Peter Mckernan
Bookkeeping for Newbies
12 January 2015 | 15 replies
I find Amazon sells it pretty cheap.
Ndy Onyido
What is the ideal annual property management and vacancy rate?
12 January 2015 | 14 replies
You don't want to end up with a PM company that is only as good as their cheap fee or you'll far surpass that 10% vacancy estimate!
Kyle Penland
Personal Intro and advice on property
11 January 2015 | 5 replies
Cheap property high turnover and maintenance issues.
Account Closed
How to buy rental properties
11 January 2015 | 4 replies
I have joined certain real estate groups and gardening groups in my area where I get a discount at certain stores and cheap labor.
Bryan C.
Hold or Sell
11 January 2015 | 6 replies
I can get 3 cheap rentals @ $33k/each - rents $800/mo each.Income: 3 new properties x $800/mo = $2400/moExpenses: Taxes = $300/moInsurance = $200/moProp Management = $250/moVacancy = $250/moRepairs = $250/moTotal expenses = $1250/mo NOI = $1150/mo or $13.8k/yr-------------------------------------------Todays value of 3 current properties = $550k - $575kMortgage balance for 3 properties = $410kEstimated value after 13 yrs = $650-$670kSubtract $40k ($3k/yr x 13 yrs) for out of pocket expenses = $610k-$630k-----------------------------------------------------3 New rentals estimated value after 13 yrs = $60k x 3 = $180kNOI $13.8k/yr x 13 yrs = $180kI didnt factor in that I can use the NOI from the rentals to reinvest and purchase 1 additional rental every 2 yrs @ $27k w/ rent @ $700/mo ($350/mo addition NOI)It appears to be better to keep the 3 properties and just deal with having 3 mortgages until they are paid off.
Brian Sinclair
Finding Buy and Hold Investors
11 January 2015 | 2 replies
become a Pro on BP and advertise them... cheap price of entry here one deal will more than pay for your subscription to BP.I sold 2 of my OREO on the pro section... well gave them away but that's another story !!
Vanessa Saddi
Real Estate Courses
11 January 2015 | 3 replies
Hello again, I found some local real estate classes for really cheap.
Bryan Winter
Hello from east Tn.
24 January 2008 | 4 replies
Did i mention Cheap houses....My last purchase was a 2 bed 1 bath for 16,000 total,put 8,000 in it and selling it for 49,000.