Marlow Jones
Building a new house.
11 October 2018 | 3 replies
Go to an online source to find plans.
David Cowan
At what percentage of ARV are you using to buy in Hampton, VA
15 October 2018 | 2 replies
For flipping or wholesaling, we buy based on being able to meet enough profit for the price point to make it worth our while based on the total investment required for purchase, holding, rehab and sale.
Peter Ceo
Tenant has trouble with payments month #2 after PM took over
11 October 2018 | 7 replies
Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.
Ben M.
General Contractor license
18 October 2018 | 10 replies
License, online with the state/county licensing division.Insurance, Only by an insurance certificate (Accord form) directly to you from the insurance agent.
Charlie E.
Abandoned Box stores?
13 October 2018 | 4 replies
It depends on the box size, where it is at location wise and demographics, site lines, access with cross traffic, and if dark but current tenant still paying or totally vacant.Smaller box sizes usually have a long list of tenants waiting to go into the spaces in strong markets.
Kyle Asher
Looking at an REO.... Help!!!!
14 October 2018 | 3 replies
Automated voicemail and offer process is online.
Patrick Philip
What do you think about this contingency clause?
15 October 2018 | 30 replies
We all know buyers frequently site things like "inspection", "neighborhood review" etc as a reason to kill a contract, even when that's not the real reason.I just think it's not right to totally negate the risk of a buyer losing EM, EM is a required element for good reason.
Yolanda Martinez
[Calc Review] Help me analyze this deal
11 October 2018 | 2 replies
Download PDF Edit Report Discuss in Forums Other Actions $1,500.00 Monthly Income $786.67 Monthly Expenses $713.33 Monthly Cashflow 12.53% Pro Forma Cap $10,024.00 NOI $18,480.00 Total Cash Needed 46.32% Cash on Cash ROI 18.26% Purchase Cap Rate Expenses Income 50% Rule Total operating expenses: $664.67 Mortgage expenses: $122.00 Vacancy: $75.00 Repairs: $75.00 CapEx: $75.00 Insurance: $150.00 Management: $150.00 P&I: $122.00 Property Taxes: $139.67 $54,900 Purchase Price Purchase Closing Costs $2,500.00 Estimated Repairs $5,000.00 Total Project Cost $62,400.00 After Repair Value $80,000.00 Down Payment $10,980.00 Loan Amount $43,920.00 Loan Points $0.00 Amortized Over 30 years Loan Interest Rate Monthly P&I $122.00 Total Cash Needed $18,480.00
Jordan Devries
CANADA Top Cities to invest
10 October 2018 | 0 replies
A lot of the articles I'm reading online name Brantford, ON as THE place to invest in 2018.
Patrick Philip
Has anyone here ever raised lots of private money for a purchase?
12 October 2018 | 4 replies
You will have to hire a securities attorney to work with and guide you through the legal structure as well as the legalities of the capital raise.Bottom line, it's totally possible to raise the funds, but you need to have the right structure in place and a track record to support it.