Cheryl C.
Would a rehabber buy this?
31 January 2012 | 14 replies
They could wholesale it for 5k and their funds would be utilized for 3 days.5k profit / 154k total investment = 3.2%365/3 * 3.2% = 389%If you could retail it for 30k after 3 months.30k profit / 175k total investment = 17.1%365/90 * 17.1% = 69%Earning a consistent 389% return would mean your money is "perfectly" deployed.
Bienes Raices
Receiving emails (MLS listings) from the listing agent
6 February 2012 | 7 replies
Also some the utilities data.
George P.
Cashier's checks/MO when buying a tax lien
6 February 2012 | 4 replies
That does not mean that those checks don't have a dollar fee next to them on the bank's fee schedule - most banks have a charge next to such checks on their fee schedule; you can ask the bank's branch manager to waive such fees for you, and if you are a good customer they will do so.
Brandon Eleazer
Leave Partially Finished Basement?
4 February 2012 | 1 reply
There was water damage and the carpet was removed and mildew on the walls so the bottom portion of two walls was also removed.Since there is no closet and window it can only be utilized as storage.
Nick J.
BiggerPockets is Back Online after 36 Hours . . .
7 February 2012 | 37 replies
Especially in a time of crisis, giving your customers (users) information is the best way to keep people from getting angry at you.That said, I did happen to get 3 really nasty emails from people who insulted and virtually spit on us, but their hate is a sign that we're making an impact.
Don Hines
580 score
6 February 2012 | 3 replies
Anyone having any luck getting customers financed with a 580 score?
Scott C.
analyzing bank owned properties
7 February 2012 | 2 replies
I'm curious how different people analyze and budget repairs to HVAC, electrical and plumbing systems in bank owned homes where the utilities are turned off?
Kenneth LaVoie
GREAT Cash flow property that I dont' want to own!
16 April 2012 | 29 replies
I think you lost me in all of your paragraphs.What are the following numbers:In Place Rent:Existing Debt Service:Existing Peripherals (Taxes, Insurance, Association,Maintenance, Utilities):Property Tax Rate:Also... when you say you "put a ton of money into it"...
Danny Day
Increasing cash on cash return
8 February 2012 | 7 replies
debt service isn't included in the 50%...that's reserved for taxes, insurance, management, vacancies, repairs, maintenance, utilities, trashouts, cap ex..etc.....
Tatyana E.
A Foreigner wants to buy SFR in CA
9 February 2012 | 4 replies
In the future she plans to either move to the US (there are a number of ways) or just visit me from time to time and stay for a few months in the US.She wants to take advantage of our low housing prices, purchase a house, rent it out (rental income is not that important to her but it would be nice if it at least covered expenses on property tax, utilities etc.).Off course, she is going to pay cash, and I am ready to help her as much as I can.