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28 May 2015 | 35 replies
Originally posted by @Mark Nolan:@David White Have you ever thought about investing your 401k in real estate?
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22 May 2015 | 23 replies
Originally posted by @Mark Nolan:@Troy HamlettWelcome to the BP community.
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15 March 2017 | 86 replies
I thought the 6 month mark would be a good time to make that decsion.
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19 May 2015 | 4 replies
Thanks Mark!
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7 July 2015 | 20 replies
You want to upgrade your units to be able to charge that price and that is your bench mark: $700*100=$70K/mo gross potential rent.So, your immediate economic vacancy is $70K-$57K = $13K/mo or 18.5%Now you take your new gross potential rent and subtract physical vacancy of 10% (long term assumption), 2% for collection losses, 2% for bad debt, 1% for non-revenue units and concessions.
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25 May 2015 | 9 replies
@Mark Parzych I like the aspect of house hacking and gaining experience in a rehab.