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Results (10,000+)
Alan Bosca Alternative to carpet that don't HOA create noise issue?
3 February 2020 | 3 replies
i haven't looked recently at the advancements, but are there any alternatives to carpet people suggest, including hardwood, that don't create a noise problem.Also, since a rental, I wouldn't want it to be cost prohibitive.I also like the idea of something that is a bit less maintenance than a carpet which is sometimes a pain to clean, repair or replace when tenants move out.Thanks for any input!
Jared Smith Arizona Market Update: Great News!
25 February 2020 | 4 replies
High demand to own was fueled by record population growth and the number of people employed has never been higher.As the population increases for the last 3 consecutive years, the US Census Bureau published data that showed Maricopa County (Greater Phoenix/Southeast Valley) gained more people than any other county in the US.
Erfan Haroon How to leverage 8 (paid off) single family homes?
3 February 2020 | 1 reply
I also do not want to lever the total value of the properties above 50% (this will help immensely if there is another 2008 like downturn or any type downturn for that matter)(most conservative non-traded REITs like Blackstone use around 50% leverage as well) All 8 of our properties are very similar to this one example below.Using 5% Vacancy, 7% Repairs, 7% Capital Expenditures, 0% Management (self managed) in rental analysis calculator -Property A (paid cash) Year 1Purchase price: $80,000 Rent $1000/mo or $12,000 annualTotal Annual expenses $5,240Total Annual cash flow $6,760Cash on cash ROI $6,760/$80,000= 8.45%-Property A (Traditional 30 year fixed, 25% down, 5% rate, $2,500 closing costs) Year 1 Purchase price: $80,000 Rent $1000/mo or $12,000 annualTotal Annual expenses $9,105.12Total Annual cash flow $2,894.88Cash on cash ROI $2,894.88/$22,500= 12.87%-Property A (Alternative Lender 10 year, 25% down, 5% rate, $2,500 closing costs) Year 1 Purchase price: $80,000 Rent $1000/mo or $12,000 annualTotal Annual expenses $12,876.72Total Annual cash flow -$876.72Cash on cash ROI -$876.72/$22,500= -3.90%-The one alternative lender I found does not make sense as it creates a negative cash on cash return.
Ryan Proffit Building a Modular Multifamily on existing lot
8 February 2020 | 9 replies
Alternatively, I could see how a single story prefab or modular might make sense.
Account Closed Emails and Communication
10 February 2020 | 1 reply
Are there ways to use an alternative phone number online or for cheap?
Nandy B. Part-Time investors... what fuels/motivates you?
10 February 2020 | 3 replies
However, I m finding my unhappiness at work is fueling my drive to push thru with real estate.I m not at a position to go full-time just yet, so when I m exhausted and unmotivated the first thing I think about quitting is my real estate education or training, until something crazy happens at work😂.
Dallas Easter 25% down for 2-4 unit properties?
11 February 2020 | 5 replies
You may be able to find a lender that offers alternative financing with less than 25% down however it will not be a Fannie/Freddie loan.  
Daniel Schiller Selling directly to Zillow - experience?
10 February 2020 | 4 replies
I imagine there are imbedded fees that might exceed agents commissions, but I’m looking to move some personal properties quickly, and this seems like an interesting alternative to the traditional process.
Matthew Mello First investment property
10 February 2020 | 8 replies
@Matthew Mello if I were you, I'd try to do an "apples to apples" comparison between the two alternatives you're most interested in.For example, pick a neighborhood in Providence and one in Fall River, and then find a 3-family on the market in each, with the same # of bedrooms and roughly same square footage, roughly same parking situation, etc.Then start working up a spreadsheet of income and expenses for each.
Jane S. Tenant delaying lease signing should i get deposit
12 February 2020 | 35 replies
When it comes to being a landlord, I just want a good tenant.Finally, the only thing to do, despite the alternate views I've expressed, is to keep marketing until the lease is signed and, to not sign a lease until money is paid.