Dan Miller
Phone service to handle calls
27 April 2008 | 7 replies
I have been very happy with ringcentral.com If you want a live operator try patlive.com
Matt Brown
Taxes of flippin' a property
23 June 2008 | 19 replies
The mileage allowance is lower than the cost of OPERATING a vehicle, so real "business people" don't automatically get a Benz or Beemer to drive around looking at property.Meals and entertainment-you only get to write off 1/2 on these but you shouldn't be eating at "Chez Expensive" when working on flips anyway.I'm sure that "some" people might accidently buy something for their residence and have the receipt fall into the folder for one of their flips.
Raymond Berndt Jr.
Short Sale Leads...
14 June 2009 | 12 replies
We suggest it may be worth dealing with an organization that specializes in your area.
Steve Weber
Seasoned Investor Says Hello !
11 August 2008 | 2 replies
It is my Hope that those reading this will want to Connect and Share their Experiences with myself and our organization in a manner that we're accustomed to sharing abundantly with others.
Bob Bates
Finding deals, particularly MF deals
14 August 2008 | 4 replies
Contact the broker and ask for current operational numbers.
Dave Kennedy
Apartment Complex Investing
20 September 2008 | 13 replies
He says that multi family investment property loans are based on the operations of the building (rent/expenses) and not your income.
Michael Sokolski
Planning my first REI
14 August 2008 | 9 replies
LLC's have operating cost and you don't want to incur those costs then never purchase.
Marilyn Casey
Looking to network in the Carolinas
25 August 2008 | 5 replies
Where I'm at the only 'clubs' are made up of homeowner organizations that promote anti-landlord restrictions.
J Y
Interested In Real Estate
17 August 2008 | 33 replies
I have yet to see or hear a single guru talk about the difficulties of the business or discuss the truth about operating expenses, cash flow; or other serious matters.Having said all that, you will certainly read many books and articles while acquiring your education and starting with one book as opposed to another isn't terribly important.
Juan Nunez
Should I walk from this?
13 August 2008 | 3 replies
I cannot go for this without first asking here...This looks like it will cash flow but I must keep in mind that I have to repay that HELOC or Refi in a year and cash out if possible.Price: 123,500.00Down :3% 3,705.00Closing Cost: 1490.20Repair (Heloc at 5.24)% 20,000.00Out of Pocket: 25,194.20Mortgage Rate: 6.30 Rental Income: 2,250.00 Monthly AnnualGross Potential Income: 2,250.00 27,000.00Total Expenses: 1,265.00 15,180.00Net Operating Income: 985.00 11,820.00Debt Service:Mortgage:741.50 8,898.00Cash Flow:243.50 2,922.00