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1 July 2024 | 1 reply
The market rent puts all three together at approximately $2900 monthly.Now here are the details and costs behind the acquisition:Property taxes: $5000 yearlyInsurance estimate for all three: $3,300 yearlyC-class properties (not best location, their condition is about average - older properties)Purchase price: $250,000k$15k down and $235k seller financed at 6% interest for 30 years. 5-year PPP.
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3 July 2024 | 14 replies
It’s located near a big refinery and 30 mins away from casinos in lake Charles.
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3 July 2024 | 14 replies
Check with a local paint store (not a big box store) to ask them for options.
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2 July 2024 | 7 replies
@Marcos De la Cruz I would highly recommend you reach out to Justin at Location Rentals. 806-794-5800.
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2 July 2024 | 5 replies
A great way to network and meet people in your local community is to attend in person meet ups.
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2 July 2024 | 1 reply
I personally would give all of my complaints and responses to prospective tenants, but whether that would protect you from liability I have no idea.might want to contact your local newspaper about the lack of city response.
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1 July 2024 | 13 replies
Just because their hourly pay is less than the standard in my local market, that doesn't mean they deserve any less dignity.
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2 July 2024 | 7 replies
Yeah at the time I was a foreman on a construction crew for a local contractor/my beat friend and mentor, so I had a truck full of all the tools, access to leftover materiels needed as well as a significant amount of experience so yes I personally added a second bathroom and as far as the 5th bedroom goes, it was just a matter of putting a door on the "living room".
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2 July 2024 | 3 replies
Jacksonville will only continue to grow..check in with @Joseph Chiofalo he's a excellent local lender excellent at educating first time investors.
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1 July 2024 | 16 replies
I think the #1 most ridiculous poster is the person living in a desirable, high-appreciation location who has plenty of capital to deploy who asks which crappy undesirable market thousands of miles from where they live is the best place to buy their first investment property.