Victor Williams
Rental Properties(Any tips for a 22 yo?)
25 March 2014 | 3 replies
+Extra coats polyurethane on wood floors.
Michael DeRoss
How do I find a meetup?
26 March 2014 | 2 replies
I know that's not exactly your neck of the woods, but thought I would let you know about it.Chris
Victor Williams
Exterior Design (eg. wood siding/stucco)
27 March 2014 | 2 replies
Just wondering what everyone favorite look is on the exterior of a property. I personally like wooden clapboard like they use on craftsman style homes.
Roy Gutierrez
Flooring for 2 recently purchased properties
28 March 2014 | 10 replies
Simple install, durable, carefree maintenance, wide variety of realistic looking wood or ceramic designs.
David Dam
Wholesaling in expensive cities?
31 March 2014 | 22 replies
And love the smell of woods and fresh cut sits...
George Maka
Help me pitch a master lease option to seller
30 March 2014 | 13 replies
Buyer's Closing Costs:[ ] Recording fees [ ] Note stamps [ ] Intangible tax [ ] Credit reports [ ] Loan transfer and assumption charges [ ] VA funding fee [ ] Loan origination fee [ ] Loan insurance premium [ ] Loan discount not to exceed______ [ ] Transfer Tax [ ] Wood Destroying Organism Report[ ] Appraisal [ ] Survey [ ] Title Insurance Policy _____________[ ] All Normal Closing Costs[ ] Other_______________________________________________4.
Allan Doyle
New member from abroad (currently)
30 March 2014 | 8 replies
Was a great deal in hind sight.
Jeff J.
Increase deposit for smokers?
27 March 2019 | 14 replies
Butt cans should be metal, stored away from any structure, not stored on a wood deck, and emptied regularly.
Weston Peters
Should I buy this farm?
30 March 2014 | 2 replies
The setting is beautiful with some woods, a nice pond and creek.
George P.
duplex with section 8 tenants (staying)
31 March 2014 | 3 replies
Brick duplex on a crawl space (never seen one before. seen either vinyl or wood) 2 section 8 tenants (7 yrs, 5 yrs) asking price $75k (assessed value at $29k) current rent - $1,400/month = gross - $16,800 insurance (guess) - $100/month (could be more) = $1,200 taxes - current year - $2,500 (most have been $4k) will have to use PM since it's 30 mins away - $150 per month Repairs - $100 month (average) no immediate repairs, they seem to be happy living in clutter and nicotine discolored walls according to @Joel Owens formula:gross rent - $16,800NOI = 16,800*.4 = $6,720CAP = $6820/75k (asking) = 8.96it's a C area, but not warzone. that whole town is that way. it reminds me of flint (great at one time), but without the crime.Basic formula:15 yr ammortization, 5.25% apr = ~$466,expense of P&I + PM+repairs+insurance+taxes (current) = 466+150+100+100+208 = $1,024Rent = $1400Profit = $376 = $188 per door