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Results (10,000+)
Troy Hardister Help! with Purchase Offer using Seller Financing
13 April 2018 | 2 replies
These offers have a purpose to outlay the following circumstances: Offer 1 – asking price with traditional financing, offer 2- offer based on NOI and local cap (what would prob be norm if they took to market), offer 3 – lower purchase price (higher than NOI/cap offer but below asking), using 97% seller financing & preferred terms (don't know what they will say unless you ask :)).Buyer Performa used for all offers:Scheduled Rent: $3,900 Tax & Ins.: $850 8% Vacancy Rate (average is 7-8%) 4% Management Expenses 10% Capx/Maintenance (I’d prefer 15% but I’m ok with this giving value add opportunities I've identified) Offer 1 – I want to show the seller what their ideal deal looks like with their asking price and how it doesn’t work with traditional financing that creates negative cashflow for buyer.Purchase Price: $400,000 Down Payment: $80,000 Loan Amount: $320,000 Loan Payment: $2,292 monthly (bank with 6% and 25year amm.)
Ricardo Diaz first time investor dilemma
28 April 2018 | 8 replies
I want to start investing in real estate and bring in some cash flow. but there is two options that I need help with. there are two locations one less desirable but still you can find some good houses but alot of choices and the prices on the houses are very low. or go to another location where is more desirable but fewer houses I say like 5 percent compared to 80 percent of houses. but the houses are twice the price . you will get better rents but pay higher mortgage. another thing to add. pricier homes have alot less taxes. as a first time investor not knowing what to expect where should I lean too first. thanks guys for the info in advance.
Jonathan Bowen Do you flip houses? Redfin and Zillow are your competitors!
14 April 2018 | 5 replies
I think the best approach to this situation is when dealing with (beginner) investors who are referencing properties they have seen on Zillow, show them the margins of those properties compared to properties you are have available.
Jesse Os Solid-surface Counter Tops
28 January 2019 | 3 replies
chinese quartz and granite places are all over our area now... very cheap compared to 5 years ago..
Carloz Gil What shape do you like your properties to be in?
23 April 2018 | 22 replies
That's a deal killer as well as a really poor location compared to the neighborhood. 
Tom Wolff Bought my first tax deed land, Arizona
22 January 2020 | 8 replies
Real estate agent said comparable dirt lots with no utilities went for 45-50k back in 2017 and the market value has only climbed since then. 
Michael Klinger Fed ID Question LLC related
18 April 2018 | 4 replies
To me that says that these LLCs are single-member LLCs that are disregarded for federal tax purposes
Jon Peterson Anyone have experience w/ owning short term rentals? (airbnb,etc)
23 April 2018 | 4 replies
This helps get me a look at average nightly rates, average and medium occupancy, see any seasonal changes, and lets me compare different size units along with amenities offered by top listings.
Justin M Christian What Info do You Capture in CRM for Lead Generation
18 April 2018 | 3 replies
The purpose for this CRM is build a seamless lead generation tool that allows leads to flow directly into our platform, so property managers have a single platform that can handle lead generation, property management and accounting. 
Allen Farmer Property Management Pros and cons ( I am a newbie)
18 April 2018 | 2 replies
Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.