
21 February 2018 | 11 replies
Just curious if anyone has any experience creating their own storm water management plans?

19 February 2018 | 1 reply
You may also need lawn care, water etc depending on the market

1 March 2018 | 8 replies
I have 5 years of architectural experience - my range is very broad: K-12, Urban Mixed-Use Towers, Multi-Family, Infrastructure, and others.

19 February 2018 | 0 replies
The subcontractor my general contractor hired to do the foundation had 20 yards of concrete poured today (35 degrees all day and part of the concrete is surrounded by a 3inch pool of water - not acceptable at all).

21 February 2018 | 4 replies
I can't quite see where I'm going, and advice from those of you who have navigated these waters already would be very much appreciated.

27 February 2018 | 6 replies
"Let's look at your water heaters"...."

7 March 2018 | 1 reply
The property values range between $250k-$320k.Most of our tenants in the LTO program are families that were hit by the recession and haven't bounced back financially in terms of qualifying for a non-conventional loan.

27 March 2018 | 5 replies
Dogtown is a great area that's walkable to Forest Park with easy access to both 64/40 and I44 so I would think this development would do well, even with rents in the $1200-1900 range.
22 February 2018 | 2 replies
If there is a pressing situation that requires you to sell to get the cash in your lifetime then it is doubtful that you will squawk at having to pay tax at that time.But if your tax is in the $120K range and you get to invest that for a net return including of depreciation benefit for say 8% then after 10 years you will have more than doubled that tax in return and compounded interest.

6 March 2018 | 19 replies
My criteria for buying are at least a 10% CoC return, and $100/month or more in net cash flow PER door (hopefully closer to $200/door).List Price: $179,900Down Payment: $44,975 (25% down, assuming I buy at list price)Repair Estimate: $5,000Closing Costs: $2,500TOTAL CASH IN: $52,475Loan Amount: $134,925Loan Terms: 5.25% fixed rate, 30-year mortgageMonthly P&I: $745Monthly Rents: $2,000 ($1,000 per side)Vacancy Loss: $100/month (I estimate 5 - 8% on multi-family properties, depending on how popular the area is).TOTAL MONTHLY INCOME: $1,900 ($2,000 - $100 in vacancy)Taxes: $154/month (you can usually find the actual tax amount paid for the previous year on your city's website)Insurance: $100/month (ask other investors in your area what they pay, or for recommended agents who can give you quotes)Water/Trash: $80/month (this is typically paid by the landlord in my area)Sewer: $50/month (also typically paid by the landlord in my area)Lawn/Exterior Maintenance: $75/month (my property management company offers this service)Maintenance: $100/month (people budget anywhere from 2 - 10% for this... if it's a well updated and maintained property in an area that attract responsible tenants, I budget on the low side)Property Management: $100/month (usually 8 - 10%, but you can find PM companies that do it for less... just make sure they're good at what they do!).