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24 August 2020 | 9 replies
If lot of properties are vacant and available for rental then it's not a good area for rental, and randomly select the vacant properties see a) How good is the property at least in the photos, i know the virtual photos always don't speak for the reality b) How long this has been in the market.
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20 August 2020 | 11 replies
Just random thoughts so take them for what they are worth.1) Sounds like it is through the state.
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21 August 2020 | 2 replies
I think this is a good deal.The social: she has a tenant, a family member, who she has allowed to stay in the property without paying rent for a year (the reason why she wants to sell it and not the other one, I figure).
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27 September 2020 | 120 replies
which is if the owner of the property can rent the place for enough to cover ALL of the costs of ownership including, but not limited toa 300k mortgage payment,property taxesscheduled maintenanceproperty management fees (as you stated)misc repair costsa quick check of the median listed price of a 2 bed condo in LA is, wouldn't you know 389,000.So after 100k down, and the loan origination fees, looks like 400k total purchase is a great figure to go off of....leaving us with roughly a 300k loan.So, at 4% on a 30yr fixed = $1432.00/moproperty taxes escrow = $392/mo (random property listed at $379k)property management = $100/mo (conservatively...)scheduled maintenance = $100/mo (conservatively...)1 repair per year ($480/yr) = $40/moNow, let's look at 2br SFR for rent.
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14 May 2020 | 0 replies
Is there a setting I'm missing that will let me get rid of the things on my dashboard I'm not interested in (blogs, trending topics, random threads) and get back to the way the dashboard used to be?
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19 May 2020 | 4 replies
Believe it or not, I don’t have social media.
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19 May 2020 | 13 replies
Factor in benefits, employer-paid things like workman's comp, tools, office equipment, and employer's share of social security, and let's budget for at least $100,000/year for those two people to work for you full-time, or else you're not going to get quality employees.To generate that level of income, I'd need around 150 units in a stabilized complex renting units for $700+/month.That said...could you hire someone part-time?
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19 May 2020 | 4 replies
You truly never know how someone you meet whether it be through a social forum or at a bar, is going to change the dynamic of your business and/or life.Anyways, my passion for real estate investing began in sort of a bizarre way; it more or less blossomed out of the experience I had suing my college landlord.
4 June 2020 | 11 replies
Use social media to add value to investors (podcast, blog post, your website), and they will find you.
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29 May 2020 | 6 replies
I would use all the social media channels and craigslist, but consider using Zillow as well, particularly because you are selling houses and yours will show up as the least expensive homes.