28 March 2019 | 1 reply
Here is the breakdown of the upfront cost:Down Payment 59 000 Closing 10 000 Repair (Repair cost 90 000 – 80 0000 mortgage) 10 000 __________________________________________________________ Total (Round Up) 80 000Here is the breakdown of the house monthly and yearly cost:18 roomsMonthYearSmall Business Mortgage (25Y Amortization, 5.5% interest): 1080.39 12964.68 Second Mortgage (15Y Amortization, 3.5% interest, $80 000): 571.91 6862.92 Municipal Tax: 310.61 3727.33 School Tax: 53.62 643.39 Internet: 100.00 1200.00 Janitor: 200.00 2400.00 Electricity: 500.00 6000.00 Insurance: 450.00 5400.00 Property Management Fee (10%): 540.00 6480.00 Repair (5%): 270.00 3240.00 Vacancy (5%): 270.00 3240.00 Roof (It will be a new roof): 55.55 666.66 _______________________________________________________________________________________ Total: 4402.08 53304.96Revenue 18 rooms (275$ per room current average) 4950.00 59400.00 18 rooms (300$ per room) 5400.00 64800.00Profit 18 rooms (275$ per room current average) 547.92 6095.04 18 rooms (300$ per room) 997.92 11495.04ROI 18 rooms (275$ per room current average) 6095.04/80000 = 7.62% 18 rooms (300$ per room) 11495.04/80000 = 14.37%What do you think with this calculations.

22 August 2019 | 35 replies
Observe the trend of the internet itself.

30 March 2019 | 18 replies
I have searched the internet over and cannot find anything on our state.

10 April 2019 | 1 reply
.$1400.73 gets you this land 2) Any ideas on how to market this property on Facebook, here or else where on the internet, here are some details on property.3) right next door to the Poconos P.A.

30 March 2019 | 1 reply
I would not trust an internet forum alone for the legalities.
1 April 2019 | 17 replies
The process server then served him with documents and I immediately got a call from the tenant and we were able to work it out BEFORE actually going to our court hearing.
30 March 2019 | 9 replies
Sure, you and I have more votes than posts so maybe that's a barometer of something, but 1. we could be amazing at something totally unsuited for the OP and/or we could just make lots of jokes to get fake internet points.

3 April 2019 | 59 replies
It's the internet rummage sale and you will find anything and everything on it.
3 April 2019 | 12 replies
I actually called Addison at Professional Process Servers who came highly recommended.

21 July 2020 | 29 replies
You think you are invincible.As far as 4% lasting forever, there are plenty of models on the internet that show the rule did not hold up in the last 20 years depending on when you retired.