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8 January 2015 | 7 replies
The quickest way to install is to use J-Chanel as the top rail and dig a trench about 4-6 inches deep.
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24 January 2015 | 7 replies
I'd be interested in seeing what you could dig up, specifically in the Findlay area.I've been watching the HUD and Homepath listings...actually acquired the 2 we got this year from HUD.
3 January 2015 | 4 replies
There are tons of ways to get started just start digging.
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4 January 2015 | 5 replies
I would eventually (hopefully later this year) like to sell the condo in DC and invest the equity into deals that produce passive income.Anyway, I have had a great time digging through this trove of content and experience, and look forward to networking with you all and starting the journey.Brent
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6 January 2015 | 87 replies
If it was under 45% it was definitely a flag for us to dig more deeply.
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4 January 2015 | 7 replies
I'm using some rules of thumb to down-select to a few properties that I could then dig into more closely.My assumptions based on rules of thumb:Vacancies are 25% (avg in Tucson in 2013 was from 11%-21%)Expenses run 50%.Avg cost of 4-plex is ~ $300,000 (mortgage = $13,750 at 4%, 30yr with 20% down)There are two basic methods I've seen to come up with a value for the property, cap rate and cash flow.To get a 7% cap rate (3% above par value on borrowing money for fixed, 30yr), I calculate the property would have to bring in 56,000 gross, or $1167/mo/unit.
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30 January 2015 | 35 replies
It's kind of tough to say without digging in, but I'd like to know how they can be in foreclosure on most of the property, yet own lot 16 free and clear.
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6 January 2015 | 6 replies
cannot automatically be used to turn down a minority applicant.Seems like we now need to dig a little deeper - 'How long ago was the felony?'
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6 January 2015 | 6 replies
It might be somewhat indicative of the previous managers (low rents = low vacancy some times, etc)... but it can also give you a feel for how desirable the area is (market rates + high occupancy = good rental area).Beyond that, dig into the income and the expenses a little.