17 January 2014 | 15 replies
But, I'm not going to replace the time I spent there by increasing the time I spend on my real estate investments.
17 January 2014 | 6 replies
The two reports should not be that far off depending on how much time passes and the change in suitable comps.Depending on the time and lender, you will have to supply repairs to that appraiser in order to realize any needed increase in value in short time frames as an underwriting guide to the appriasal.
24 February 2014 | 13 replies
Not doing so should only increase my cash flow.
27 January 2014 | 13 replies
So far, we've made it a point to invest in improvements that will increase the value of both units (like a new driveway, new porches which were formerly eye sores, etc).
23 January 2014 | 7 replies
What's best way to bring up a rent increase?
16 January 2014 | 6 replies
Rehab increase the occupancy and potentially look at selling and just keep going until I will have sufficient funds to buy rehab and hold 3 multifamily complexes.
21 August 2014 | 17 replies
Not too long ago I started reading about the HUD investing strategy, but I do not yet feel confident in my knowledge to start going down that path.I do not have a great source of funds, but I did think about the possibility using my buyers' funds to purchase the homes and then assign the deed to the buyers that lended the money.
16 January 2014 | 7 replies
Hi, I'm a new investor and still gathering info before getting my feet wet.my goal is to generate a positive cashflow, while hoping that the property also increase in value (not a big jump, but at least on par with inflation).from the get go,my mind was set on a single family home or a duplex.. until recently someone mention that a condo might be a better investment for greater positive cashflow.With condo, there's a condo fee but the price will be lower, and I don't have to maintain any lawn or replace a roof..I'm trying to figure out if Condo is the way to go.here's my current analysis of a Single home vs Condo:Single home: Price $160K, tax 3600, ins 700. 20% down at 4.25% interest. it can be rented out for 1500/monthCondo: Price $45K, tax 1800, ins 350. will buy in cash. can be rented 500-600/month.
19 January 2014 | 11 replies
70,000 gross rents x .50 costs = 35,000 NOI If landlord pays water and other utility use 60% so 70,000 X .40 = 28,000 NOI 35,000 NOI / 500,000 purchase price = 7 cap rate 28,000 NOI / 500,000 purchase price = 6 cap rate With rent control also limiting future annual cash flow increases I would say that is also a negative.
3 July 2014 | 9 replies
They increase their FICO scores over 6 - 12 months. 6.