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8 November 2017 | 3 replies
PURCHASE COSTS: Purchase Price ($62,000.00) Inspection(s) $400.00 Appraisal(s) $450.00 Survey(s) $0.00 Lender Fees/Costs $0.00 Closing Costs ($5,200.00) Other $0.00 Total: -$66,350.00 REHAB COSTS: Labor (from page 2) ($13,900.00) Materials (from page 2) ($16,380.00) Total: -$30,280.00 HOLDING COSTS: Mortgage Payments $0.00 Property Taxes ($300.00) Insurance ($700.00) Utilities ($900.00) Lawn Care $0.00 Other $0.00 Total: -$1,900.00 SELLING COSTS Selling Price $130,000.00 Commission To Agents ($7,800.00) Buyer Home Warranty ($500.00) Buyer Termite Letter ($50.00) Buyer's Closing Costs $0.00 Seller's Closing Costs $0.00 Total: $121,650.00 PROFIT: $23,120.00 On to my questions:- Other than potentially needing to pay some of the end buyer's closing fees, am I missing anything else that should be accounted for?
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8 November 2017 | 8 replies
I like to take care my properties myself and do a face to face interview and see how she dress in order to get the feeling on how neat she is but I am living in oversea now.
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15 November 2017 | 7 replies
Unfortunately, this happens more often then I care to see.
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10 August 2019 | 35 replies
To me that means the details are taken care of by the turnkey company, otherwise why wouldn't you just put your own team together on the ground there (agent, inspector, contractor, property mgr)???
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15 November 2017 | 5 replies
For a complete beginner who cares about getting higher returns, in my situation is there a clear winner for SFH vs MFH?
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20 November 2017 | 24 replies
I'd be careful if it's in the Northwest corner of Independence.
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16 November 2017 | 4 replies
I don't care about the 4th unit because this would cash flow w/ just the main house/duplex and ADU.
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14 November 2017 | 6 replies
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15 November 2017 | 7 replies
I agree with you that it is not an ideal way for a her to get into a home when she is trying to stay ahead with work, all while also taking care of the kids.
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15 November 2017 | 3 replies
Personally, I could care less about medical bill collections.