Brandon Juneau
Subdivision Restrictions: Disapproval b/c adjacent Lot violation
18 March 2016 | 0 replies
The same problem exists if the driveway was placed on the other side of the Lot, though that adjacent owner's driveway placement is correct according to the driveway layout plan.
Raymond Ebbeler
Raising capital
5 April 2016 | 14 replies
Yes, it is time consuming; and yes, you do take a risk of your application being turned down; but there are many steps you can take ahead of time to help ensure success.FIRST, before you even consider writing a grant, make sure you have on file the kinds of documents you'll need for most grant submissions: Mission statementBy-laws and articles of incorporationOrganizational chartOrganizational historyAudit or, if an audit is not required, a financial statementFavorable newspaper articles about your organizations, and other PR materialsSufficient copier paper, FedEx packages, binders, dividers, etc.Having these at the ready will make the writing process go much easier.SECOND, after you've done your homework and isolated a funding source to which you want to apply, READ THE APPLICATION CAREFULLY.
Derek Gendig
Who is currently buying MFH? What CAP Rates are you expecting?
15 June 2015 | 13 replies
They can all work at different times, imo.Good luck finding your own method.Rich Awesome insight Rich,This is the same track I've been researching, thanks for the post to reiterate that there are others other there on this same path:- the balance between cash flow, tax shield from depreciation, and projections to figure out how to net "0," on paper or as close to it as possible- building up the passive activity loss bucket in anticipation of properties or other income producing activities that have income that exceed expenses and depreciation so I can keep the net "0," balance for tax shield purposes- use of entities, revocable and non revocable trusts, and Life insurance to exit life with no estate tax, fund trusts with perpetual income and asset growth by auto/default design to perpetuate indefinitely into future generations
Mary lou L.
Books from Bigger Pockets for Kids/Teens?
2 June 2015 | 4 replies
I saw a video on here where the dad was reading a book about his rehab to his children.I think it would be fun to have some books that talk about rehab and other real estate concepts, with more advice and instruction to young adults.My granddaughter loves Bob the Builder and has "helped" me on a few house projects. mostly spackling and painting, (she is 4 lol)I think a pop up book with before and after pics of houses, a tape measure that can be pulled out to measure stuff, a piece of pretend sand paper to "sand" a rough spackling job ect.
Ben Bard
Oil heat paid by owner is it possible to convert to subme treed and paid by tenants
25 November 2014 | 4 replies
What is the layout of the units (e.g. all stacked above each other, all side by side)?
Chris Nordella
First Kansas City Turnkey Purchase
13 August 2018 | 136 replies
I know it always looks better on paper so we will see in 12-13 months where the numbers actual fall.Purchase Price: $85,000Down Payment: 17,000Estimated closing costs after credit: $1,100ishTotal Cash Out of Pocket: $18,100ishMortgage Payment: $365Rent: $948Gross Rent: $11,376Estimated Expenses:Property Tax: $486Insurance: $675Property Management: $910Vacancy: $910 (8%)Maintenance: $910 (8%)NOI- $7,484Cash Flow: $258.66Cap Rate- 9%COC Return: 17%Again, follow along as this newbie enters the world of REI.If you comment, please make it constructive.
Josh Cohen
Running numbers and the unknown
21 February 2017 | 2 replies
I recommend you stay off the calculators until you understand the basic math using pencil and paper.
TJ Angelo
Buying a HUD Home in Pittsburgh, PA - Allegheny County
28 October 2017 | 15 replies
If nobody else is inhabiting the place during the first year except me doing the repairs, is it in alignment with the rules if I complete whatever paperwork is necessary to make the HUD house my primary residence on paper (although I won't be officially living there because the repairs aren't done)?
Joseph Sangimino
Calling all interior designers!!!... NEED KITCHEN ADVICE
11 October 2017 | 7 replies
The kitchen was the trickiest part of the house due to a VERY poor original layout - but I did my best to make it the most functional and aesthetically pleasing kitchen I could.