Charles S.
Using the 50% rule as a prerequisite
1 September 2016 | 3 replies
@Charles S.The 50 % Rule States: That 50% of gross scheduled income (GSI) goes out over time to cover expenses not including debt coverage.The 1%, 2% and the 50% rule is meant to act as a quick analysis tool, to insure the deal is actually deal.
Jen Teske
Would You Buy it?
2 September 2016 | 8 replies
@Jen TeskeI don't know the area so I can't speak about the market you're in, but just by looking at the #s, you're missing a few things: Water, Sewer, Heat, Electric, Gas, Trash, Lawn/Snow removal, Cap Ex, Property Management (even if you're self managing, this needs to be factored in if you want to scale), and although you did include vacancy, if a real vacancy were to occur on a SF you'd have a 100% vacancy, making it negative cashflow since you'd have to cover all the expenses, not knowing when it'll be filled again.
Daniel Porter
Total newb viewing my first house #help
5 September 2016 | 1 reply
What appliances are included?
Nazimcan S.
How I FAILED but actually SUCCEEDED in New York City
7 September 2016 | 9 replies
Cash-flow; When I'm living in the property - 1500$, when I move out w property management included 800$ on 3 unit multifamily with a finished basement. 3 over 3 over 3. 1900$ rent per unit after rehab which was generously estimated at 30k.
Lucia Mendoza
How to find owner of a clearly vacant home to buy?
7 September 2016 | 5 replies
Did you included offer numbers,etc?
Benito Barrios
Wholesale Investment no money down!
2 September 2016 | 2 replies
They teach you 22 different real estate investing methods including wholesaling, and you get free mentoring for life.
Kiran Alisam
How to analyse the rehab required on a house
2 September 2016 | 7 replies
Examples of these categories would include things like foundation, painting & flooring, windows, bathroom, etc.
Aaron Anderson
HARD MONEY LENDER
2 September 2016 | 4 replies
We typically fund 85% of your total project costs, including 100% of renovation costs.
Brady Lee
Ogden
27 September 2018 | 18 replies
Of course, this could be attributable to the fact that Ogden (still) has the least expensive real estate on the Wasatch front including Brigham City.Moreover, the general trends are as predicted.
Ryan Scott
HELP- with 16 unit multiplex in Mass!!!!
5 September 2016 | 7 replies
Heat and hot water included (no individual meters).