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1 March 2011 | 4 replies
They can handle any volume you throw at them, big or small.
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15 February 2011 | 17 replies
I told him I'd crunch some numbers and just throw out an offer, that way if he was serious he'd have something to look at.
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15 February 2011 | 2 replies
I wanted to throw this out there.
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25 March 2011 | 34 replies
Do you have a desk job or a flexible schedule that would allow you to work around a problem at your rental.Many people think they are throwing away 75 to 100 bucks a month using one, but it's the couple of times that you need them that they are worth while.
18 February 2011 | 9 replies
We sometimes throw around terms as if you could look them up in a dictionary and get a common definition.
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8 March 2011 | 29 replies
I appreciate every one of them.Seems like the consensus is that letting people know that I invest is a good thing and can be a great networking opportunity depending on the audience but I should stay away from numbers unless its from one investor to another.
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19 February 2011 | 2 replies
hi all, im wondering if any of you may be able to weigh in on a question i have. im considering an investment property, and want to try to gauge what is a reasonable/standard/expected "sale price-to-rental income" ratio. in short, the prop is currently generating 29k annually(3 unit prop), and will be roughly 200k+closing costs. about a 14.5% ROI. i have looked into other props in the neighborhood, and at the list price and rental prices, this seems about average, usually somewhere around 12-18%.i posed this question on another RE forum, and the only response i got was someone who thought that i could see a return on 200k at around 40k annually, and suggested i look outside my area. this seems high to me, but i dont really know what's "par for the course". fyi, i would estimate that FMV for this prop would be closer to 150k based on past sales, but there arent any 3-units in the area for sale, so its really hard to compare apples to apples with this particular place. thanks for any numbers you can throw out!
4 April 2011 | 9 replies
So, if you want to throw away that many possible buyers, then so be it.FHA requires a minimum down of only 3.5%.
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6 April 2011 | 25 replies
Not that I'm recommending any of these companies (I don't know enough about most of them), but just throwing out there that if you ARE familiar with these businesses, a 12% yield probably isn't far-fetched at all..Again, it's all about where your expertise is...
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13 January 2014 | 46 replies
Let your tenants know that rents in the area for similar properties are higher than what you are charging, and based on the expenses you incur to keep the property in great shape, you need to increase the rent to market levels.Of course, also throw in how great they are as tenants, how much you appreciate them, and any concessions you're willing to make in order to retain them (for example, if they've been there for a year, offer to paint a room for them or put a nice fan in the master bedroom; if they've been there for several years, perhaps offer to replace the carpeting in a couple rooms; etc).Remember, it's MUCH cheaper to keep existing tenants -- even if you're getting a bit below market rents or have to provide incentives -- than it is to replace tenants.