Madisyn C.
Duplex opportunity for 160k, need help analyzing
5 April 2013 | 22 replies
Yearly combined rent is 25800 (2150/month)I will be paying water- about 2400 per year (200/month)insurance and property taxes come to about 6617 (552/month)monthly mortgage is 1240I know the cashflow is not nearly at the ideal amount, only coming in at $158 but is appreciation and the terms alone worth it?
David Jayne
CREATIVE SOLUTION NEEDED!
21 August 2013 | 7 replies
If she is "less than ideal" in her living habits, I would simply offer her the chance to get out of the lease in 30 days (maybe a touch longer but don't get taken advantage of!).
John Thedford
25K Note For Sale: What Would A Typical Offer Be
17 November 2013 | 54 replies
*principalSorry working the phone app with auto spell
Bryan L.
Private money and/or hard money loans
15 December 2013 | 7 replies
Quicker closes, No qualifying, etc. and when you have those deals that work out badly or you take a loss (it will happen), the JV can look pretty good.JV will never look like the best deal in the pro forma numbers but how often do you hit the ideal numbers?
Jon K.
Accepting Roommate/Tenant with only partial rent to move in?
21 December 2013 | 21 replies
Why wouldn't I deal with other people for fairly good money for a while until I get better relatively passive income going?
Allen Denham
Letting go
21 December 2013 | 19 replies
I guess what i forgot to mention was I have had cleaners come in before and I was there when they cleaned and they did a fantastic job but I lost there contact info, I guess making a detailed list is a great ideal but I'm not sure they would pay that much attention to it and if they did they might not be able to comprehend it, what my experience with it is you pretty much have to supervise them.
Account Closed
tenant needs to break lease
21 December 2013 | 9 replies
It would seem the two guys while not stepping into an ideal situation for you as the landlord are making good on the lease terms.
Abel Vazquez
Being able to read a market.
19 January 2014 | 7 replies
Ideally you want to find a market that is heating up, meaning average DOM has been progressively getting lower and lower over the past few years.There are many factors you can look at, and it really depends on what type of investing you're trying to do.
Daniel Engstrom
Duplex insurance coverage
25 March 2014 | 5 replies
Ideally, you should have $1m in liability on the property policy and an additional $1m in an umbrella.Deductible: Look at your situation.
Tim Kindem
New Member from Minneapolis
28 July 2014 | 11 replies
I concentrated mainly on real estate sales until last year, when I started getting more serious about adding some REI into the mix.In 2013, I partnered with one of my clients, and we've been putting together a portfolio of rental properties - duplexes, town homes, and a condo so far - all owned by our LLC (soon to be many LLCs).Ideally, with BP, I'd like to learn, network, and hopefully contribute something worthwhile to the community.