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9 January 2011 | 3 replies
By the numbers:Rents: $2300: House $1400, Cottages: $450 eavacancy at near 0.0% because it is another student house that leases 6 months before start.loan: 25% dwn conventional, 6%3% closing$10k improvementsI come up with about a $160,600 1st D/TTaxes are $0.77/100 insurance about $300/yr.I can see offering a max of $195k.By the 50% rule I get about $185 positive monthly.does anyone else see this as a potential deal?
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25 July 2013 | 14 replies
If you cannot find an affordable experienced "draughtsperson", you can probably find an engineering or architectural student at Carleton University.
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29 July 2013 | 16 replies
As a former high school math teacher, I can understand the importance of educating consumers that you describe.
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15 August 2013 | 17 replies
I'm a recent college grad with 3 years of property management experience on a student rental duplex.
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1 November 2013 | 9 replies
Some of the "note gurus" tell students about note purchasing inside of IRAs, but they don't really address the UBIT issues with respect to resales.
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22 July 2018 | 28 replies
She is a part time student, part time job, and part time mom.
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31 July 2018 | 68 replies
As someone who grew a property management company from scratch to manage student housing at Rutgers, I am torn on this issue.I either get clients who have struggled and thereby created a mess that I always untangle and make smooth, or I get clients who have never owned anything and don't understand how much work goes into it or the dynamics of the area.I think one poster put it perfectly earlier:"Time is money.
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1 August 2018 | 5 replies
(on all three) Here's where I recommend all of my mentor students go to.
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25 November 2017 | 17 replies
I just posted about a student that paid $5400 for a class on "wholesaling" that taught BAD info.
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23 November 2017 | 42 replies
My statistics teacher said something on the first day of class that has stuck with me to this day, "Statistics can be used to prove any argument as being true, you just have to carefully choose which statistics to use."