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29 January 2020 | 5 replies
Getting a loan for an LLC has been super simple for us.
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28 January 2020 | 0 replies
Having a strong pool of competent contractors was vital.
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22 February 2020 | 11 replies
The temptation is to price it a bit high and hope to make a little extra and the result is that it will take a while to get an offer and most likely it will be less than full price.With a property like this I follow a simple strategy.
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30 January 2020 | 10 replies
Seems like a simple enough cash for keys scenario.My question: There's 4 months left on the lease, so what is a reasonable offer to buy them out of their lease?
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29 January 2020 | 1 reply
Hello All,I am looking for a good simple mortgage template I can use for.
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30 January 2020 | 4 replies
Sometimes its as simple as replacing a boring light fixture in a kitchen, adding a programmable thermostat, or removing troublesome landscaping.
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2 February 2020 | 21 replies
Either or works Well just use this as a simple example 24 Unit apartment Complex ( B- or C + type property Purchase Price - 1,920,000 ( $80k Per Unit ) may be low in this market Down payment - 25% = $480,000 Rehab - $ 6,500 per Unit ( some units more than others ) = $ 156,000Common Rehab - Water Heater , laundry room if it has one , Paint of building , landscaping , windows , parking lot , roof ( 10k - 70k ) This ranges a lot depending on the property Closing cost - 20-30k tax - 7,000 / year insurance - 12,000 ( wind n hail , general , fire ) / per year Property Management ( 10 % ) = 2,160 / per month vacancy - 10 % = $ 2,160 per month Cap X ( fridge , window , curtains , doors , paint , roof , pavement ) - 1,080 / per month Landscaping - $ 800 per month simple repairs - $ 500 -900 per month common area electric - $ 300 per month Mortgage $ 7,500 ( 30 year amortization , 4.75 % rate ) Income - $900 per unit = $21,600 , this varies based on area .
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29 January 2020 | 2 replies
It is really pretty simple.
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29 January 2020 | 1 reply
I’ll try to keep this short and simple I’m 21 I have no credit so I’m working at the moment to repair it while saving money recently I had to switch jobs I was selling life insurance and now I work with a radiology group I’ve only been at this job a couple months and it just occurred to me that I need 2 years of proof employment it was only a couple of months between jobs does my 2 year “clock” restart?
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24 February 2020 | 12 replies
Those are simple 2 common ones.