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25 August 2016 | 2 replies
I am trying to learn as much as possible before I get out of college so all information is greatly appreciated.
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26 August 2016 | 4 replies
Here are the numbers: sixplex in hickory NC Price: $160,000Gross monthly Rents: $3,050 (definite possibility to raise rents by about $25-50 each) Expenses: (50% rule for now): 1,525 NOI: 1,525Cap: 9.5%Debt service: 25% down, financing 120k @ 6% amortized over 20 years, with a 10 year balloon. $860/month Net monthly profit: $665Cash on Cash: 19.95%Any thoughts on this deal?
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26 August 2016 | 4 replies
Every property is different, and its always better to have actual records, but not always possible.
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28 August 2016 | 10 replies
But they can give you an idea of what is possible.
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27 August 2016 | 3 replies
A preliminary Team includes Attornies, real estate Agents, CPA's (or accountants), Inspectors, General Contractors, and Handymen.Always remember to do a math analysis and try to look at prospective properties before you make an offer or at least have a clause in the sales contract that allows you the time (about 15 days) to make a detailed inspection and possibly back out of the deal without a penalty that will hurt you very much.
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20 November 2018 | 12 replies
I live in Santa Barbara and I'm looking for multi family deals or possibly a single family rehab project.
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3 September 2016 | 33 replies
That's a possibility.
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30 August 2016 | 4 replies
Is it possible to get a line of credit on a rental property these days?
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26 August 2016 | 6 replies
The tenants are smokers, have a record, and are possibly getting a dog (through some type of disability program) even though their current lease says 0 pets.
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25 August 2016 | 0 replies
Hi folks, I need referrals for a serious roofer and A/C guy in Kissimmee, FL.I'm in the inspection period for a property I'm buying and need estimates for some repairs as soon as possible.