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Results (10,000+)
Joseph Mackey III Adding Bathroom to Boost Re-Finance
20 March 2020 | 3 replies
The average numbers that I see floating around are anywhere from 10-20% increase in home value with the addition of one more full bath.
Chait Borade Purchasing 4plex vs Duplex in Anchorage AK
23 March 2020 | 7 replies
I certainly don't know your market, @Chait Borade, but a quick look on Zillow shows 2/1s averaging ~$1300/month in rent.
Account Closed Time for B/C Landlords to Wake Up and Smell the Corona"s
22 March 2020 | 21 replies
The tipping point would be when the average American can't get basics like food, medicine, or shelter and is forced to choose between starvation and death or violence.  
Chris Lopez Denver Coronavirus updates and Q&A
16 April 2020 | 72 replies
We think it is important to look at Denver real estate  in 5 day increments since corona virus became real (I'm saying March 12th, which is when the NCAA canceled the tournament.)GETTING HELP NOWNYTimes - Money MattersUnemployment - law expires 12/31States can access when they have 10% rise in unemploymentUnemployment is typically 45% of lost incomeMost states pay 26 weeksDon’t have to lose your job, can get it if: you are quarantined, furloughedGetting unemploymentHave to have been at job for 30+ daysEligible for 2 weeks paid if ill or quarantined or caring for sick family memberPart time workers can get average of normal 2 week salarySelf-employed (gig workers, etc) must calculate daily average and claim as tax creditWho is exempt:People that work at companies that employ 500+ peopleCompanies with fewer than 50 people can ask for an exemptionEvictions + ForeclosuresMoratorium right now on bothSuspended for 60 daysThis includes foreclosures that are in processTaxesCan hold off on paying (without penalty) until July 15th if:You owe less than $1 million to the federal governmentIf you are getting a refund, it will come in a normal time frameMortgagesFind out who owns your mortgage + what programs are availableRequest Assistance (Fannie Mae)Small Business ReliefSBA Economic Injury Disaster LoansSmall business loans up to $2mil3.75% int rate for businesses | 2.75% for nonprofitsDenver Small Business ReliefDENVER RE TRENDS - please note you should watch Seattle, as what happens there will likely come to Denver and Colorado SpringsPulled data for detached/attached homes within 6 miles of a client property in Sloans Lake$350-$500KMore properties went under contract in past 5 days than in two other 5 day increments we recorded (11-15, and 16-20 days out)35 of those were on the MLS for 6 or fewer days$500-$700KSimilar to above, 5 days out is beating number of houses that went under contract 11-15 days out and almost the same as 16-20 days outCitywide: 2.4 homes were falling out of contract/day in March. 5.8 for Feb. 2.7 for Jan.$800-$1.2Mdown from 5 day increments before, but not significantly and a small data set
Natalie Cloutier Coronavirus: email to send to your tenants
14 April 2020 | 160 replies
By the time the average person pays for rent, groceries, medical insurance, car payment, etc. there is usually very little left. 
Samuel Dumond Advice for a new investor interested in multi complex
23 March 2020 | 7 replies
I am very curious to know, if you guys could walk me thru the process it be very appropriate. 1) Rental Property Cash Flow Analysis- Due Diligence: a) The first step to buying a multifamily home is deciding on the right neighborhood to invest in.b) Property condition: Take into account how much time, money and work the property will need in order to be rent-ready. c) Rent roll: Look at the current rents and compare them to the average rents in the area to see what the property should rent for and can help influence your buying decision.d) Revenue & expenses: Look at what rental revenues are coming in and what the current expenses are and see if it makes sense, remember to add in your approximate carrying costs to see if you will be cash-flow positive.e) Vacancy rate: Look for a vacancy rate below 10% and see how long each unit is vacant per year so you can figure that into your carrying costs. f) Loan calculation: Add your loan calculation into your Analysis.2) Work with a RE agent.3) Choose the Right Lender. 
Michael Kiley Line of Credit CUT!!
21 March 2020 | 2 replies
By feeding the HELOC with all my rents and other income sources, the average daily balance stays much lower and the result is a mortgage that gets paid off way sooner.Have you heard of a HELOC credit line being shut down prematurely?
Account Closed Rental Property Cash Flow Explained
21 March 2020 | 2 replies
If I want to get all of my costs back within 4 years (or less), I can say what % return "I got", but since percentages lie, if I said ahead of time that I needed to get an average return of that same number, I couldn't give you a specific %return I needed to do...since over a 4 year period, I can go through a number of different combinations if annual % returns...and get a different answer in dollars at the end.If 3 investors started with the same dollar amount (say $100k) and they had different annual % returns for the next 5 years, they would all end up with a different dollar amount at the end...even if the net percentage was the same for all three.Investor A:  +10%,+10%,+10%,+10%,+10%Investor B: +30%,-10%,+40%,-20%,+10%Investor C: +80%,-60%,+70%,-50%,+10%All three started with the same $100k.  
Joe Blakley Buying Rentals in an Uncertain Market
5 April 2020 | 13 replies
But In the average market range in Boise area (around $360k), we still- as of March 25- have some homes and investment properties getting offers on day one and multiples sometimes. 
Ron Fletcher After Coronavirus is over!
10 April 2020 | 16 replies
@Ron Fletcher Here is life after COVID 19 ...The truth is that life and future of the average American family has been screwed for many many years to come.