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8 October 2017 | 4 replies
Go to REI meetings and start networking so that the biggest players in your market know who you are.
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12 September 2017 | 8 replies
Be sure to also factor in a property manager because I am assuming you will move away from there eventually and not want to manage a long distance rental.Getting contractors is sometimes tough if you are out in a smaller town as some of them have schedules booked up for months.
21 September 2017 | 8 replies
A meeting was set up for me to sign docs, and briefly read docs as I was signing, the wire instructions were included.Just prior to wiring funds , there was a warning about wire fraud , and I noticed that no letter head was included with the wiring instructions.
11 September 2017 | 8 replies
There are webex style meetings every day that you can join in to learn more and ask questions about.
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16 September 2017 | 1 reply
I'm meeting with an acquaintance who's a long time top commercial broker.
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10 September 2017 | 4 replies
I would love to meet up sometime over coffee and talk REI.
13 September 2017 | 5 replies
I'd be interested in meeting with someone around the Lubbock area.
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11 September 2017 | 4 replies
Once you claim in on your tax returns then a lender will calculate your income based on a formula that takes into consideration the amount of insurance, taxes, mortgage interest, and some other line items on your Schedule E portion of your tax returns.
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3 October 2017 | 10 replies
.- future assumptions: 2% annual income growth, 5% PV growth, 2% expenses growth, 6% sale expensesBigger pockets tool sheet with above data:Cash flow: $916/monthCash on Cash ROI: 6.65%-7.57% depending on rehab costsPurchase cap rate: 7.15%I know this does not meet the 2% or 50% rule but it seems like a good investment for the area.
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17 September 2017 | 16 replies
Anyways I did move forward with the purchase and when meeting one of the tenants I had them fill out an estoppel form and on some things they claim do not add up to the lease agreements that were given to me by the previous owner/property manager.