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9 January 2019 | 96 replies
Worrying about customer acquisition is a lot already, but having to worry about sourcing inventory adds such a complicated dynamic.
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6 August 2018 | 9 replies
It’s also in a city I know very little about (Norfolk, VA) here are the numbers- I welcome your thoughts/ insights:$259k - sales Price (4- unit building fully occupied)$1460- total mortgage payment (after 25%) down $305- Property Management Feee (10%)$105- trash (total water is $315 p/m but seller bills water to tenants and has it written in the lease)$60 - lawn careTotal rents are $3050Owner says monthly expenses are low.The best case scenario is net income of $737 assuming $400 extra monthly expenses (for worse case scenario unexpected expenses which always come up) and assuming all the tenants pay their rent.Positives- - Seems to be a good cash flow if expenses are kept low and everybody pays- 4-plex is located in an 85% residential area- building is ok condition (built in late 70’s) except roof is 18 yrs old- all tenants are gainfully employedConcerns- while the neighborhood visually looked fine, according to crimemapping.com its a moderately high crime area.
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14 August 2018 | 15 replies
@Chris Watson Thanks for the visuals - helpful.
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3 August 2018 | 23 replies
and a few million in cash in a bank can change those dynamics a ton..
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15 August 2018 | 117 replies
If the EMF level is extremely high, it can actually make people have visual and auditory hallucinations.
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9 August 2018 | 25 replies
I'm half-way through this podcast and look forward to the two of you working on many more dynamic shows!
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14 August 2018 | 5 replies
Since it’s mostly visual.
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14 August 2018 | 2 replies
They're probably quite a bit different and hard for me to visualize our geography is probably quite a bit different.
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19 December 2020 | 10 replies
If you're quick at learning a new tool, tired of Excel, need to collaborate with others and/or are a visual learner, I definitely recommend it!
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20 August 2018 | 10 replies
Dave, if your family dynamic allows it, go small MF.