Chris Martin
Philip Williams
54% ROI on a flip & the importance of running comps properly
10 August 2019 | 12 replies
The land had horse stable and a riding ring.
Andy Mirza
E-recording Documents is the Best Thing Ever!
2 November 2019 | 3 replies
One of the best improvements we made this year was e-recording our own documents.
Kris Chavious
Jillian B.
Investing in my own home with an ADU.
9 December 2019 | 37 replies
Choose fixtures, finishes and appliances that can be upgraded later when the finances are stable.
Shawn Hansen
First Deal...what am I missing?
24 November 2019 | 2 replies
Duplex - 2/1 both sidesPurchase: $97K all cash no and includes realtors work for finding the dealRehab: $20K (floors, kitchen/bathroom, paint and other cosmetics)ARV: $135K (will then refinance at $101K leaving roughly $16K in the deal)Rent: $800 each $1600 total (current tenants on month-to-month at $500 on both sides)Vacancy: 10% ($160), CAPEX: 8% ($128), Property Mgmt: 10% ($160)Mortgage: $376, Taxes: $150, Insurance: $100Lawn Care: $100, Septic: $13Cash Flow: $413, CoC: 30.9%Property is in a very stable C Class neighborhood.
Benjamin Greene
Amnaya A.
Is cash-flow considered a demerit for tax purposes?
7 January 2020 | 13 replies
For example, if you're financially stable and secure right now, you may focus on appreciation.
Elle Mercer
Kim Forgione
fair property management fees?
9 January 2020 | 6 replies
I also charge $35 for each door to e-file the 1099, and send the owners operating statement.