Eric Schaaf
What Should I Do?
14 May 2016 | 7 replies
Again, no experience so I'll differ to you.I had considered calling the realtor and asking for that information, but I didn't want to waste their time until I felt more comfortable with the numbers and had a serious talk with my partner about possibly moving forward on the property.Updated Numbers.Monthly Income:$3,555.00Monthly Expenses:$2,930.03Monthly Cashflow:$624.97Pro Forma Cap Rate:9.19%NOI:$17,300.00Total Cash Needed:$64,500.00Cash on Cash ROI:11.63%Purchase Cap Rate:10.48%That's with keeping the $395 rent.
Sam Harper
LLC?
18 November 2019 | 50 replies
ATTORNEYS KNOW THIS and they will not waste the time going to through court just to be waiting for a CHARGING ORDER that will never get fulfilled.If we just owned it together, without an LLC, or you own a property, on your own, without an LLC, the judge could Demand that we/you Sell the property and give the profits to the Suing party.
James Bynum
First flip and we actually made some money!
20 May 2016 | 17 replies
It is horribly frustrating to waste my time everyday looking at potential "Money Makers" that are advertised and half of the base prices are $20,000 over the comps, not including the way under-priced remodel it needs.
Roger D. Medrano Jr
Multifamily question
20 February 2016 | 6 replies
Being that its a fourplex by description i thought it would be a good candidate because i wanted to house hack and use an FHA load.
Jennifer Ceren tapp
Buying at Courthouse auction
23 February 2016 | 2 replies
These survive the tax deed and will be passed to you.http://fl-duval-taxcollector.publicaccessnow.com/P...I personally stopped bidding due to how long it takes for money to post to your clerk of courts account(basically ties up this money permanently) and too much wasted effort when 80% of the properties I am interested in are removed minutes prior to auction.
Lanetta Gray
New Member from Maryland/Washington DC
12 March 2016 | 26 replies
I'm in Bethesda but am looking at opportunities to fix and flip in DC and Baltimore.Welcome to BP there are loads of helpful folks here.
Christopher Winkler
Unsecured Debt After A Stripped 2nd Lien
29 February 2016 | 8 replies
Speculating on how it was treated and thus speculating on your plan of disposition is a colossal waste of energy and time which could result in you attempting to collect on something that you are legally forbidden from collecting on.
THOMAS MEELEY
?Investor stories from the trenches.
9 February 2014 | 4 replies
After I decided that I don't waste time second guessing myself.2.
Marcus James
investing programs or software
14 February 2014 | 2 replies
But while we are investing in real estate, and trying to get the education needed to even get better for sake of improving our lives for the better, there is always that person or company that comes along with latest gizmos and gadgets that claims they can help us improve in your real estate investing business. to help us become more efficient and do more deals only to find that at the end you have wasted your money. believe me tried a some of them, and it really gets to me when they don't deliver on there promises. and i know some people on these forums are always looking for software or programs to help them improve in their real estate business. well i am too!
Dell Schlabach
auction.com games
19 August 2014 | 2 replies
It's a way to use us RE investors to do their appraisal for them, and a total waste of our time.