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15 July 2018 | 3 replies
It's a $30 dollar entrance fee, but it will allow you meet multiple individuals who mentor in varying areas of real estate, as well as get known in a group of active investors.
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1 July 2018 | 4 replies
I.e. if they try paying after the 5th & they only deposit the rent with no late fee.
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1 July 2018 | 0 replies
Purchase price $ 510,000 Purchase Closing Costs 10,200 Estimated Rehab Costs 5,000 Total Project Costs 525,200 Downpayment (36.9%) 188,000 Loan Amount 322,000 Loan Interest Rate 5.250% Total Cash Needed 203,200 Gross Rents 61,440 Monthly Rental Income 5,120 Expenses Advertising 25 Gardening 66 Insurance 250 Management Fee 512 Pest Control 50 Property Tax 638 CapExpense 512 Security System 280 Vacancy 512 Total Monthly Expenses (55.6%) 2,845 Monthly P&I 1,778 Total Cash Flow 497 Performance Metrics Monthly Cash Flow $497 Cash on Cash Return (ROI) 3.17% DSCR 1.28 Purchase Cap Rate 5.35% Proforma Cap Rate 5.20% 1% Rule 0.97%
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11 July 2018 | 6 replies
I'm working on building my network as well, so please fee free to shot me line.
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28 February 2019 | 22 replies
I charge an hourly fee for late check-out (or early check-in) and set the maximum at 2 hours.
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20 July 2018 | 16 replies
Check the neighbourhoods around the city centre: La Saidia, Patraix, Les Corts,...Buy as cheap as possible, if it's for long term is better to buy a property without elevator, but with some space to be installed --> 30-40k maximum.
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3 July 2018 | 20 replies
I used to charge $300 PET FEE for new tenants.
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5 July 2018 | 1 reply
He installed some windows for me and probably can repair them as well.
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3 July 2018 | 20 replies
Im looking to get advice on the numbers to get some insight from more experienced investors.Here is the breakdown:SFH: 3/1, 1177sfAcquisition: $80kReno estimate (from contractor): $25-30kHard money terms: 12% / 3.5points (will loan $90k)ARV: $135kRealtor fee: 6% (to sell)Homes sell in about 45 daysThe owner doesn't want to sell for less than $80k, but I don't think that gives us much space if reno costs creep up.
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27 July 2018 | 26 replies
Per our written policies a late fee is added on the 5th and if no payment is made by the 8th we post a 10 day notice.