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2 September 2018 | 7 replies
(I don't mind sharing it - I won't get it anyway - so if it is truly a deal and a BP member can get it, all the better)Details (read the Zillow description - the listing details are wrong): Address: 6610 52nd Avenue Ct W, Graham, WA 983384 mobile homes for $156,000Each home is a 4bd/2ba with laundryCurrent tenants pay $1700 average rent per homeSpace rent is $700 per lotThe numbers (per month for all 4 homes):Total gross rent: 4*1700 = 6800Total lot rent: 4*700 = 2800PITI: 860 (this is for the full $156,000, i.e. all 4 homes)Vacancy - 15%: 1020Property management - 10%: 680Maintenance - 10%: 680CapEx - 5%: 340W/S/G (this is a wild guess - I have no clue): 4*50 = 200Total expenses: 6580Total cashflow: 220I feel like I've been quite pessimistic with the estimations (e.g., 15% vacancy), and it still produces a positive cashflow.
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6 September 2018 | 8 replies
@Anna SmithThat's a very broad question and would change wildly depending on your area.
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4 September 2018 | 20 replies
Most had the kitchens, laundry rooms & bathrooms across the back & it was not unusual to find Chickens running wild & a cow or goat in the bathroom being milked.
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24 September 2018 | 161 replies
This same user is discussing his strategy in that thread and i'll give you a wild guess as to if it's trading options or not.
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26 October 2018 | 28 replies
Glad to have you join us on this wild ride known as Real Estate Investing!
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5 September 2018 | 3 replies
They could be wildly different for you, depends on what you want to do.
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10 September 2018 | 19 replies
So the seller is not willing to open the estate back up due to "$ grubby cousins."
2 June 2019 | 12 replies
Numbers can vary wildly in just a two hour drive.
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4 June 2019 | 15 replies
I think any generic thing you can do to make it a comfortable hangout spot without any wild themes would be fine.
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7 August 2019 | 9 replies
This is why you can have two appraisers come back with wildly different values or contractors come in with crazy different bids.