results (10,000+)
Mayra B. Build a Prefab ADU or not? Can this affect equity of the house?
14 July 2020 | 3 replies
The ADU will generate a rental income of 2,000 a month.The cost to build an ADU unit in California is about $200 per sq. ft about $160,000 costThere is also the alternative to install a prefab unit made of storage containers and the cost for the same sq. ft. is $100,000.Both alternatives will generate the same rental income of $2,000 a month.If I decide to sell the house in about 5 years, having a prefab unit will not increase the value of the property as much as if I have conventional construction unit?
Jeremy Lee LLC for rental property and property mgmt
1 February 2020 | 4 replies
Alternatively they own the LLC and pay you X% of profits based on gross rents and it is structure as you are a true management company/individual.
Alan Bosca Alternative to carpet that don't HOA create noise issue?
3 February 2020 | 3 replies
i haven't looked recently at the advancements, but are there any alternatives to carpet people suggest, including hardwood, that don't create a noise problem.Also, since a rental, I wouldn't want it to be cost prohibitive.I also like the idea of something that is a bit less maintenance than a carpet which is sometimes a pain to clean, repair or replace when tenants move out.Thanks for any input!
Erfan Haroon How to leverage 8 (paid off) single family homes?
3 February 2020 | 1 reply
I also do not want to lever the total value of the properties above 50% (this will help immensely if there is another 2008 like downturn or any type downturn for that matter)(most conservative non-traded REITs like Blackstone use around 50% leverage as well) All 8 of our properties are very similar to this one example below.Using 5% Vacancy, 7% Repairs, 7% Capital Expenditures, 0% Management (self managed) in rental analysis calculator -Property A (paid cash) Year 1Purchase price: $80,000 Rent $1000/mo or $12,000 annualTotal Annual expenses $5,240Total Annual cash flow $6,760Cash on cash ROI $6,760/$80,000= 8.45%-Property A (Traditional 30 year fixed, 25% down, 5% rate, $2,500 closing costs) Year 1 Purchase price: $80,000 Rent $1000/mo or $12,000 annualTotal Annual expenses $9,105.12Total Annual cash flow $2,894.88Cash on cash ROI $2,894.88/$22,500= 12.87%-Property A (Alternative Lender 10 year, 25% down, 5% rate, $2,500 closing costs) Year 1 Purchase price: $80,000 Rent $1000/mo or $12,000 annualTotal Annual expenses $12,876.72Total Annual cash flow -$876.72Cash on cash ROI -$876.72/$22,500= -3.90%-The one alternative lender I found does not make sense as it creates a negative cash on cash return.
Ryan Proffit Building a Modular Multifamily on existing lot
8 February 2020 | 9 replies
Alternatively, I could see how a single story prefab or modular might make sense.
Paul Bennie Commercial zoned property question and ideas please
9 February 2020 | 4 replies
Maybe a co-working space or professional like a builder/remodeler, real estate brokerage, mortgage broker, therapist, chiropractor, massage therapy, dentist, doctor etc.
Jayme Duff NEED HELP on Massachusetts Landlord/Tenant question
10 February 2020 | 5 replies
These were physical therapy interns for medical facilities or people moving into the area permanently. 
Account Closed Emails and Communication
10 February 2020 | 1 reply
Are there ways to use an alternative phone number online or for cheap?
Dallas Easter 25% down for 2-4 unit properties?
11 February 2020 | 5 replies
You may be able to find a lender that offers alternative financing with less than 25% down however it will not be a Fannie/Freddie loan.  
Daniel Schiller Selling directly to Zillow - experience?
10 February 2020 | 4 replies
I imagine there are imbedded fees that might exceed agents commissions, but I’m looking to move some personal properties quickly, and this seems like an interesting alternative to the traditional process.