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8 February 2017 | 7 replies
Some are more expensive than others (HOA) fees, some have central water and sewers while others have well and septic systems; most all have recreational facilities; you will find a wide range of prices, dues and taxes.
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2 October 2015 | 7 replies
If you do not have much cash, a deal where the owner carries a note for what you cannot bring to the table for the longest time at the lowest interest rate will be best.
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3 October 2015 | 15 replies
Ceramic is resistant to water, more so than laminate.
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27 April 2016 | 4 replies
It Has plenty of public road Front and power, but no public water or sewer available. property should sell for about 15k of the MLS, I offered 5k cash or $200 for a 3 year option to buy at 6k.
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8 October 2015 | 33 replies
You said specifically that marking up a piece of real estate by 25% would put this poster into "predatory dealing waters."
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3 October 2015 | 1 reply
-About 500 sq ft of random areas of outdated 80s flooring-Water heater is from '91-A/c 6 years old-Roof looks good-Mandatory $100 social club fee at the Weston Lakes Country ClubThe house next door sold for 205k. 1740sq ft it sold outdated BUT had 3 bedrooms.
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4 October 2015 | 7 replies
It looks like there won't be much need of repair -- I estimate $5000 at most.All the utilities are split out for the 3 units, except for water, which is $200/quarter.If I estimate 10% Vacancy, 10% repairs and maintenance, 5% capital expenditures, and 10% property management fees (I will mange it myself), I get NOI $11,362, cashflow -$212, CoC return of -3%I believe it's in a good location/neighborhood, one that I wouldn't mind living in, and it's close to Newark Airport.I would really appreciate your thoughts.
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8 October 2015 | 10 replies
As for inspecting the plumbing, just depends on how old the house is, how long has it been sitting vacant, through the winter, what kind of water piping does it have, and what type of drain pipe does it have, just to name a few.
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6 October 2015 | 21 replies
Expenses are low because tenants pay their own utilities except for water and trash.
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30 October 2020 | 16 replies
There have been a multitude of warnings on this site about Hubzu and their title company...and yours is just another prime example of why investors should not look at saving pennies when they're leaving dollars on the table by using any title company with a clear record of incompetence.