Kennedy Williams
How is my plan?
3 July 2013 | 10 replies
You can work 5 days a week under an accounting firm, while learning and reading a lot, engaging on networking events by realtors during the weekend, then slowly join and inquire on the process of becoming an investor or a realtor through a real estate company, work you way out while still maintaining your accounting career.In the end, if you are able to maintain both opportunities, you might find yourself getting more options in the future to nourish yourself professionally in other industries.
Ryan Watson
Title Search Tips?
3 July 2013 | 9 replies
If a buyer is willing to accept this, they should really be doing their homework to ensure that they know what they’re getting.Note: In my experience, the average person has no idea what the difference is between these two documents – but as an investor, this is a distinction that you should definitely be aware of.
Travis Sun
High utility cost for 3 and 6 plexes
1 July 2013 | 1 reply
Both of your examples are averaging $122/mo/unit for utilities.
Eric M.
Need advice on taking over a "free" duplex
2 July 2013 | 9 replies
Many people on here look for an average of $100/door per month, so $200 after expenses and mortgage is paid.
Arthur Banks
Rental purchase rule of thumb
5 July 2013 | 24 replies
Wow, Newton - 213 SF sold in the last 90 days, average sale $1,116,851.
Arthur Banks
Possible first (well second) deal
4 July 2013 | 5 replies
. ($51K) I'm hoping to get some numbers from my realtor before I go look at it.I looked at rentometer.com Median rent: $1095 Average rent: $1128 (I don't know how good of a gauge this site is.
Kennedy Williams
Ideal number of rental properties?
4 July 2013 | 19 replies
OTOH, if your rents average, say, $1000 per unit, $100,000 total per month, $1.2 million per year, you might be paying the PM $120,000 per year.
Christopher Giese
New Member from Midland, TX
4 July 2013 | 13 replies
I've been working in the industry for 5 years after having graduated from Texas A&M.
Jack Richards
Las Vegas Multiplex unit
8 March 2015 | 14 replies
It may barely hit the 1% rule, and won't be in a great neighborhood.I could be wrong, but that describes the average fourplex here for sale.