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17 September 2017 | 0 replies
Did you encounter any opposition or criticism of their services from an attorney or accountant?
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18 September 2017 | 2 replies
Considering this, you need to make sure that you have sufficient money reserves to cover any unexpected repairs that creep up (they always do).
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17 September 2017 | 2 replies
However, you still have closing costs to pay for and lenders will still want you to have reserves.
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18 September 2017 | 3 replies
It was offered to a relative of mine as payment for services rendered, meaning we risk losing nothing here.
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17 September 2017 | 1 reply
Owner said has long term tenant on one side of 9 years , building has had great rental history. 600*2=1200 monthly1200*12= 14400 yearly taxes/insurance =2800 yearlyrepairs/maintenance 10%= 1440vacancy 10%=1440 14400-2800-1440-1440=8720 NOI20% down on 99000 @ 4% interest 30 years =19980 mortgage payment roughly 382 a month /382*12= 4584(NOI )8720 - (debt service )4584= 4136 monthly cash flowcash flow 4136 / (money invested) 19980 =20% ROIAm i missing anything here ?
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18 September 2017 | 5 replies
Not jewelry, Computers, Guns, iPhone's, Dental Services, ….. just shipping and paper services.Now, one half of the building will be empty in about 40 days, so there will be a totally empty 1000 sq. ft. very nice open room / office available.
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19 September 2017 | 8 replies
You can choose to flip a home, build a bigger reserve and decide to BRRRR.
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26 October 2018 | 7 replies
I’ve signed with a Property Management company with realty services.
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24 October 2018 | 4 replies
Then save up your reserves for future deals.
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23 October 2018 | 2 replies
They did not reply for 5 additional days and when they did, they demanded full rent payment and sent us receipts for the appliances they bought and the cleaning services they used prior to us moving in.