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Results (10,000+)
Rachel Liu New member - Los Angeles, California
29 April 2018 | 15 replies
Also, @Rachel Liu, people do well investing out-of-state (just be careful), but have you considered an owner-occupied small multifamily for your first deal?
Cliff T. Received a letter today from a firm that protests property taxes
5 April 2018 | 3 replies
I'd recommend you do your normal due diligence on these folks, but the concept is pretty well established as beneficial.
Alex Deaton Education in new Real Estate
5 April 2018 | 3 replies
I’ve found Investing in Real Estate 7th Edition and What Every Real Estate Investor Needs to Know About Cashflow and 36 Key Financial Measures to help me understand the concepts of analysis by leaps and bounds.
Paul Miller Finding reliable contractors
17 April 2018 | 5 replies
We do not utilize any lead generation services like Thumbtack or Homeadvisor because the ones looking for quotes on those sites only care about who is the lowest.
Joe Senchuk Lease expires, tenant signalling they will refuse to vacate
19 April 2018 | 33 replies
I don’t care what sob story you have.
Travis Junge Looking into real estate
4 April 2018 | 7 replies
Take care and as lame as it sounds thank you for your service. 
William Davis Potential Billion Dollar Deal
11 April 2018 | 73 replies
The first time I heard of him and his 'concept'...
Trevor Dominique Info you are able to request while analyzing a property
5 April 2018 | 3 replies
(I imagine your title company would take care of that, but good to ask before you even submit an offer.)Do you have any other properties for sale?
Max Householder Our First Investment Property: Year 1
9 October 2018 | 6 replies
I found posts like this to be helpful when I was first learning about investing in real estate, so hopefully someone on here can get something out of it.Our goals were to cash flow $100 per month per door, have a cash-on-cash ROI of 12%, and achieve a total return of 20%.Purchase price: $179,900Our loan is a 30-year fixed rate residential mortgage at 4.25%25% Downpayment: $44,975Mortgage Payment (Principal & Interest): $663.75Operating Income$26,435 scheduled gross rents (4 units)$(1001) vacancy$600 garage rent$11 interest$26,045 gross operating incomeOperating ExpensesProperty Management (10% of gross rents): $(2543)Leasing fee for new tenant placement: $(550)Sewer: $(1397)Water & Trash: $(1232)Lawn care/mowing: $(350)Gas & electric during vacancy: $(228)City occupancy inspection aka government extortion fees: $(183)Maintenance & Repairs: $(3594)Property Taxes: $(2009)Insurance: $(983)$(13,069) gross operating expenseNet Operating Income: $12,976Mortgage P&I: $(7965)Cash Flow Before Taxes: $5,011Cash-on-cash return: 11%Equity Accrued: $2275Total Return: $7286Total ROI: 16%We hit our cash flow number almost exactly at $104 per door while our ROI and total return came in a little under our projections, but pretty damn close.
Joanne V. Refinance Property with Equity
6 April 2018 | 9 replies
I know of mortgage products for example that will allow you to look at the income being generated from the property itself (don't care about W2, tax returns, etc).