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6 August 2018 | 18 replies
Once I have achieved financial independence, I would probably be my own GC on my own investments.
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28 July 2018 | 2 replies
As I near my close of service date, I have been preparing as much as I can through books, the bigger pockets website, webinars and real estate podcasts to take on my real estate ambitions the minute I land in the States.
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10 September 2018 | 12 replies
So the numbers (so far) are:Purchase price: 62kARV: 105,000Buying costs: 961.00Rehab: 7-15kUnsure of what the holding costs will be until its rented but I'm estimating 4 months.Utilities: 650Taxes: 300Insurance: 500Interest: 2400So I'll be in it for about 70% ARV.Projected rent: 12000Costs: prop mgt: 1080Maint: 600Capex: 360Utilities: 0 (tenant pays)Vacancy: 1200Tax: 800 (this will go up in october but maybe only 300)Insurance: still getting numbers but no more than 1200NOI: 6760Debt service will be accounted for after rehab and when I find a good refi option, but I figure I'll pay about 5.5pct and have lending costs (unsure of what those will be) associated with it.
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2 August 2018 | 2 replies
I have set up a new lease agreement, arranged payment via Cozy and lined up local contacts for a handyperson, HVAC, plumbing, elec etc. but I am curious as to how to find services to go out and do quarterly/ biannual interior inspections and/or key turn over.
22 December 2020 | 8 replies
I just setup with InCorp, $67/year when purchased for 5 years.I can not comment on the service yet, give me a few months then I can comment
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13 February 2020 | 11 replies
I have set up a new lease agreement, arranged payment via Cozy and lined up local contacts for a handyperson, HVAC, plumbing, elec etc. but I am curious as to how to find services to go out and do quarterly/ biannual interior inspections and/or key turn over.
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28 July 2018 | 0 replies
Hi BP community, got the contract back from the seller, which is a RE service company.
29 July 2018 | 11 replies
The letter basically said she was a great tenant, if he (the landlord) didn't need to move back into the house himself she wouldn't even be leaving (the landlord was a military member who was getting out of the service), and if given the opportunity he would rent to her again without hesitation.
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3 August 2018 | 5 replies
Newbie pending landlord.Which sites/services would you recommend/have experience with for background checks and credit checks?
13 October 2018 | 7 replies
Costs to do business is always factored in to price of goods and services.