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17 September 2017 | 3 replies
Expenses, insurance ect....once you have these numbers, you can estimate cap rate and NOI.
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18 September 2017 | 5 replies
I'm not sure how much you're financing, what property taxes are, insurance, etc.
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17 September 2017 | 1 reply
I've read many books,& listening to YouTube, podcasts etc.. but you can only get so much from the Internet as opposed to being there in real life scenarios
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12 November 2017 | 13 replies
you'll probably be better off to take the money that the insurance company offers you and then just selling the house/Raw land.
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1 December 2018 | 9 replies
I'd recommend getting the proper E/O insurance (both for yourself and the Broker), as well as a good amount of General Liability insurance for yourself - but this ends up being peanuts compared to what you would spend if someone wanted to take you to Court over a minor trifle... and had the evidence to prove you weren't licensed to perform the duties of a PM.
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18 September 2017 | 2 replies
HVAC is 5yrs old Plumbing is good unsure of the age.Purchase 88k Loan FHA 3.5% down bed/bath 2/1 each sideSide 1 is currently rented for $440 (below market) by $45 for the sizeSide 2 I will be living in with a roommate and room rent is $330 (median market for a room for the size)Side 2 COMPLETELY RENTED will be $675 (median for market)Owner pays near $180 for water a month and tenants pay the rest of the utilitieswith mortgage, insurance, taxes, fees, monthly payment to own the property is $611.87I am really just trying to cover all of my bases right now.
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17 September 2017 | 1 reply
Owner said has long term tenant on one side of 9 years , building has had great rental history. 600*2=1200 monthly1200*12= 14400 yearly taxes/insurance =2800 yearlyrepairs/maintenance 10%= 1440vacancy 10%=1440 14400-2800-1440-1440=8720 NOI20% down on 99000 @ 4% interest 30 years =19980 mortgage payment roughly 382 a month /382*12= 4584(NOI )8720 - (debt service )4584= 4136 monthly cash flowcash flow 4136 / (money invested) 19980 =20% ROIAm i missing anything here ?
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28 May 2018 | 23 replies
I live in Leavenworth WA and my husband's uncle just moved to Richland from the Bay area and is loving the change in pace of life!
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18 September 2017 | 5 replies
This is more life advice, what do YOU want to do with your time?
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18 September 2017 | 2 replies
(No info on taxes, insurance, etc....but assuming nothing odd there, the numbers seem OK.)