12 May 2021 | 8 replies
Did a deep dive of multiple scenarios for Oleatha and know the key is raising rents to $700/unit664/3/20219:20 AM9:35 AMSubmitted bid requests and called two tree services to inspect the large tree in back of Oleatha for health.
17 May 2021 | 18 replies
Whether that is raising the income, lowering the expenses or both.
11 May 2021 | 6 replies
This is also known as credit card stacking.
12 May 2021 | 3 replies
Below is a screenshot of the model results but see below for a break out of the assumptions:Purchase price = List price (room for negotiation)Closing Costs = Estimate from lenderDown Payment = requirement from lender @ 25%Interest rate = rate offered on a two unit rental from lender Total rents/Month = current rents in place (room to raise based on market) Property taxes, Insurance, Water/Sewer, Trash removal = all reflect actual amounts paid by current ownerVacancy rate = 10% of gross rent Cap Ex = 5% of gross rentMaintenance & Repairs = 5% of gross rentMonthly free cash flow = $155Total ROI = 7.14%My question is simple, do you think this is a good deal?
15 May 2021 | 6 replies
These are experienced investors that raise capital through private investors, they buy the property, you share in the return.
12 May 2021 | 4 replies
Thank you all in advance If you are asking about getting a secured credit card, then I would go ahead and get a credit card.
12 May 2021 | 2 replies
I want to raise the roof.
12 May 2021 | 3 replies
Do you have the ability to raise rent now or in the foreseeable future or are they flat in this area?
12 May 2021 | 1 reply
If you don't have a credit card, get one.
12 May 2021 | 3 replies
Remodeling each unit one by one, then raising rents to just below market.