James D Malone
4-plex analysis, need help!
12 September 2017 | 2 replies
Purchase price: $125,000 (assuming offer is accepted)Down payment: $25,000 (20%)Financing: 30 yr @ 5% = $540 /moInitial rehab: $5,000Closing cost: $2,0001st yr Insurance: $1440Taxes: $120 /moInsurance: $120 /moVacancy: $150 /mo (8%)Maint/Cap-Ex: $270 /mo (15%)TOTAL EXPENSES: $1200Rent: $450 /unitTOTAL INCOME: $1800Cashflow: $600 /moCash on Cash: 21.5%Here is a link to the listing if it may provide more insight:Quadplex ListingThe unit is located on a decent street in a very small town (<10,000).
Jermaine White
Recommendations? Title Companies Chicago Northwest Suburbs
18 September 2017 | 5 replies
Many locations.
Spencer Hollen
New to AZ real estate
9 March 2018 | 5 replies
I have several rentals in the valley and have extensive market knowledge with multifamily properties that I would be happy to share with you.
Ryan Rodriguez
Closed My First Buy & Hold in Los Angeles
1 October 2017 | 55 replies
I am single, make a six figure salary, and live in a relatively low cost of living location.
James Edwards
Three Unit Multifamily Question
12 September 2017 | 4 replies
It is also located in another state, albeit fairly close to home, so that would add a bit more complexity I would believe.
David Grabiner
Converting a Condo to a Townhome? is it possible?
23 December 2019 | 14 replies
The property is located in TN.
Michael Halow
Direct mail Database Management Tools
1 June 2019 | 32 replies
What seems to work the best is to use google spreadsheets with a bunch of paid extensions that can find duplicates, cross search between sheets, mail merge, etc.
Daniel Bryant
Renting out a house with a pool concern
31 December 2018 | 1 reply
Im looking to buy this nice property in A class location.
Jason Henning
Retiring investor waits for 1031 buy before selling. Opportunity?
25 September 2017 | 5 replies
He needs to stay in ownership until he locates his replacement property.
Johnny McKeon
1 yr after reading Rich Dad, Poor Dad & finding BiggerPockets
14 September 2017 | 4 replies
The property is located in Apache Junction, AZ and is considered a lower income area with rents from $600 to $725.