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20 November 2018 | 14 replies
I want to dive a little deeper and I think I will continue working on acquiring an investment property while, as you mentioned, networking to assist others in buying and selling.
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18 November 2018 | 4 replies
They all seem to be in decent repair (and i would obviously get inspections) but what is initially giving me pause is that they are all 80 to 100 years old. 100 year old houses are common in my area, but it begs the question, how old is to old?
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18 November 2018 | 0 replies
A master bath would be added to compete with comps and the cost to do so is included in repair estimate.ARV is $310k based on comps ranging from $310k - $325k.Property needs $68k in repairs, repair estimate is included in documents.My purchase price would be $185k and I would assign it to a cash buyer at $190k.
4 February 2019 | 7 replies
They probably have more violations than is worth repairing.
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25 November 2018 | 15 replies
Aside from the standard rent collection, land-lording, and other typical PM duties, im looking for a company that can assist with market analysis and acquisition due diligence.
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19 November 2018 | 1 reply
@Tyler Lynn, CapEx and Repairs are a little low.
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19 November 2018 | 2 replies
I run 10% vacancy for padding, 8% Capex and repairs, and 10% management.
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28 September 2018 | 0 replies
We are looking for reputable contractors in the Northern Jersey area that can be trusted to give realistic repair estimates on properties.
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28 September 2018 | 2 replies
Let me know if you or someone you know might be interested.Loan Requested:$40,000 (secured by a second deed of trust)Interest Only Rate: 8%Total Loan to ARV (After Repair Value): 76%Loan Length: 6 MonthsMonthly Payments: $267Total Interest Paid Up to 6 Months: $1,600 (plus the principle of $40k back then; if money returned earlier, it'll be however many months the money is out)Is this a good deal?
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7 October 2018 | 8 replies
Your lawyer can assist here, too.3.