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Everyone looking for a mentor. Newbies - pay attention
11 March 2016 | 19 replies
I realize that, at the end of the day, regardless of how much of a "doer" I am, I didn't do what I've done all by myself.I guess I'm willing to just ignore 95% of the newbie posts and accept they'll probably disappear.
Rocky Verteramo
Tennant forms
15 March 2016 | 1 reply
- Am I missing any forms that I should have besides the above?
Austin V.
Half Built Townhouse/Apartment project
25 March 2014 | 1 reply
All of the infrastructure was done up front including electrical and plumbing to the area where the other 16 units would be going in.Here are the numbersAsking price 900K, (it was previously under contract for 800K)Monthly Rent Roll is $805010% estimating property management10% Vacancy(it has historically been closer to 6% in this area, but better safe than sorry)Insurance estimating $350.00 annually per unit7125.40 Annual property Taxes.All utilities are separately metered and paid for by the tenants10% maintenance5% CAPEX /Reserves- The first 8 units were constructed in early 2010 so I am not too worried about major CAPEX at this pointWhat else am I missing?
Mike Thoms
General Release
27 March 2014 | 1 reply
Am I reading this right or have I misread the meaning.
Jesse Curtis
Milwaukee Duplex Analysis
22 December 2017 | 4 replies
With Pat's estimate of 10% of gross rents it looks like that is both Cap expenditures and maintenance, so am I doubling down with having 10% for Repairs and another line item for 6% CapEx?
Laura B.
Calculating Fixed Costs (Cash Buyer + Realtor)
22 January 2018 | 5 replies
What am I missing?
Ashley Parker
How to make sure a private lender is legit?
25 February 2019 | 8 replies
But one I found I looked into their state business search and states the business is suspended, so of course the type of person I am I start questing this lender and she state that her company is struggling over ownership.
Jesse Richardson
Should I Buy and Hold in Akron, Ohio?
14 July 2015 | 9 replies
Always tough to say, but the things I always think about are who am I working with and would they own property or do they own property in those areas?