Brian Hamilton
Am I overestimating my expenses?
28 May 2018 | 7 replies
Asking Price: $125,000Gross Scheduled Income: $15,900/yearLess 5% Vacancy: $795 Operating Income: $15,105Less Operating Expenses: $7,630Insurance (1% of purchase price): $1,250Property Taxes: $815Management Fees (10% of scheduled income): $1,590Repairs and Maintenance (5%): $795CapEx (10%): $1,590Misc. (10%): $1,590Net Operating Income: $7,475Less Debt Service: $681/month, $8,172/year (assuming a 5% down payment on a 4.5% mortgage, with .8% PMI)Cash Flow: -$58/month, -$697/year
Lavell Black
Title companies in Phoenix
24 May 2018 | 1 reply
Your best bet is to call around and find one that fits your needs.
Thergam Alshara
Group of 4 wondering the most creative way to finance house flip
29 May 2018 | 9 replies
All the rules and responsibilities should be very explicitly listed in the operating agreement.
Ken Nyczaj
Working on first flip- does this insurance sound reasonable?
26 May 2018 | 6 replies
This package provides General Liability coverage for my LLC's contracting operations as well as that of its subcontractors.
Noah Weitzman
Annual fees for being a REA and representing yourself?
9 July 2020 | 11 replies
Could be more if they need more fees to cover their operating cmexpwnse.
Kelly G.
Any 'a la carte' RE services/agents in milwaukee?
26 May 2018 | 4 replies
I would say as a client it has very little practical implications under which umbrella an agent operates; the key issue is to work with someone who understand what you are looking to do, preferably has done it themselves and can advise you.
Matthew John
How do I qualify for Financing?
24 May 2018 | 3 replies
I also have a successful business that operates 100% in cryptocurrency.
Eddie Aviles
Property Management in Skagit County
1 June 2018 | 2 replies
Be a prospective owner and find out how each one operates, do a through interview for each of them.WindermereBlue LakePreview PropertiesSkagit TraditionsThe Rent LadySoriaPiazzaLeading EdgeRemaxJohn L.
Kevin Cannady
Leasing Alabama tax deed property to Billboard companies
29 May 2018 | 2 replies
Hi Kevin, I am not sure, but I will bet @Denise Evans has a good opinion on it.
Devin Wilkinson
Setting up an entity to buy properties with a partner
30 May 2018 | 2 replies
You will want a CPA to do some tax planning with you to make sure you are set up optimally for your situation from the start, and you will want to work with an attorney to talk to every contingency and have it addressed in an operating agreement.