
28 January 2014 | 8 replies
You get the idea.Does it really form a good impression to your potential tenant to show it in that state?

28 January 2014 | 11 replies
Please let me know what you think.Here are the Numbers:(pro forma, but I live three blocks away and have done so for 15 years)Price: $110,00010% down Plus closing 16,000interest rate: 5.25 (30 year fixed)roughly 15,000 improvements out of pocket.Mortgage: 571.53Rent: 1050 (this is low as market in the area is 1150)6% vacancy ( average for the neighbor hood is 4)Expenses:total: 2200 annualMy results: $134,500.00 total cost of unit6.42 cap rate9.127 GRM11.10% Cash ROI33.82% Total ROI125.89% DSCR$1,775.63 annual cash flow 1st yr 1775

27 January 2014 | 2 replies
Though a good contract is important for both of you.If you find a contractor with whom you can form a good relationship, you may find that you don't have to worry about enforcing contract terms so much.

16 February 2018 | 26 replies
The institution would email me the password in a week- trainers did not show: how to legally form a company to do wholesale, how to talk to the homeowners and get them sign a wholesale contract, how to inspect the property to get the right estimate - trainers told me to spend $11K on another 3-day workshop (9/14/17-9/16/17) to get the 2-day, one-on-one training to do wholesaleA week later (9/15/17):- no password to the software- called Customer Service who said, "We never promised free access to Property Farm.
30 January 2014 | 10 replies
If you have a tenant with good credit ready to build, and you have the ability and connections to hold the paper or sell it (among other things), then that's a special case.To answer your question about when it makes sense to build new with regard to multifamily, I would begin by asking myself the following question: Is anyone else building anything like this right now in this neighborhood that is proving my pro forma.
30 January 2014 | 17 replies
Rather than me purchasing the properties, rehabbing and flipping I proposed we form a partnership.

24 March 2008 | 6 replies
:So.. even though I have not done any deals yet would you recommend:[list]calling investors to form a buy list and should I tell them I am a new investor with no deals if they inquire at allWho else should I contact to tell I am looking for investment properties?

22 November 2008 | 5 replies
I'm about to form a partnership to buy property with someone, and I'm not sure how the 1031 rules might apply here.1.

24 May 2010 | 17 replies
No other contingencies, inspections, etc.There were multiple offers submitted with mine and we had to fill out a multiple offer form as well as a number of riders and addendums that SUPERCEDED the contract.On the 5th business day, they countered with $89,900 and $2,500 Earnest Money with mortgage application within 2 business days instead of 10 that the standard PA contract form we used listed.

14 August 2008 | 9 replies
Does one form a company LLC and then purchase each individual investment under its own LLC?