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2 October 2018 | 8 replies
We figure we'll at least get close and we added a clause in the lease stating rent increases will happen annually with increased utility bills.
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25 October 2018 | 55 replies
All cost must be accounted for that days work that is being completed.
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4 October 2018 | 5 replies
My current goal is to scale.I would like to send money from our personal account into our rental account on a monthly basis to let the cashflow and personal funds accumulate.
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1 May 2019 | 12 replies
I like that one of the owners Chris is active on BP so they are accountable in that sense.
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14 October 2018 | 15 replies
I currently have one collection's account.
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9 October 2018 | 2 replies
This is an account of some of my experience with RDU Broker over a 21 month period.
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14 October 2018 | 9 replies
Single Family Home (East End Louisville)- Originally my primary residence ($209k)- Property is in our personal names (not in LLC)- Comps in the neighborhood are $285k- Built in 2002- In well established neighborhood w/ middle income families- On 15 year 2.99% mortgage w/ 8 years remaining and $115k principal balance- Currently rents for $2,185 month/$26,200 annually- NOI $16,320- Cashflow $4,500/annually - $12k principal pay-down annual (current year)- Currently getting less than 3% return on our equityOriginal goal was to not cash flow but pay off property, allow appreciation, sell property at end of loan and use capital for additional projects.
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11 October 2018 | 25 replies
When the property is finally paid off its entire market value at that time in yours so it is as if you were setting up a bunch of savings accounts that will each have an equity balance that will belong to you , long term of course and the rest is just simply ways of managing the debt, cash flow, and appreciation to your advantage.
11 April 2019 | 5 replies
Originally posted by Account Closed:There are a lot of people asking questions about Turnkey recently because acquisition costs are so high in CA IL NY WA OR and parts of TX.
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13 October 2018 | 3 replies
There are normally delays involved with short-sales so you should take that into account.