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23 July 2024 | 0 replies
Store with us month-to-month, and we’ll invoice you on the same day each month.
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23 July 2024 | 32 replies
After 2 months I got a call back only to inform me that they would work something out and call me.
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22 July 2024 | 22 replies
I'd like to discuss this with a syndication attorney but I thought I'd ask this forum first as I'm not sure how many syndication attorneys would honestly say we don't need their services and give steps needed to avoid being classified as a security.
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24 July 2024 | 1 reply
High paying local jobs.Monthly cash flow: $306 /moIncome: $2,250 /moExpenses: $1,943 /moCoC ROI: 2.69%5-year annualized return 4.91% Mortgage payment $1,394.53Rental income: $2,250/mo Expenses: $1,943Loan detailsTotal cash needed $136,739Purchase price$ 336,990Loan amount $206,990Loan term 30 yearsInterest rate 7.1%Monthly expense breakdownTotal expenses $1,943Mortgage $1,395Taxes $280Insurance $47Variable expenses $180Fixed expenses $42Monthly Fixed expenses: $42 electricity $0gas $0water & sewer $0hoa fees $42garbage$ 0Other$ 0Monthly Variable expenses $180Vacancy $180Maintenance $0 (new construction)CapEx $0 (new construction)Management fees $0 (self manage)ReturnsNOI$ 20,412CoC ROI 2.69%Pro forma cap 6.06%Purchase cap 6.06%
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24 July 2024 | 7 replies
We do about 20 deals a month for our investors, so I would love to connect and see what we can do together.
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24 July 2024 | 4 replies
I set up the rent payments in Baselane, the payments go directly into the appropriate account, and my accounting system already has it categorized, so I have very little to do to close each month.
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24 July 2024 | 4 replies
I have made it a goal to own our first property in the next 9 months and hope to attend community events and get engaged with local investors and agents in the mean time!
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25 July 2024 | 15 replies
@Eric MartelMr Martel, with the significant jump in interest rates the last several months, are you still finding buy and hold investors to purchase the properties after the flippers have done the rehab and placed a tenant?
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20 July 2024 | 8 replies
However, while you are in the service you can absolutely get a mortgage from the VA.
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23 July 2024 | 12 replies
We do monthly maintenance on every single piece of equipment every month- whether it needs it or not.