27 April 2012 | 7 replies
Chad, you may want to refer to the 2% 50% guide many investors use to evaluate a potential property. a 90K purchase price should generate gross rent of $1800 a month. many investors settle for much less 1 or 1.5 % of purchase price if appreciation is the prime objective in the more expensive upscale markets. ( given your rent this is not an upscale area).
1 May 2012 | 11 replies
i have a property I just purchased (last week) and am considering either rehabbing (2 unit) or selling out.Purchase price (total HUD) 12,300 or soRehab needed $25,000would rent for about $1100/monthOffer 1 is $16,000 cashoffer 2 is 12,000 cash and $800/mo for 7.5 months.How can i objectively decide between A. fix and rent, B. offer 1 and C. offer 2.?
2 May 2012 | 2 replies
There are numerous factors that go into what makes a subject property better as a flip or rent.What are some of the factors you use to evaluate the subject property to reach a conclusion?
7 May 2012 | 7 replies
I'll pile on with the same sentiment... the objectives you consider for satisfying your requirements for a personal residence will typically be wildly different than the ones you consider for an investment property.
30 November 2016 | 54 replies
I think it is a much better venue for the second Summit, easy for all to get to, lots to do, numerous venue locations, etc.Plus, if you look at the stats, the largest showing of attendees as the 1st Summit were from West Coast by far.
3 May 2016 | 45 replies
He has lied numerous times and been a pain this whole entire time.
9 May 2012 | 2 replies
I am a real estate investor/wholesaler with numerous deals under my belt.
11 May 2012 | 9 replies
If there is something that will be an objection to most buyers, the time on market will be longer.
19 January 2016 | 53 replies
I was told by one expert that if the state authorities object to it, then stop doing this.
25 June 2012 | 8 replies
Not sure about renters who occupy the property.Actually in Louisiana you are required to give notice to the owners and may contact them more, if your objective is to get them to redeem the property.