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17 October 2020 | 3 replies
Metal building will likely be more to build but with lumber prices the way they are right now it’s probably fairly comparable.
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10 October 2018 | 9 replies
It also includes 3 Online On Demand Home Study Courses. 1) Rich Rewards in Notes (Performing Notes) 2) Big Money From Bad Debt (Non-Performing Notes) 3) Nothing Down Deal Architect (Buying and Selling on Terms).
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28 August 2018 | 7 replies
At the end of the year, compare what you’ve ‘set aside’ versus what you’ve spent.
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28 August 2018 | 0 replies
Hello BP Nation!I'm interested to hear everyone's take on credit cards during their real estate journey. I have started with the Chase freedom card --> Chase Sapphire Preferred --> Chase Business Cash (Registere...
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10 September 2018 | 6 replies
In fact, there are very few small MFH around the way compared to here so we're looking to house-hack but are open to other opportunities.
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9 June 2019 | 37 replies
Without taking too much of your time, let's jump right in.Rent comparables, using the lower-mid end of the market:1/1 - $14753/2 - $2500Mortgage 30YF @ 4.359%, 14% downTriplex- 3/2 & 1/1 & 1/1Asking Price 519,000EGI65,400 - vacancy (5%) = 62,130Yearly Operating ExpensesTaxes (1.15%) - 7,785insurance - 1500 repairs (5%)- 3270CapEx (10%) - 6540PM (10%) - 6540Utilities - 1500Total Expenses- 27,135NOI= 34,99534,995 - 27,384 (mortgage- refer above) = 7,611$$$634$$$ CASH FLOW per month, or over $200 per door for this multi in LOS ANGELES, CALIFORNIA CA!!
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20 October 2018 | 4 replies
(get data points to compare)Is it in a good area with reasonable chances for long term appreciation....?
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4 September 2018 | 4 replies
Watch the properties see what they sell for and compare your numbers.
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29 August 2018 | 4 replies
Also like the idea of starting to prepare the tenants for the new management approach and expectations I'll bring compared to the previous owners.
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25 September 2018 | 5 replies
That just doesn't feel right to me :) So, if you want to hire somebody to buy and deliver stuff to vending machines you need at least 10 machines, because otherwise the salary of a person would be too high compare to profits you are getting from the sales.