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6 September 2020 | 0 replies
Building and 2 trailers "remodeled" (I haven't seen them yet)21 spacesI have spoken with owner/operators (mom & pop type) and the actual and current financials are:Income 7900 (I calculated everything at 7600 to be slightly conservative)Expenses 1600 (includes all utilities)My calculations set aside 30% for Maintenance/Cap Ex/Management.Our offer would be 500,000 @ 3% with 120k down, 15 years.This means we would only cash flow $1100/m but would have a valuable asset in 15 years.
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8 October 2020 | 44 replies
Knowing how to get that done is a valuable skill for a smaller shallow-pocketed investor.If the investor is able and willing to get their hands dirty, this can be a very affordable fix.
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10 September 2020 | 9 replies
So crisis averted, but we learned a valuable lesson.
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9 September 2020 | 11 replies
I would like to add I have learned many valuable lessons from this and am not trying to take advantage of the situation.
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14 September 2020 | 24 replies
@Jonathan HasanIf you’re earning $31,200 gross annually I would focus your attention on becoming a more valuable employee.
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13 September 2020 | 1 reply
I've read a couple books but the most valuable info I've learned has been hyper local!
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14 September 2020 | 5 replies
This post is a really good question and I thank you guys for proving your valuable responses!
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15 September 2020 | 5 replies
@Michael Plaks @Eamonn McElroy@Ashish AcharyaThank you guys for your valuable inputs.
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14 September 2020 | 1 reply
I think the house is too valuable to turn over to a flipper and be done with it.
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15 October 2020 | 106 replies
The big take away here is that you are ready to do the next deal, and there are valuable life and business lessons in this investment (I still think it was a massive investment).