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17 February 2016 | 6 replies
Skylar:I'm not in a position to help you, but did find and error in your math and your thinking.First, if the monthly rent is $6,900 and the vacancy rate is 8%, then the monthly vacancy cost is $552, not $75.Second, you need to factor in a fee for a property manager - even if you are managing the property yourself.
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24 February 2016 | 36 replies
The pivotal factor for our team is rehab costs.
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29 February 2016 | 4 replies
My numbers did factor in 10% property mgt.
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21 February 2016 | 13 replies
By the way Michael, Las Pinas, Metro Manila is a beautiful place, I google it and I have learned something new about another place.
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17 February 2016 | 5 replies
In buying any property, you cost basis is the main factor and the lower your financing cost the lower the overall price of the project.
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24 April 2017 | 9 replies
Cost of buying a domain = $10 per year (unless you get a deal )Cost of Hosting a HTML5 ONLY website (no php, so no wordpress) = Free/ Almost freeWebsite design =1) Google "Free HTML5 responsive" website , then download a template and them , insert your content, https://html5up.net/ has some beautiful templates.There are many HTML editors you can use.
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12 May 2016 | 6 replies
Hi everyone,My name is Joseph Montgomery, and I a brand new RE Investor in the area.I've been happily married for the the past 6 yrs now and we have 6 beautiful children(we both had two girls that we were raising alone, when we met; came together and added a boy, and recently a baby girl) i know that may be a a little TMI for an introduction, but hey thats who i am.I right now am employed as a independent contractor with a courier company in the area, so i do alot of driving around looking at houses..My goal is to be a successful RE Investor full time..making 10 deals per month, averaging 75,000 per month.
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18 May 2016 | 16 replies
If you are in a buyer's market, you might have to suck it up for an otherwise good tenant; if you are in a seller's market, you might consider raising his rent to help with the aggravation factor.
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14 May 2016 | 8 replies
Would you happen to be familiar with the exact calculation that lenders use for the DTI calculation when factoring in other properties?
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27 May 2016 | 7 replies
@David Sharp The best deals are on Craigslist, people are constantly begging people to drag the unit off their property, you pay $4-5k to move it, and put $7,500-$10,000 into rehabbing it and all of a sudden you have a beautiful home that cost you only $15,000.