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3 May 2017 | 58 replies
It really depends on your agreement with the team leader and the team leader's relationship with the client.If the client is a frequent repeat buyer/seller investor I would say you are correct in your assumption, but agency agreements are generally transactional with a specific time frame start to end.
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4 May 2017 | 11 replies
Its in a neighbourhood close to universities & colleges (walking distance) A quick run through the BP calculator suggests a cash on cash ROI of 9.59% (with a few assumptions).
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4 May 2017 | 3 replies
Dear Fellow BP Members - I am a part time investor (did 3 SFR deals so far) venturing into MFR for the first time and would appreciate any insights you can provide.Information for the MFR (all units combined)Property Price - $450,000Age - 11 years old.Tax - 1.5% annuallyHOA - $900/month (HOA is responsible for everything exterior, so no roof expenses etc..)Rental Income / month - $5000Vacancy (assumption) - 1 month / yearCap Ex / Maintenance (assumption) - $600/monthMacro market is definitely good in the Charlotte area - although, I wouldn't like to factor in any appreciation.2 questions for the community : When I did my math, the deal sounds 'okay' to me?
2 May 2017 | 8 replies
A typical example of my assumptions in a decent B suburb:- $130k retail value- $1350 market rent, netting $1285/mo gross revenue after accounting for $65/mo (5%) physical vacancy- $300/mo property taxes (2.8% annually on assessed value.
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2 May 2017 | 4 replies
Just an assumption, if I lower down the price, what do you think it might be the time to transfer to the realtor?
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5 May 2017 | 17 replies
The most obviously weak side of this bill is the assumption that Landlords want to terminate tenants without reason.
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9 May 2017 | 3 replies
FHA loans are no longer assumable.You can do what's known as "subject to" (the existing financing), but it's not an assumption.
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9 May 2017 | 6 replies
Cap rate is more local based than size based, and who knows if that 7.5% cap rate is truly a 7.5% cap rate, depending on the broker's assumptions it could really be a 3 or a 12.
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9 May 2017 | 4 replies
My assumption is that if the current owner/PM has been diligence about upkeep those will be clean/clear.