Mark Holman
Advice on John Beck
26 June 2008 | 3 replies
Advice from anyone who tested the waters yet.
Justin Butler
Buying under market value
21 July 2008 | 49 replies
As for utilities, the only one that will be more expensive is water/sewer.
Jason Schmidt
can someone please explain this 50% rule to me?
9 July 2008 | 163 replies
I change toilet rings; fix water leaks; paint; collect the rent; evict deadbeats, etc.
Dan Bohannon
Property Websites -- Effective?
4 July 2008 | 13 replies
I also have free technical support, e-mail account, and even a way to check statistic of visits... so I know how each page is performing and if I need to promote certain pages more.The system is very affortable.
Jason F
Realtors doing shorts profiting??
30 August 2008 | 5 replies
Josh,We don't like to work with people who are trying to "beat the system", so to speak.
Ashan D
What should my college major be?
19 August 2008 | 60 replies
Hey AdI am a Mainframe Systems Programmer.
Loc Nguyen
Couple of questions for rehab project.
4 July 2008 | 9 replies
This could include mortgage or private lender payments, electric, heat, water and anything else that you pay during the time you own the property.How long it takes depends on many factors.
Travis Bauman
10 unit in Ohio
4 July 2008 | 15 replies
Property Cost $200,000.00 Repairs Needed $50,000.00 Number Of Units 10 AVG Rent Per Unit $475.00 Gross Schedule Income $4,750.00 Vacancy Allowance 10% $475.00 Gross Operating Income $4,275.00 Less Operating Expenses Accounting $25.00 0.58% Advertising 0.00% Insurance $125.00 2.92% Lawn / Snow $- 0.00% Repairs $85.50 2.00% **Since i guess high for repairs, i lowered this down to 2% Monthly Taxes $458.33 10.72% *** Renter pays Utilities Electric $- 0.00% Gas $- 0.00% Fuel Oil $- 0.00% Water / waste $- 0.00% Total Operating Expense $693.83 16.23% Net Operating Income $- 0.00% Property Cost With Repairs $250,000.00 25% Down $62,500.00 Additional Cash Down $- Remaining Balance $187,500.00 Gross Operating Income $4,275.00 Monthly Mortgage $1,875.00 Total Operating Expense $693.83 Monthly Profit $1,706.17 36% profit My formula always shoots higher on the cost to protect me.
Stephen Sluder
michael kimble
13 April 2010 | 8 replies
He's using his system and marketing materials to do this, and its very much on autopilot.
Sam O'Reilly
Some advice on a fixer
10 July 2008 | 7 replies
Now there are some expensive repairs that the house needs: DETERIORATED LEAD BASED PAINT ; EVIDENCE OF MOLD ; REPLACE HEAT PUMP ; REPAIR PLUMBING ; REPAIR HVAC DUCTWORK ; REPAIR SIGNIFICANT CRACKS IN FOUNDATION ; CORRECT GROUND GRADE TO PREVENT WATER INFILTRATION ; REPAIR FRONT PORCH STEPS ; REPAIR WINDOW Just wondering if this would even be worth considering.