Vincent Crane
The massive Real Estate bubble that's happening again (with charts)
6 September 2020 | 102 replies
Valuation in real estate seems best measured against income, and either way never a function of prices only, perhaps even less investor narratives.
Steven Maduro
Lazy landlord series Tiling step by step
15 September 2015 | 36 replies
once your floor is level its time to begin. your very first course of tile is very important/I did not really understand all the books methodology of measuring and finding the square etc. what I did is laid one or two courses without thinset but with spacers.once I was confident that these were straight I laid the next tile next to them. point to note when laying the first cemented row of tile next to the trial run be sure not to push the the trial row out of position or you will end up being crooked. tip four get the right consistecy do not mix too much at once. for a beginner perhaps 1/4 of a bag then try 1/2 bag.
Account Closed
Pro-Forma Service NEEDED - Advice & Honest Reviews - WHAT DO YOU LOOK FOR IN A PRO-FORMA?
5 August 2015 | 2 replies
Samantha,Not sure if you're still looking for input from investors, but since I just discovered your thread researching MACK I figured I'd chime in.Unfortunately I don't have any experience with the software itself, but I can give you some thoughts on what I look at when studying a proforma.An ideal proforma for me includes:Multiple external and internal photos of the propertyRehab status# of beds, baths, garageMarket rents (or, if rents are estimated using something like the 1% rule, noting how they were derivedDefault allowances for vacancies and maintenance reserves > 0% (this was one thing that immediately turned me off in the "available properties" email I got from MACK last week)Monthly mortgage payment estimates assuming a 20% or 25% down paymentInsurance estimatesProperty tax estimatesCash flow ($), Cap rate, cash-on-cash return, return on equity, and ROI (with both cash-only and leveraged #s displayed where relevantMonthly & annual views of income & expense estimates10/20/30-year financial scenarios for all of the key measures of returnNeighborhood info is icing on the cake -- schools, crime rate, public transit, and compsI realize that's a lot to absorb.
Jerome Kaidor
DIY Pest Control?
15 April 2015 | 6 replies
Everybody wants to DIY and cut the expenses, but sometimes these preventive measures get fail.
Devin E.
Sub-Metering California
8 April 2014 | 2 replies
I thought about it and called weights an measures and they stated they could care less (it would nt be regulated by them).
Michael Cornell
Bankruptcy
26 October 2014 | 11 replies
@Michael Cornell According to Fannie Mae, the waiting period is 4 years, measured from the discharge date, for a Chapter 7, unless there are "extenuating circumstances", in which case it could be 2 years.
Pono Wright
Anyone familiar with mineral rights???
1 November 2014 | 14 replies
Title coverage generally covers only surface rights as these are reasonably measurable financial losses that can be valued, we can only speculate if gold, or silver, copper, oil, natural gas or diamonds exist 5 miles up from the center of the earth and title coverage can only insure known assumable valuations, not to speculative values.
Alexaundra McCormick
RENATUS SCHOOLING?
21 August 2015 | 390 replies
The measure of who we are is what we do with what we have." ~ Vince Lombardi
Account Closed
Asset Protection from Anderson Business Advisors or other firms.
27 February 2018 | 39 replies
So for those of us who have low risk tolerance, we choose to implement asset protection and use any tax advantages that those measures of asset protection advise.
Brooks Everline
Property management OR project manager
31 December 2016 | 19 replies
Unless specifically included in the agreement, a PM would not perform major repairs and certainly not take on a rehab assignment.A General Contractor can be viewed as a Project Manager, but the time taken to complete is frequently measured in a few months.