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15 September 2018 | 2 replies
Try the following link: https://www.biggerpockets.com/landlord-formsYou should be able to download them directly from there.
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19 August 2020 | 19 replies
@Wayne BraultSearch for "brokers direct mls" in google
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29 July 2018 | 0 replies
This also doesn't include any summer leases at $500 per person which will be directed to our CAP EX fund.A break down of the estimated first year PL sheetGross Rent:$23,400taxes: $1,560insurance: $590Water/sewer: $2,000Gas: $1,900Electric: $1.500Maintenance: $1,000expense total: $8550NOI: $14,850Debt: $1080x8months= $8,640Cash flow (paying toward HELOC principle) $6210(yes I'm not including Vacancy for this year, I'm also not including Cap Ex this first year either)utility estimates are based on previous averages, and also our first 4 monthsYear twogross income: $26,000taxes $1,560insurance: $590Sewer/Water: $2,000Gas: $1,900Trash(year two electric will be on tenants and we take over trash): $300Repairs/Cap EX fund: $2,500 (summer rents will be added to this)Expenses: $8850NOI: $17,150Refi Debt (125,000 loan @5% estimated): $8040Cashflow: $9110 45% COCOverall this deal is turning out very well, an seems to be an awesome first investment property.
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29 July 2018 | 1 reply
As soon as we bought it, we did a few minor upgrades and replaced AC (unexpected expense).Within a year of being there she had our first kid and got pregnant again shortly after that.
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3 August 2018 | 1 reply
Hello everyone,I am relatively new to probate investing and have a lead that just came in from my direct mail campaign that I'm not sure what to do with.
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30 July 2018 | 4 replies
And kind of guide me in the right direction to get started.
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30 July 2018 | 3 replies
That would slow me down quite a bit and cost a lot if I needed to make 100 offers to close on one.Do you just estimate an "average" cost for those items and if something unexpected comes up during the inspection, would you just renegotiate the deal (making use of the inspection contingency in your offer)?
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2 August 2018 | 3 replies
If there is no deposit and he has SSN, forwarding address, etc, next best option is to send the balance to collections if the tenant's won't pay directly for the damage.
20 August 2019 | 22 replies
I'm looking for larger properties so those are not as likely to respond to direct mail.
30 July 2018 | 2 replies
Contact me directly if you're interested, and we'll find a time.