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25 April 2020 | 14 replies
Just I thought it was awesome but before I sign up has any experienced commercial officer ever closed a deal with them and if so how was the experience?
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14 November 2018 | 1 reply
Just want to make sure I don’t miss any major steps as my own agents, which is not an experienced one yet obviously.
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14 November 2018 | 4 replies
Has anyone experienced this?
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28 November 2018 | 8 replies
I'd appreciate any other advice/insight from anyone experienced with 203k loans.
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16 November 2018 | 3 replies
Yes, my team works throughout the Valley
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14 November 2018 | 3 replies
I have good credit 750 fico score and I am a novice or experienced flipper.
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3 December 2018 | 10 replies
I would love to attend and meet some experienced REIs!
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15 November 2018 | 8 replies
Has anyone experienced this or been involved in a similar situation?
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22 November 2018 | 22 replies
@Jacob Breazile - Make sure to account for the following expenses:1) Mortgage2) Mortgage insurance (PMI or MIP) or FHA Risk base3) Property Taxes4) City Taxes5) HOA (Home Owner’s Association) Dues and Fees and Assessments6) Insurance Property Hazard InsuranceFlood InsuranceEarthquake InsuranceUmbrella Insurance7) Vacancy Rate (usually 8% - the equivalent to one month a year, or 5-6% if multifamily and/or if experienced, if not use 8%)8) Utilities (you’ll have these if your tenant is not covering them and/or during vacancy) Water § Sewer § GarbageElectricityNatural GasPropane9) General Maintenance (usually 5%) Upkeep § LandscapingSnow removalRepairsNew Appliances10) Capital Expenditures (usually 5%, higher is the property is old and obsolete, less if fully rehabbed and all mechanicals and roof are new)11) Property Management (8%, even if you self manage, your time still has value and there might be a time when you'll want to be completely hands off or you'll not be able to do it, vacation, retirement, etc.)
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17 November 2018 | 55 replies
Historically, we can show that the last time my market did not have long term appreciation is longer ago than many markets experienced a significant decline to their cash flow.