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26 September 2006 | 5 replies
Hello All,I wanted to find out if there is a way I can find out what % that I and other investors would get back if we did the following:Property cost $40,000 and repairs is $10,000 = $50,000Investor #1 puts in $25,000Investor #2 puts in $15,000Investor #3 puts in $10,000Total $50,000So what % would each investor received after property sells?
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11 September 2006 | 11 replies
Also landscaping fee's in the summer and repairs that would crop up here and there.
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9 September 2006 | 0 replies
Here are the numbers.ARV 205000.Repairs est. 20000asking 145000My strategy is to rehab and retail.
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11 September 2006 | 4 replies
Some other things to consider:- A HELOC can be nice for covering SHORT TERM emergency repairs if you need that security.
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10 October 2007 | 51 replies
I also plan to spend approximately 5k in repairs so I guess the total cost to me is 162k.I didn't get into the specifics of the property detail because I'm not sure if it matters what type of property it is.
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19 September 2006 | 4 replies
I'm a newbie myself, havent made my 1st yet, still learning.I bought a single family home for $115K, put about $3K into repairs and am renting for $1000/month.
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6 December 2006 | 18 replies
Here are some of the problems:1 - My contract with the manager states that they can't spend more then $100 on repairs/expenses without my permission.
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21 September 2006 | 7 replies
That being said, if the bid price is lower than "Zestimates", you may have a good bargain :)Find out what repair/upgrade work (if any) is needed first.
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30 October 2006 | 5 replies
I was thinking of moving into a livable house that needed updating and minor repairs, living there for 2 yrs then renting it out.
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20 September 2006 | 4 replies
Loan amounts are based on the after repaired value.