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29 June 2018 | 22 replies
For example, let's assume I live in an area where rents re $1000 / month:If I buy a duplex that rents for $1000 per unit per month:With the house hack, my rent goes to $0/month, I'll get $1000/month for the other unit, and I'll have to pay expenses involved in owning/managing the duplex.
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29 June 2018 | 42 replies
At the time I thought this was fine and I was working for his company going from site to site to take pictures and hire contractors and manage the flips.Fast forward to October 2017, after several occasions of my bringing up the note and him pushing it back over and over, as well as, trying to convince me to roll the money over to the next investment, I finally the demanded the note be due (as per agreement written in the note).
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27 June 2018 | 4 replies
There are some nuances and some things you can do to up your game and get financial reporting per property as well, but this is barebones bookkeeping.
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29 June 2018 | 30 replies
Well.. that has value.I try to give a lot of value so for that reason I'm not really interested in potential JV partners that are looking to skew the terms in their favor to an unreasonable point.Just my 2 cents
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18 September 2022 | 23 replies
20 foot used container is around $1800 which is over $100 per square foot!
26 June 2018 | 7 replies
At 8% Cap, 100k per unit asking price you are looking at a difference of 120k NOI vs 150k NOI.
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27 June 2018 | 2 replies
Get going with 2 or 3 per month and you are on your way.
26 June 2018 | 2 replies
For Non-Occupying Borrower Transactions, the maximum LTV is 75 percent.
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13 July 2018 | 6 replies
After that, the most it can raise is 1% per year and a max of 6% (10.75%) increase.Just good to know what is possible out there.
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1 July 2018 | 16 replies
$20 per day (after the 3rd of the month) up to $100 per month.