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5 June 2020 | 36 replies
I factored in property management at 10% as well as capital expenditures, maintenance, sewage, etc.Granted, I am aware that the tenants will likely cover their own utilities; plus I don't live in Vegas, so my estimates may be a lot more conservative than what the actual average amounts might be.
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7 April 2020 | 14 replies
You need to factor in loan fees and such as well.
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14 August 2018 | 8 replies
I can’t afford anything in the NY Metro Area at the moment, so I’m exploring areas in:my home state of Vermont (Southern VT mainly)Keene, NYPittsburgh, PA where my brother livesKingston, NY (Upstate NY area/Catskills)North Adams, MA (college town)I’m trying to stick to areas I have some ties to since it will most likely be an out-of-state situation with a property manager.My goal is to buy a 2-4 unit property that is in decent shape, rent the units, and have one unit for myself to come to when I want to get away from NYC.I’ve been running numbers on both the rental property calculator and the BRRRR calculator with varying results.
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14 August 2018 | 8 replies
He mentioned if it’s regular rental, about 2 months for eviction in nj, give more take some factors; while rent to own could be up to 6 months or more.
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13 August 2018 | 1 reply
My main questions are, how should I go about pitching the idea of seller financing to the owner?
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13 August 2018 | 0 replies
Of course, the main issue we seek to tackle is how to best limit the liability of the parent company - and the attorneys that we have spoken to claim that 1) "this is out of their league" or 2) are unable to provide any specific insight on the specifics of the legal structure.
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22 October 2019 | 2 replies
There was no sign, and the bushes were so overgrown the house was almost unnoticeable...and it sits on the main road through our small town, just 2 blocks from my commercial building.
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16 August 2018 | 3 replies
The PNT who is in Seattle cannot meet in person to see the place and wants to discuss more information over the phone.My main question for the BP community is how do I go about entertaining both of these tenants interests in the new place?
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15 August 2018 | 16 replies
It depends on a few factors.
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29 December 2018 | 23 replies
I'm trying to learn as much as possible about financing and my local market.Tom Murray, yes SFR flips will be my main focus to start.