Stephanie Foster
Looking for recommendation on lending options
6 September 2018 | 2 replies
If you value this property with a 10% cap rate with $78,9884 operating income, it puts the value at $789,840.
Steven Dreyer
What can I do while I wait?
20 February 2018 | 8 replies
Do you have the EIN, bank account, and Operating Agreement?
Sharon B.
Help determining rent increase
10 October 2017 | 11 replies
The property is operating at a loss & the tenant is "soft threatening" you every renewal?
Lana Sha
could you recommend homeowners insurance companies in CA
10 October 2017 | 1 reply
They operate in all 50 states, are very investor friendly & have saved me an average of 30-50% on my coverage.
Craig Garrow
How can I make this work?
6 June 2018 | 8 replies
Hard to get excited about $480 per month minus operating expenses (assuming I understood correctly)...unless of course you know you can expand as many of your expenses will stay flat while you revenue will clearly go up.
Kareem Lyons
Help Me Save My Career
21 October 2018 | 100 replies
I know there is some glitz and glamor to "being your own boss", but as a new agent there is so much knowledge that needs to be soaked up, and applied on top of the daily "run the business"/operations items, that it can be overwhelming.
Patrick Malinowski
[Calc Review] Help me analyze this deal
5 June 2018 | 3 replies
I've c/p'd the gist of the numbers below: Property Specific Inputs Offer Price $ 90,000.00 After Repair Value $ 90,000.00 Rehab/Repair Costs $ 5,000.00 Annual Tax $ 2,315.00 Monthly Insurance $ 100.00 Cash Needed Acquisition Costs $ 26,720.00 Holding Costs $ 692.74 Refinance Costs $ - Total Cash Needed $ 27,412.74 Rental Income Gross Rental Income 1.94% $ 1,750.00 Operating Cost Assumptions Vacancy Rate 8.0% $ 140.00 Maintenance 9.0% $ 157.50 Capital Expenditures 9.0% $ 157.50 Property Management 10.0% $ 175.00 Total 36.0% $ 630.00 Owner Paid Utilities Electric/Gas ($/month) 8.6% $ 150.00 Water/Sewer ($/month) 11.4% $ 200.00 Trash ($/month) 0.0% $ - Total 20.0% $ 350.00 Cash Flow Calculations PITI $ 692.74 NOI $ 770.00 Monthly Cash Flow $ 77.26 Net Cash for Deal $ (27,412.74) Cash on Cash Return 3.38%
Anna Maher
Kansas City Newbie-RE Agents and Financing
22 October 2017 | 5 replies
(they operate North of the river)While I am an agent I use my license for my own investing.
Doris Butler
HML for first time flip
12 October 2017 | 5 replies
Title company, Insurances, Contractor(s), know the market, know the days on market for properties.Find out from lender if there are monthly minimums, how many loans they're closing monthly, how quick it will take to close, and what they will need from you.You're going to want to operate quickly because the longer you have the money the more it will cost you, so get your ducks in a row.
Kendall Vrana
Remotely Managing a STVR
11 October 2017 | 3 replies
You will be able to tell a tremendous amount about the company and how they operate with one simple phone call.