26 February 2015 | 20 replies
So SFRs work fine.They do cash flow for me, and because I replace every major system, I have effectively zero maintenance calls, which is very important to me because I have a busy life with a job that requires frequent travel.
16 August 2015 | 11 replies
I don't know about pricing but would guess it would only be cost effective fro higher end homes.
25 February 2015 | 10 replies
Unit Type/ Rent /# of units2 BDR $750.00 (16)1 BDR $670.00 (4)Studio $500.00 (3)Monthly $16,180.00Annual $194,160.00 Vacancy (10%) $19,416.00 Effective $174,744.00 ExpensesGas $3,600.00 Electric $1,500.00 Taxes $30,000.00 Insurance $10,000.00 Maintenance ($500/door) $11,500.00 Cap Ex ($250/door) $5,750.00 Management (6%) $11,649.60 Landscaping $5,000.00 Accounting/Legal $1,500.00 Total Expenses $80,499.60 NOI $94,244.40
24 February 2015 | 8 replies
Would love some advice on how to do so effectively to give myself the best chance of making money in 3-5 years when I sell.
19 May 2015 | 5 replies
It looks like Ben's idea of letting the S Corp pay those health insurance premiums prior to disbursements and salary would be an effective way to get that done pre-tax.Serge, any other ideas?
24 February 2015 | 0 replies
I am wondering if the credit crunch on the mortgage side has negatively effected their plans to sell their properties.
3 March 2015 | 4 replies
I have never come across this before and I was wondering does the quit claim deed have any effect on the foreclosure?
25 February 2015 | 14 replies
While it may be not work effectively it certainly can be done.
1 March 2015 | 10 replies
OR do I try to subordinate my HELOC under the new loan but run the risk that mortgage rates go up by the end of March effectively decreasing my cash flow amount?
2 March 2015 | 18 replies
Other examples would be private lending for down payments, borrowing from family (not possible for me), doing a owner-occupied investment and saving the rent I would normally have paid for a year and then reinvest (this is my plan as of yet, but it seems that it would take a long time before I accomplished my goals), using a credit card to fund deals (which I will not do), partnering (very skeptical of some others motives since I am new), selling after a year or two (speculating appreciation of course, which is bad news) and various not so friendly ideas.Can anyone shed some light to what ways that I can roll into the next property fast so I can start the snowball effect in the first year?