Kimberly T.
Fourplex that is in a "HOA" that has no dues...
16 October 2014 | 5 replies
Just because there have never been any assessments, I wouldn't count on that going forward.I would try to figure up reasonable costs to maintain the land and parking lot to the standards I'd want, divide that cost by 3 and budget that amount (probably tack on 10-20%) for it each month.
Will Wu
Is this seller playing games with me?
24 October 2014 | 70 replies
For some reason this universe works in a way that amazes me I just got a call out of nowhere from a realtor offering me another great deal that fits exactly my 7 figure budget.
Chris Mayfield
Making 1st Offer today at 5pm (Any last minute coaching?PLEASE)
17 October 2014 | 8 replies
Assuming the ARV is 220K based on your information, if an investor is looking at this deal using 70% rule, there may not be enough budget for a proper rehab.
Mark Robertson
Its happened: The first Crowdfunding investment that's NOT working out
19 September 2017 | 298 replies
Each deal shows comps, the budgets, the demographics of the area, the target sales price, the purchase contracts for the property, and a target schedule.
Minna Reid
Got a live one - now what?
19 November 2006 | 3 replies
Going off the numbers above the profits would be best case 18% and worst case 2%.So if everything goes perfect, you sell it for $250,000 FSBO in less than 3 months after only taking 1 month to do all the repairs, financing it with a low fee, line of credit or bank loan, and no unforseen repairs then you will make about $45,000 profit if you buy if for $175,000 minus repairs.Now if it turns into the rehab from hell, you still have to sell it for $250,000 but after taking 2 months to fix things you didn't budget for and trying to sell it FSBO for 3 months, you decide to hire a realtor who then sells it 3 months later so you can pay off your hard money loan then you will only make $5,000 profit, but you would still have to buy it for $175,000 minus repairs.
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What I think I know about tax liens (am I right?)
14 December 2006 | 6 replies
Tax liens are a like secured loans, the govt wants loans from you so they can balance their budgets.
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New From Atlanta
10 December 2006 | 8 replies
My head is filled with pricing for just about all areas of construction and rehab work so if you are ever trying to put together a budget I am more than happy to provide you with up to date sq ft pricing for things you will commonly come across in rehabbing or new construction.
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home inspectors-are they necessary?
3 May 2007 | 20 replies
He was in and out of the house. he had a detailed report generated from his truck. 100% on his A game.
Tracy Humphreys
Credit repair agencies...
26 March 2009 | 7 replies
Along with the credit repair operations, we also do Debt Consolidation, Credit Rebuilding, Credit Restoration, Budget Analysis, Mortgage Pre-qualifications, Mortgage Audit, Loss Mitigation, and Repossession and Foreclosure Prevention.
Frank Adams
Why won't people tell the truth in their ads?
6 April 2007 | 3 replies
I guess my cynicism radar has been goo enough at picking up on agent talk (and "investor" talk too) that I don't even contact the ones that look suspiciously like agents.Heck on the "cars and trucks" section of CL you can eliminate "dealers" on your search.all cash