30 November 2014 | 8 replies
I went through a list I found on biggerpockets http://www.biggerpockets.com/rei/pay-rent-online-p...and the closest match for what im wanting appears to be erentpayment.com anyone have any experience using them?
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26 November 2014 | 4 replies
They did not give me a price to start at, they just told me that their info matched up with mine on the offer.Also, the sewage is city controlled as well.I do understand that I don't want POH's, but I am willing to give this a couple of years of work as long as I have good cashflow, and RTO, or just outright sell the homes to owners.* * * This is not the only park I am looking at, but it's the one that grabbed my attention for value add and market location.
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26 November 2014 | 9 replies
I pick the ads that "match up" closely with what I have available and send a response e-mail with details about my rental unit and an offer to send pics, if it is possibly what they are looking for.I still screen the same way, like I would for any tenant, but the potential tenants already have a very good idea about the place and the details before they even come see it.The last two times I had openings, I found my tenants this way.
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2 December 2014 | 4 replies
My main goal in RE is to build a robust cash flow generating portfolio that can eventually match my regular job income, hopefully within the next 10 to 12 years.Given New York's highly priced market, I am considering starting investing in New Jersey or Pennsylvania.
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28 November 2014 | 1 reply
I have personally sold close to 100 properties in these 3 years so I hope that shows I am hard worker and can be for you if we match.
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17 October 2017 | 14 replies
They compile everything and match the street address with the tax records - so you know the debtor name, amount owed, tax appraised value, etc.
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2 December 2014 | 25 replies
We can't determine the amortization from the post but that $175 will erode from increased insurance costs and a need to match principal pay down.
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20 April 2015 | 12 replies
If you skip out on a soccer game or two to show the property to tire kickers you'll likely wish you just paid a Realtor.
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19 December 2014 | 8 replies
Picture a mold spore being in the shape of a football or even a soccer ball.
1 December 2014 | 3 replies
Below are the sellers reported historical figures:Annual Rent: $33,900 (actual based on current rents- property is fully rented)Vacancy: 5% ($1,695)Gross Operating Income: $32,205Expenses:Water: $433Electricity: $420Taxes: $2,672Insurance: $1,635Property Management: $2,712Repairs and Maintenance: $1,695Landscape: $350Other: $870Total Operating Expenses: $10,787NOI: $21,417Cap Rate: 8.74%Debt Service: Approximately $13,749 - based on 25 year loan at 80%Cash Flow: $7,668Cash on Cash: 15.6%Obviously the expenses require due diligence to ensure the reported expenses match the historicals however assuming they do, the numbers appear pretty solid.