Ben C.
House Flipping ROI Question
4 February 2016 | 6 replies
The simple ROI formula is profit divided by total cash out (leveraged funds excluded).This is why you can often see huge and even infinite ROI numbers when the cash outlay is minimal.Example, down payment, utilities paid, renovations costs not financed, insurance payments, and all other cash out of pocket equals your cash investment.
Rich Ferradino
First Mobile Home Park Under Contact
6 February 2016 | 7 replies
There are 9 Mobile Homes which are mostly 1990s, and only 4 are currently rented for a total of $2650/mo, 3 vacant,the remaining 2 need to be repaired, and the last pad is vacant. 3.4 Acres, city water (master meter), septic tank, and individual electric.The deal financing was $200k, $30k down, 6% interest, for 10 years.I know the unofficial formula is lot rent x # of units x 12 x .6(owner pays utilities) or .7(tenant pays utilities) x10 (CAP). then you add in the wholesale price of the mobile homes to get to your priceWe are planning on renting the land and home as a package deal.
Jaison Bloom
Seeking Rent-to-Own Partner(s) in York, PA
9 February 2016 | 3 replies
I've been servicing a few flippers in buying properties and have come to the conclusion that I can provide a valuable service and earn by contracting rent-to-own buyers to utilize myself for their transactions.
Nick Vondrachek
Greetings from Minneapolis!!
9 February 2016 | 3 replies
Looking forward to interacting with with all of you in the future!
Joseph Stapleton
Thoughts on Interactive Shares - Crowd-Funding Platform
12 May 2016 | 1 reply
Looking to see if anyone has had any experience or can give any advice when it comes to utilizing crowd funding, equity sharing platforms?
Amanda Groover
Best move for a novice with debt?
9 February 2016 | 6 replies
Utilizing that payment plan I should be debt free personally this year.
Daniel Hansen
New Investor in Winston-Salem, NC. Hi everyone!
9 February 2016 | 3 replies
I'm ready to begin interacting with you guys!
Max T.
Life insurance options - question
17 June 2016 | 22 replies
Whole life insurance product is 160 years old.No company or a product can survive unless it provides benefits and utility to its owners.For example, a cash value in a life insurance policy can be turned into annuity to pay a monthly income for the next 70 years, when a need to protect assets or family (i.e., young children is not longer an issues)Ask these financial gurus to help you pay for your term insurance contract when you are 60 or 70 years old.
Silas K Garrett
Warehouse Rental Space Deal analysis
13 December 2021 | 4 replies
I can’t exactly comment on the utilities since every city charges different rates for water/sewer taps, & contractor pricing varies, also depends how far they have to run utilities but from my research steel building materials cost $15/sqft.
Casey Kooiman
How to Structure this Deal
11 February 2016 | 1 reply
Recently found a duplex I really like and was hoping to get some feedback to keep me in the right directionHouse Price: $125kAnnual Taxes: $2700Total Rent: $1455Tenants pay all utilities except water ($1200 a year).Place is in immaculate shape - unlikely repairs are needed any time soon.Does this seem like a decent buy?