Amir Kabiri
Disadvantages to Getting a License
26 May 2015 | 9 replies
Being licensed can be expensive to maintain if you do not plan to use it to generate income.
J. Martin
Capital Expenditure Costs: A Case Study on SFR & 4plex - What do you use?
27 May 2015 | 12 replies
I’m just trying to understand the average costs of maintaining the property.
Robert Wade
Lake properties for rent
26 May 2015 | 2 replies
They had redone the roads, keep the grounds maintained, clean bathrooms, a big meeting room/building for parties, a fishing dock (although it was on dry land at the time due to drought), even rental spots for RVs were nicer so they pulled an upper end crowd.From what I've seen in my immediate area (and I've researched it), if you have cabins at a trailer park rent pretty decently.
Manuel Sarabia
Your thoughts on flipping condos?
30 December 2016 | 6 replies
The upside is that someone else maintains the building, so you can do it with minimal direct involvement.
Tom Vic
My first multifamily buy and hold- analysis and mistakes
12 November 2015 | 5 replies
Monthly rents: APT 1 $900 & apt 2 @1095.Total rent 1995-30 garbage-25 water-100 insurance -120 repairs/ maintain-100 vac-970 mort/ taxesCash flow of $650 x 12= 7800. 7800/41541= 18.5% ROII plan on managing and lawn care on my own if I do end up outsourcing it the number would be: -199 management {10%}-66 lawn careCash flow +385 x12= 4620 4620/41541 = 11.5 % ROISo with self managing the ROI is great not so good if I outsource management Let me kno what think of these numbers!
Account Closed
Advice on my first deal and asset protection
27 May 2015 | 1 reply
Here are the details:Purchase price: 55,000$Rehab: 5000$Currently rented: 900$ per month (400 and 500 each side)Expenses: Approx 400$ (includes property tax, insurance, water bill, property management - 8%, yard maintainance and 10% of rent as rainy day fund)Financing:I will buy this property with the HELOC on my home.
Shane Brown
Brand new to investing need some help.
20 April 2016 | 13 replies
That way I could quit my 9-5 job and basically maintain these places and collect the money as my job.
Barry Zimmerman
Investor seeking diversification for retirement
14 December 2015 | 4 replies
And while they are certainly motivated to provide a good service to maintain their reputation, you have to understand that their bottom line, not yours, is the primary concern of their operation.
Chris Seveney
Interesting situation - any recourse ??
11 December 2015 | 2 replies
The house was listed low because the owner can no longer maintain the property and is not of right mind so she has an attorney handling the sale.
Jennifer Umbaugh
Looking for 2 to 3 flips in Wilmington NC in 2016
13 December 2015 | 10 replies
I understand about all the commitments which would be required of me to obtain and then maintain my license.