Jordan Garcia
Florida Fix and Flip Issues
2 April 2018 | 1 reply
Jordan Garcia I am an investor (buy and hold and rehabber) and an agent in the area, would be glad to chat with you more about some common things that I see.
Gerald Peters
What percent profit would you expect on portfolio 12 Units?
2 April 2018 | 4 replies
Value 1.3 MillionObvious expenses Taxes, Insurance, allocating 12% to maintenance.
Jeremy G.
About to make an offer on my first Multifamily house hack
4 April 2018 | 10 replies
There could potential for more income if they don’t.Also could interview tenants and see if there is a common pain point that you can solve and charge for.If you need help feel free to message me!
Jenny Stallings
Help!!! I am purchasing a home FSBO in Michigan.
4 April 2018 | 3 replies
If you've already signed a contract, it's too late to bring in an agent, but you can still have an attorney watch out for your interests.The seller choosing the title company is common in my area, although I'd make sure it's a large company, rather than some mom and pop shop.
Deanna Boss
Appliances - What is Landlord's Responsibility to Repair/Replace?
10 March 2020 | 9 replies
Unless you explicitly stated in your lease "washer and dryer repair and maintenance is tenants responsibility".
Chris Gancarz
East Garfield Park Chicago Opportunity
3 April 2018 | 1 reply
Even if you increase that 2nd unit from $750 to $1000, doesn't seem to cash flow that great after maintenance/vacancy (i used 15% in my modeling).my 2 cents. good luck!
Corie Carpentier
What all included in rent?
3 April 2018 | 4 replies
Things I'm wandering are HOA fees, certain utilities, yard maintenance?
Tripp Wylie
Seller financing opportunity
3 April 2018 | 2 replies
Accounting for 8% property mgmt few, 5% maintenance, 5% vacancy, 5% cap ex even though it is freshly renovated.
Taylor Cochran
Deal Analysis:House Hack a 700k Home Purchased for 500k
4 April 2018 | 14 replies
@Taylor CochranOkay.So, you have to treat this like a buy and hold rental with you also living in one unit.So, you need to calculate the cash flow and the ROI.On the surface, if you're renting part of it for $1,750+ and mortgage would run around $2,500 at 4.5% interest rate.That leaves you with a negative cash flow for the investment before you consider property tax, home insurance, and reserves for maintenance, capital expenditures, vacancies, utilities, and property management.You should check out the Bigger Pockets video on rental property analysis.
Joe Garvin
How to structure a purchase with a family member and LLC
3 April 2018 | 2 replies
For her the best bet might be to form her own LLC and have the two llcs take the property has tenants in common.