30 July 2018 | 11 replies
We have obtained estimates for complete upstairs remodel including paint, flooring, all new bathroom, windows, appliances, central air for $13,100.Numbers:85000 for duplex + ~1400 closing (after split 50/50 per agent recs), + 13,100 remodel = $99,500 total25500 (down payment at 30%) + 13100 = ~38600 required up front 395.85 (P&I at 7%) + 180.36 (CapEx after remodel) + 222 (tax, insurance, vacancy monthly) = 798.21/month expensesAnticipated rent: Unit A = ~450 (hoping for section 8 revaluation if become owners), Unit B (after remodel) ~600 = $1050/monthFinal Numbers: ~250/month cash flow, 8% cash on cash, 3% cap rateMy questions:1.
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2 September 2023 | 9 replies
Anyone has experience obtaining the list?
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12 August 2010 | 2 replies
When flipping properties to investors / home owners, has anyone obtained referral fees for recommending the following:- Title Company / title insurance- Property insurance- Home warranty- Property managementIf so, what level of commissions are achievable?
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26 April 2011 | 9 replies
Can someone point me in the right direction as far as obtaining & preparing the offer docs to get this deal done.
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25 February 2012 | 4 replies
One thing that would help - find somebody who does this intern yourself for free but obtain a smart way of learning the ropes.
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28 April 2019 | 11 replies
It took us quite few weeks to go through all these procedures to reverse original assumption.As for living/renting - not the case also, it's illegal to live in the property until you obtain clear POS and rental certificate from the city.These POS inspections slowly getting admitted to be illegal practice (Bedford Hts won the litigation and get all these fees back) but majority of cities in East suburbs are affected.Obviously, it doesn't apply to East Cleveland or inner city - you can still buy houses for $100 and sell for $1K ;)
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14 October 2013 | 13 replies
Today I can obtain 100% in certain deals based on my experience and management skills.
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18 August 2015 | 12 replies
LOL, okay, pull the loans you can obtain as personal loans then move toward what William pointed out or just start out on the commercial side.
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11 November 2014 | 18 replies
If the agent obtains a purchase offer far above the seller's net listing price, the seller may feel cheated and accuse the listing agent of not disclosing the home's true market value.
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3 November 2014 | 5 replies
Just as we look at comparable properties to assess value alternative sources of information are out there and they value may simply be more to the consolidation of different sources of knowledge that saves time and effort for a student in obtaining knowledge in a shorter time frame, an economic aspect.Mentors are not gurus in my mind, they participate in the activity that they give instruction in.