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10 September 2017 | 2 replies
Once I give the details of the owner financing how should I structure it to include some meat on the bones for me as the wholesaler assigning the contract.Thanks
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13 September 2017 | 9 replies
You have one meter I assume electric is included.
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10 September 2017 | 8 replies
Depending on the damage, this hurricane will definitely affect real estate prices in South Florida including Miami.
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9 September 2017 | 2 replies
Well i paid 173000 total including the downpayment and thats what Zillow shows for how much the home sold for.
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3 October 2017 | 10 replies
At some point, you'll have to replace roofs/water heaters/ furnace/ AC coil/ upgrade kitchen and baths and the rental income needs to be able to support it.Property analysis should include PM.
10 September 2017 | 10 replies
There is TONS of helpful and well-educated people on BP, including myself, though my expertise lies in developing and rehabber, I am knowledgeable on many things in REI so don't be afraid to connect with me and ask away.
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9 September 2017 | 0 replies
Some of the things I would like to include. keeping in mind the property is in California.I would rather not rent to smokers but If I must could I charge a smokers fee?
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11 September 2017 | 7 replies
Do we accept putting additional cash into our first deal or do we keep our eyes open for another deal.Original Offer:Price: 153k ($31k into the deal)Anticipated rent: $2,000k/monthOperating expenses: $9.4k / year (includes management, cap ex, vacancy, taxes, insurance, etc.)Cashflow: $4.2k / yearCash on Cash return: 13.68%The appraisal came in at 146k and they raised some very valid points on why the property was not worth 153.
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12 September 2017 | 8 replies
It still projects to cash flow anywhere from 8-11% over a 5 yr hold, with a total return of over 100% to the investors including capital gains at sale.
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11 September 2017 | 2 replies
He offers a few different commission plans including 100% commission.