Michael V Akbar
Best ideas on Capex ratio
9 July 2018 | 8 replies
Also, note that that is in addition to the $450-$550 per unit in repair and maintenance each year.
Assaf Kehati
Is it a good time now to buy my first investment property?
3 July 2018 | 29 replies
Additionally, the property itself won't put stress on you as long as it is continually producing positive cash flow.
Peter Hanson
My very first $100,000+ net profit flip
5 July 2018 | 19 replies
It was fixed and just closed on 6/14/18 for $759,000.Breakdown/Deal Numbers:Acquisition Costs (AC): $525,000- Purchase Price: $510,000- Closing Costs: $15,000 (hard money points and fees based on $408,000 loan amount)Rehab Costs (RC): $80,000Monthly Mortgage costs: ($2890 per month for 6 months = $17,340)- Utilities: $600Selling Costs: 2.5% (as a Broker I listed the home myself and saved the other 2.5%) Sales Price (SP) $759,000 closed 6/14/18- Commissions to Selling Agent: $18,975-Selling costs (property taxes, title, escrow, etc) $8,000Total Net Profit: $109,085 – Taxes & Any Additional Selling Costs- $759,000(SP) - $26,975(SC) - $17,940(HC) - $80,000(RC) - $525,000(AC) = $109,085Before:After:Thank you for reading.
Eric Merhar
New investor diary - Follow along in my journey Part II
8 July 2018 | 3 replies
If the property with the squatter was a good deal why not buy it as-is with squatter (and an additional discount 🙂) and then get him out?
Jeff McKee
Austin, TX GC & Homebuilder Recommendations
4 July 2018 | 1 reply
This lot will support 2,800 buildable square feet so we are looking a building a main house then an ADU (Additional Dwelling Unit).
Jacob Morgan
Switching Agent for buying a Home..with Buyer loyalty Agreement
28 June 2018 | 2 replies
My statements are simply some dolt on the internet.If you were in my area and signed an "Exclusive right to represent".
Jesse Ballou
San Antonio Investor Generating Checklist for Buying BRRRR Props.
30 June 2018 | 2 replies
An additional 10 - 15% .
James Wynn
Short Sale Approved in Costa Mesa 3 bed 1 Bath 7500 + Lot
29 June 2018 | 1 reply
Due date July 6 or I could file additional BK to stall ?
Edward C.
Selling half of portfolio to paydown mortgages?
29 June 2018 | 9 replies
the additional 400-500bps in an alternative investment is nice, but not the primary consideration.
Trevor White
Multiple Business Functions In One LLC?
2 July 2018 | 7 replies
I also have a bank account and credit card using the current name of the LLC.I'm happy to provide additional details if needed.