26 February 2014 | 16 replies
Regarding tankless, the gas line and main must be able to support these; not all lines can supply gas flow needed for tankless.What kind of efficiency are you looking for?
13 January 2014 | 9 replies
I am predicting that by the end of 2014 demand for Crowd Funding will greatly exceed the supply of actual crowd funding investors.
23 June 2015 | 5 replies
What are the advantages (or disadvantages) of using the home equity line of my primary residence compare to trying to get a regular 30yfixed loan for the rental property?
19 July 2014 | 8 replies
(VP Supply I believe sells Mitsubishi ones if you wanted to check it out).There are a few options mentioned for the hot water heater, but that may not be as big an issue until the one you have expires - and you will have to check how the house was split into a double and how easy it would be to split the water lines.
12 January 2014 | 1 reply
Actual Current gross rent $130,200k Expenses 80 k, I calculated a little high to cover the following 5 years. 130,200 – 80k= 50,200 NOI- P&I of 44,913.36= $ 5,286.60 net per year $50,200 x .10cap rate= purchase price of $500,200 Reduced rent.I lowered to rent rate on all units, three and two units, to reflect supply and demand, cost of living going up, people have less money to live on and I see it getting worse, state and local rezones' Future gross rent $ 123,600 Expenses 80k, I calculated a little high to cover the following 5 years. 123,600-80k expenses= 43,600 NOI – P&I of $39,008.40 = yr profit of 4,591.6 43,600x.10 cap rate= purchase price of 436,00 Rent out vacant unite @500 a month x 12=60k profit Am I wrong?
14 January 2014 | 9 replies
When you find the property you are interested in you can submit your Agreement of Sale and they will supply you with a Good Faith Estimate which you then can compare with others; and your shopping for a mortgage has begun.
16 March 2014 | 3 replies
Best bet is to have systems regularly tested
11 December 2014 | 7 replies
We still take an application fee and perform regular screening (credit/background/reference/employment checks) but our expectations are most will have little to no credit history.
14 January 2014 | 15 replies
I have three and have made great use of them, but I need to get rid of one of them that I don't use much anymore due to having to start working a regular job again and I will probably need to pay the 2014 maintainance fee and the transfer fee to entice someone into taking it off my hands.
4 February 2014 | 28 replies
I guess #1 is tied to local supply and demand and #4 is tied more to commodity material/labor prices and costs to build new construction?