Karla Munguia
From Ugly Duckling to Belle of the Ball
13 September 2019 | 1 reply
Later we spent money on landscaping the property professionally, which has been one of the best moves.
Randall Kates
Analyze My FHA 203K Deal
25 July 2016 | 14 replies
.- Purchase price: $87,000-Rehab Cost: $30,000-Total Cost: $117,000- Loan payment: $491.83 (principal and interest only) With financing at a 3.5% rate - Property tax: $520.83 (Too Damn High For The Area In My Opinion But I Digress)- Insurance: about $200 per month - Management fee: $220 (10% or gross monthly rent)- Maintenance/repairs (reoccurring): $220 (estimated 10% of gross monthly rent) - Vacancy: $110 per month (5% per unit per month)- Landscaping: $100 per month- Total monthly expenses: $1862.66- Rental Income: $2,200 (2 units renting for $1,000 per month)*Pro Rated For When I Move In A Year- Cash flow: $337 per month ($2,200 - $1,862.66 = $337.34)- Down Payment: $8,095 (including closing costs and cost of inspection)- Cash on cash return: 11% ($337 x 12 = $4,048.08 Then $4,048 / $113,000 = 0.035 = 35%)
Russell Tidaback
Where are all the South FL Members?
29 January 2018 | 146 replies
Fla. now- it was heating up and I see a lot of high rise cranes on the landscape- the word is that they are working on the next bubble- what do you think?
Kalli Barr
St Pete Fix and Flip
10 November 2022 | 1 reply
Updates include: full aesthetic renovation, complete remodel of kitchen and bathrooms, new expansive front and back porches, slight floor plan alterations, structural repairs, complete electrical rewire and service upsize, all new plumbing throughout, new roof, and all new landscaping.
Nathan Christensen
My Cleveland REI Plan
5 June 2019 | 16 replies
We’re looking for a place we can come in and do some hands on cosmetic upgrades: floors, cabinets, counters, paint, appliances, landscaping.
Emily Fackler
Bought 6 apartments with my Solo 401k Trust
31 May 2021 | 7 replies
The property needed two new roofs and some attention on the landscape.
Steven J.
Could some one explain sweat equity.
1 January 2014 | 6 replies
Let's say they aren't for the newbie investor.Your sweat equity is the effort you put in to increase the value of a property, you don't need to make saw dust and swing a hammer, you could oversee work, plant shrubs, design the landscaping, it's the difference in the actual expenses of increasing value to the value you end up with after work is completed. :)
Account Closed
Looking for a landscaper recommendation in the Antelope Valley CA
19 November 2016 | 1 reply
Hey everyone, I am looking for someone in the Palmdale, Lancaster or Rosamond CA area to recommend a quality landscaper.
V.G Jason
Third & Fourth REI Property(Houston, Texas)
22 January 2023 | 3 replies
These houses are separated by about 3 blocks.House 1:List Price: $327,000Purchase Price: $307,000Value Add Levels: Will upgrade kitchen appliances, water heater, landscaping and replace bedroom carpet with tile wood.Financing: 40% down, 30-year DSCR.House 2:List Price: $345,000Purchase Price: $331,000Value Add Levels: Will upgrade kitchen appliances, water heater, landscaping and replace bedroom carpet with tile wood.Financing: 40% down, 30-year DSCR.This is one of the best zip codes in Houston, but it's in a gentrified area.