Allen Underwood
Pueblo hardwood floor contractor
4 April 2018 | 3 replies
Does anyone have a good hardwood floor contractor in pueblo.
Joe Senchuk
Lease expires, tenant signalling they will refuse to vacate
19 April 2018 | 33 replies
I've been a general contractor for 23 years and have faced my fair share of issues (as every single GC I know does).
Esteban Hermosillo
VA loan MultiFamily properties.
5 April 2018 | 6 replies
My rent is $1705, water and sewage $60, electricity roughly $70 and I make about $110k a year.
Keith Linne
First Deal Analysis Feedback
4 April 2018 | 2 replies
I work full-time as a general contractor and have my Residential Building Contractor and Residential Real Estate Broker licenses in Minnesota.
Keith J. Davis Jr.
How to protect your interest in a property with contractors?
4 April 2018 | 2 replies
Quick question, I've been looking at rehab projects with contractors and have been asked to disclose property information (asking price, ARV ect.)
Matthew Irish-Jones
First Flip Pictures Depew NY
6 April 2018 | 6 replies
Just need to refinish bar top and get contractor's tools out of basement.
Isaac Braun
Cost of Insurance, SFR
7 April 2018 | 20 replies
My insurance company charges a lot more if the the home is older and does not have documented updates to the electrical and mechanical systems.
Max Householder
Our First Investment Property: Year 1
9 October 2018 | 6 replies
I found posts like this to be helpful when I was first learning about investing in real estate, so hopefully someone on here can get something out of it.Our goals were to cash flow $100 per month per door, have a cash-on-cash ROI of 12%, and achieve a total return of 20%.Purchase price: $179,900Our loan is a 30-year fixed rate residential mortgage at 4.25%25% Downpayment: $44,975Mortgage Payment (Principal & Interest): $663.75Operating Income$26,435 scheduled gross rents (4 units)$(1001) vacancy$600 garage rent$11 interest$26,045 gross operating incomeOperating ExpensesProperty Management (10% of gross rents): $(2543)Leasing fee for new tenant placement: $(550)Sewer: $(1397)Water & Trash: $(1232)Lawn care/mowing: $(350)Gas & electric during vacancy: $(228)City occupancy inspection aka government extortion fees: $(183)Maintenance & Repairs: $(3594)Property Taxes: $(2009)Insurance: $(983)$(13,069) gross operating expenseNet Operating Income: $12,976Mortgage P&I: $(7965)Cash Flow Before Taxes: $5,011Cash-on-cash return: 11%Equity Accrued: $2275Total Return: $7286Total ROI: 16%We hit our cash flow number almost exactly at $104 per door while our ROI and total return came in a little under our projections, but pretty damn close.
Val J.
Itemizing Contractor Cost
17 April 2018 | 4 replies
The contractor has quoted me a price of $5500.
Shaun Alexander
Contractor wants more money
21 April 2018 | 14 replies
The contractor attributed to almost 3 months of the delays.