Gregory Kawa
New investor in California/Nevada
2 July 2018 | 6 replies
However, I have no knowledge of the rules in America and what is recommended.
Aaron Hall
Where do you park your RE Money stash to min. Inflation?
14 June 2018 | 4 replies
A rule of thumb is not to stick money you think you’ll need soon In the stock market.
Denise Munoz
FSBO with previous damage
18 June 2018 | 14 replies
I shoot for 1% rule combined with the 50% rule.
Steven Natera
Allentown for first time investor
1 February 2019 | 15 replies
@David Ribardo and @Joe C jump in with any edits/comments you might have Purchase Price $149,900 (50K a door rule looks good) Three units total gross/month 2239 (1% rule looks good) Fixed expenses: Taxes 2517, Trash 1125 (375/unit in Allentown unless private collection deal previously arranged) Insurance: 703 Common Electric: 519Water/Sewer: 802Allentown Fee: 225 (75/unit/year) Variable Expenses: Vacancy: 2239 (One months rent of each place, or 8.3%) Management: 1800 (50/door/month) CapEx/Maintenance: 3000 (1000/door) Total Operating Expenses: $12,930 Total Gross Income: $26,868Net Operating Income: Op Ex - Gross = $13,938 Divide your NOI by the cap rate your looking for and you have your offer price.
Oscar Rayo
How to use Zelle for rent payments. Young Millenials love it.
16 June 2018 | 18 replies
That being said, it seems they've made some strides and is improving which is great.
Mindy Jensen
By Popular Demand, Landlord Forms NOW a Pro Annual Feature!
27 June 2018 | 45 replies
She was huge in coordinating the transition of these forms to a Pro Membership Benefit.Would the community also like it if I gave a monthly update about all the projects we are working on to improve various parts of the site, memberships, books, etc?
Paige Alexandre
Aspiring ChicagoLand Flipper, Ready to Learn More
15 June 2018 | 4 replies
As a general rule of thumb, an educated buyer will not pay substantially more than the average price for a home in a neighborhoods.
Bhaskar Pandey
Cash-Out Refinance on Rental Property in San Antonio Texas?
4 July 2018 | 3 replies
@Bhaskar Pandey hi, yeah, cash out rules here in Texas are screwy to say the least.
Henry Murray
New to real estate investing and looking for mentors
17 June 2018 | 1 reply
It's not too difficult to find properties in desirable locations that follow the 1% rule.
Ali L.
Anyone done business with MidWest Corporate Credit?
25 March 2020 | 4 replies
That was a long time ago so maybe they've improved.