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6 July 2018 | 1 reply
I prefer someone who is knowledgeable about mandatory state/city/county clauses and has a lot of experience with evictions.Currently I have two properties in Victorville and Hesperia with month to month tenants that I inherited.
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5 August 2018 | 9 replies
The location has low crime rate, poor schools, city with plenty of amenities, etc.
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17 July 2018 | 22 replies
I've bought two plots of land in West Texas, one as a tax resale and another as a bid at the city hall.
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6 July 2018 | 2 replies
Lot rents $210 includes city, water, sewer and trash.
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13 July 2018 | 3 replies
Details in MLSUnits: 6Taxes: $5874 (annual)Gross Income: $48,600 ($675 per month)Net Operating Income $38,838Total Expenses: $9762Vacancy Rate: 5%Asking Price: $449KOwner pays Trash & Water______________________________________________________________Based on the expenses I am assuming that the property management is completed by the owner and that they are including ~$4K a year in insurance.I ran the numbers in my own Deal Analyzer and I added:5% of Effective Gross Income as Maintenance Expense 10% of Effective Gross Income as Property Management ExpenseBumped the vacancy rate from 5% to 10%Insurance: $3000 (annual $500 per door)Water: $3240 ($45 per door - typical in city)Trash: $1,800 ($25 per door - complete guess)$12K for improvements ($2k per door)20 year note @ 5% with 20% down (assuming full asking price)2% Closing costs______________________________________________________________My numbers show a Cap Rate of 5.7%, cash on cash return of -5.12% and -$1,668 of annual cash flow.
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6 July 2018 | 0 replies
Looking for a reliable and personable handyman in the Oklahoma City area!
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6 July 2018 | 1 reply
I have a few properties here in Kansas City and I can help you.
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6 July 2018 | 1 reply
Hey folks, I have someone moving to the New York area and will be looking for commercial space.
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10 July 2018 | 9 replies
I have kind of assumed the city is broken in the four corners.
6 July 2018 | 0 replies
My father lives in New York State and is in his twilight years.