Travis White
Help analyzing a 6plex
6 April 2018 | 8 replies
Here's what it looks like:Purchase price = $300kRental income = 4 x 1bd/1ba @ $500 , 2 x 2bd/1ba @ $650 = $3300, seller thinks 1bd's can go up to $700 and market research supports that Taxes = $200/monthEstimated expenses = 1300/month (10% each for vacancy, CAPEX, and repairs and $200/month for insurance)NOI = $23k at lower rents, $33k at higher rentsCash flow = $500 at lower rents, $1300 at high rentsThe property is in a C neighborhood that is gentrifying.
Cosette Trantow
Brand spanking new to REI.
6 April 2018 | 2 replies
There is so much information here and I feel like I stumbled onto a gold mine.
Eric Davenport
How to quickly buy with cash
8 April 2018 | 3 replies
One thing that I need to research further is the process of buying a house quickly with cash.
Valerie Copeland
Basics needed to begin Wholesaling in my target area.
8 April 2018 | 4 replies
Chances are you've done enough research to know who to contact.
Casey Tyler
Is there a HELOC that increases as you pay down the Mortgage
5 January 2021 | 1 reply
Good Morning all,I have done a lot of calling and research and I think I know the answer but I figured I would ask.
Cassandra Sifford
Credit Score Took a HUGE Dive
17 April 2018 | 17 replies
Do some research on "piggy backing".
Chris T.
Landlords - renting out a house with basic improvements?
7 April 2018 | 8 replies
@Steve DellaPelle @Nathan Golding @John Underwood thank you for the tips.
Brian Burke
Property taxes in Harris County
6 April 2018 | 5 replies
In researching property taxes for properties to buy, I’ve noticed the combined assessed rates can be over 3% in some cases, particularly in desireable school districts.
Arley Londono Jr
REI in South Florida
6 April 2018 | 3 replies
I ran to google after listening to the speaker and have been researching the pros and cons of wholesaling but mainly run into people doing it outside of my local community.
Dean I.
Made 17k On My Second Flip, After Lots of Bad Luck
8 May 2018 | 29 replies
After subtracting those amounts from the ARV, you now have your maximum offer.After doing some research and talking to your agent, you should be able to figure out your closing and holding costs and narrow it down to a percentage of the ARV.