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23 January 2020 | 0 replies
Any recommendations on insurance agents and general rules for average rate per sq foot.
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24 January 2020 | 0 replies
I saw a 4 beds 3 baths 2121 sqft property in good neighborhood with the following numbers: Asking price $385,000 Average Sold Price: $385,250.00 Average Cost/SQFT: $207.56 After Repair Value: $436,143.71 Repairs: 10,000.00 Seller Finance Offer: Sales Price: $385,000.00 Down Payment: $1,000.00 Interest Rate: 2.00% Monthly Payment: $1,677.67 Term: 5 Years Buyer will pay for all maintenance costs and repairs.
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11 February 2020 | 20 replies
It would likely negative cash flow by $200-300 a month, UNLESS we could get $2,100 a month, which is unikely given the average in that area currently is about 1,700-1,800 ish.
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25 January 2020 | 2 replies
Really once you have the books set up it is just a matter of keeping a checkbook - but more detailed than the average checkbook.
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28 January 2020 | 37 replies
National average for 2019 was over 3% and they are predicting a lower appreciation for 2020 of 2.7%, so is Lakeland below national average?
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24 January 2020 | 6 replies
I see investors with numbers that seem very low and some with numbers that seem unrealistic.I tend to see 14-16% ROI on average, but I've seen as low as 10% and as high as 40% for residential rentals.I'm curious to hear what the BP community is getting in today's market and what your minimum is to satisfy you and for you to consider it a great investment.Anything less than 25% doesn't seem to satisfy me.
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12 February 2020 | 14 replies
With population growth and job growth that both beat the national average, as well as diverse industries, rich history and culture, and affordable rents, Kansas City is a great market to invest in!
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24 January 2020 | 5 replies
Effective Interest Rate: 5.375%Loan Type: Conventional Next Change: 6/1/20Payment Interest Rate Change: 12 MonthsInterest Rate Change: 12 Months 1 year usts monthly average Index Rate: 2.55%Margin: 2.75%Rounding Factor: .125%This is a huge increase in my monthly mortgage payments.
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26 January 2020 | 33 replies
They may have a better chance of coming across off the occasional deal than the average person, and will do some of that for a great client they know will close, but most of their day needs to be spent prospecting business for themselves, building their own business and closing transactions in order to be successful themselves.
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28 January 2020 | 39 replies
Landlords, BIG and small...Here's a question for you.How many minutes/hours do you spend every month on average doing all of the following: (per property)1.