Dan P.
Which markets still cash flow positive?
11 December 2017 | 11 replies
The forecast result is a projection for annual total sales increase (total 2018 existing-home sales vs. 2017) and annual median price increase (2018 median existing-home sales price vs. 2017).
Greg Deane
Are there concerns Buying a condo?
21 March 2018 | 8 replies
Those requirements are: Reserves savings over 10%, No litigation, no one party owns more than 10% of the total units, low renter and high owner concentration, and sufficient insurance.
Chris Drumm
Flooring in my first flip
10 December 2017 | 15 replies
Small things like better appliances (usually only about $1000 more total), higher end drawer pulls on cabinets, etc.
Johnathan Fisk
Tenant’s friend’s lit cigarette burned down deck
27 November 2017 | 1 reply
Old house, so bringing it to code and what not brings the total up to 14k.
Brian Schmelzlen
What has worked best for you in finding a deal?
28 November 2017 | 4 replies
Broker, direct mail etc.Direct marketing / cold calling is always a good bet, in the commercial world if you get a hold of a building owner in a principle-to-principle setting you can generally have some good conversations and suss out if there is an opportunity or not.
Starlite Harrell
Wholesaling a home with a mortgage on it??
17 May 2019 | 3 replies
I am new to the phoenix Arizona area I just came across a deal and i'm wondering if the numbers add up the house has a mortgage on it that the sellers want to be paid off the area where the house is in a decent area they did some work on it they added an extra bedroom so instead of it being a 3br/2th its now a 4br/2th 1,400 sq foot with a lot size over 6000 sq ft the mortgage thats owed is 53k the house needs minimal repairs it really just needs to be updated they want are asking 102k free & clear and they want the mortgage of 53k to be paid off total asking price including the mortgage price 155k is the total asking price houses in that area have sold for a wide variety of price range is my concern they range selling price is anywhere from 80k all the way up to 210k properties withing the 1 mile range of the house have sold for 170k to 210k is this a good deal or should i try to go back and renegotiate the deal
Kayla C.
Amortization Schedule and Calculations
29 November 2017 | 14 replies
Build it on excel is the best bet... you can adjust it for use in the future
Sonu Sundar
First time renting a unit
1 December 2017 | 6 replies
Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.
Nicole Collins
Sell my single family to purchase a multifamily
28 November 2017 | 3 replies
@Nicole Collins just keep this mind as you search for your Multi-Unit / MF property . . . the total gross rental income divided by the number of tenants / units = gross rental income per unit.
Luke H.
leaky roof repairs/ where to find contractors
15 January 2018 | 22 replies
He had a bandit sign that read "leak repair $150.00", so I estimated total repair of 4 items would be $600, but his bid is for $1,000.00B) Contractor B bid $700 to fix 2 leaks, replacing 10 feet of plank wood 2 pieces, replace shingles (no plastic cement).