27 March 2017 | 11 replies
The owner is 70 years old and has had the park for about 30 years.They are currently getting $2450/month for rents, but has the ability to gross $4200/month if fully rented out at the $200/month rent.They state their expenses are:$600/year insurance (seems low?)
9 May 2017 | 35 replies
@Steve Vaughan yes... the bankers really don't have the right to unilaterally make decisions.. that was the savings and loan days and you know where that ended up.also you have to realize unless you have a LOT of deposits with them 500k in cash or more or a lot of loans into the multi millions.one 107k they simply do not make any money on that.. they get their funds from the fed at about 3% lend it to you for say 5.5 or 6 they make a whopping 2500 or 3000 a year GROSS then they have their over head and expenses of setting the loan up doing all the paper work..
17 July 2017 | 19 replies
We are now long distance after being stationed as DOD employees with the Army in Italy and now back in D.
30 December 2016 | 14 replies
Baltimore investors are complaining about how margins are dropping yet it was listed as one of the highest gross margins.
5 January 2017 | 11 replies
Gross Rents are $5480 and the purchase price is $625,000.
12 January 2017 | 2 replies
some off the cuff ideas (some may require getting employees or establishing a building)open a shooting rangepaintball fieldlivestock rangecampgroundrv parkingprivate wilderness toursfarmlanddrive in movie theatredig a hole and stock a fish pond
4 November 2016 | 7 replies
Laws very by state but in Missouri you can assign responsibility for all claims and damages to the tenant and require the tenant to hold harmless and indemnify you for everything except damage resulting from the sole gross negligence of you as a property manager.
19 July 2018 | 15 replies
There are several areas where you can pick up move-in ready SFH's in the $120-$140k range that will generate $1k-1100 in gross rent.
30 September 2016 | 9 replies
Whenever you pay a GC, make sure you get a partial lien release signed by the GC, the subcontractor and every employee in the job.
28 September 2016 | 8 replies
My investing goals are tied directly to gross monthly cash-flow to build my portfolio and gross income overtime.