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8 November 2019 | 0 replies
But the internet keeps us connected so well...I did enjoy the group which was facilitated through BP, but I thought that these folks were doing good and are all on their journeys, but it wasn't a specific group of people that were into the same things or overcoming similar obstacles and everyone was mostly pretty fresh.
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9 November 2019 | 22 replies
@Douglas Montgomery, I couldn't get the link to load, but if you want to list out the numbers below.Income - Expense = NOIExpenses must include:maintenance & supplies taxesinsuranceproperty managementcap-ex reserveslawn caretrash serviceutilities (if owner pays)snow removal (if required)internet (if provided)security system (if provided) advertisingThen subtract debt service from NOI to calculate Cash Flow.Also, NOI / Total Capital Invested (purchase price + rehab + closing costs + holding costs) = CAP Rate
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24 November 2019 | 21 replies
This brings me to my second question and first tip.Tip#1: While no one can argue that books are a great resource, if you're like me and are diligently managing you budget, the internet has more information than you will ever be able absorb, extort it for everything it's worth.
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12 November 2019 | 36 replies
I don’t think anyone is going to open up their tax returns on the internet, but.....Average numbers I would say Cable/Internet: $175Electric: $200Water: $0 it’s well water (which has pumps and filters that can break any time) Propane: $300 per year Maintenance: good luck guesstimating this one Need more details to get you close to what you seek but @Avery Carl has all of your answers.
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11 January 2021 | 20 replies
So it's better to leave them dormant for a few years, not to close them.I'm not a lawyer, so take this like any other free advice from the internet.
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13 November 2019 | 13 replies
The internet is an amazing directory for groups and professional meet-ups.
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10 November 2019 | 10 replies
I know which professionals I'll need (realtors/agents, mortgage brokers/bankers/lenders, inspector, attorney/escrow/title, contractors, accountant, management company), but I haven't the faintest idea on how to find the right people beyond endless internet searches and screening, or hoping to find the right professionals on BP in the specific area I want to invest in.
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16 November 2019 | 39 replies
You are joining quite possibly the greatest community of helpful people the internet has ever known.
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10 November 2019 | 12 replies
Don't expect strangers on the internet to serve up everything you need for you.
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11 December 2019 | 8 replies
The internet is your friend for competitive loans.