14 March 2017 | 8 replies
When the tenant is in a valid lease and they are not breaking the lease in any way and are wanting to stay, it's pretty hard to get rid of them before the lease ends unless you offer them some sort of incentive.
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16 March 2017 | 6 replies
I did it within 90 days (Sort of) Items Standard Cash Flow Actual Cash Flow Purchase Price $47,000 $47,001 Repair and other costs $6,500 $6,500 Total Cost $53,500 $53,501 Cash to close $13,375 $53,501 Monthly Rental $920 $920 Mortgage (25% down 30 years) $185 $0 HOA & CPA $38 $38 Insurance $50 $51 Property Tax $142 $142 Mgmt (10%) $92 $0 Vacancy (5%) $46 $46 Repairs (10%) $92 $92 Sub Total of Monthly Maintenanth $644 $368 Monthly Income $276 $552 Annual Income $3,310 $6,621 Cap Rate (Net income / purchasing price) % 6.19 12.38 Cash on Cash % 24.75 12.38Photos.Lessons Learned#1.
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16 March 2017 | 4 replies
But typically you get a discount of some sorts.
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14 March 2017 | 2 replies
I figure to have 72k after 2 years in savings if not more and I don't know what sort of plan I should follow.
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2 June 2017 | 11 replies
All that damage is sort of creepy to look at...
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15 March 2017 | 11 replies
A job of this sort would require pulling a permit involving FPL (power and light company) to disconnect the main feed.
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23 March 2017 | 47 replies
I find them to be heads and tails above most of the attorney closers simply because they have huge budgets and unbelievable customer service.Like we never go to a closing.. and checks are all hand delivered for our commissions from couriers.. the title company pays for... 24/7 access to their data bases if your a big enough account.customer service dial in and get a trio in 90 seconds.. in our area that is a copy of the last recorded deed the tax information from the county and a plat map... so in 90 seconds you know who owns it all the tax info and a plat map.. all for free.then for me as a land developer there is the whole developers service department they run our plats do all sorts of work all for free.
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22 June 2017 | 8 replies
If you look at everything in the neighborhood in your property's square footage/age/condition range that's sold in the last 6-12 months in the neighborhood, as well as every active and pending listing in the neighborhood, you (or a local broker that's competent at analyzing that sort of data) should be able to get a really good idea of what needs to happen to sell your house.
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15 March 2017 | 3 replies
And can clearly explain the pros and cons of using each sort of metric for analyzing a property?
1 August 2017 | 16 replies
Don't use Zillow in CO for that sort of comparison.