Ryan Harris
What's most profitable?
1 June 2008 | 22 replies
What positive cash flow you got is now taken away by the repairs that you have to make - so you can get someone else in there.
Cindy Nevarez
Hello from Mesa, AZ!
9 June 2008 | 12 replies
Our own house is in a good position though since we bought it 8 years ago and didn't refinance it up the wazzoo like many of our neighbors did.
Bill Pryor
New from Clearwater Florida
6 June 2008 | 4 replies
Right now I'm in a really good position to help folks on the web snd prefer it as I'm not chasing and everybody loves me... less stress.
Cindy Nevarez
New Investors in AZ?
10 June 2008 | 6 replies
But everything is still too high there. also, I DO expect to make a positive cash flow.
Tracy Montarti
new from Pittsburgh - (finally) ready to get started!
5 September 2008 | 6 replies
I love doing that and will continue to do it, but I've been interested in real estate investing for many many years and have done lots of reading but was never in a position to actually do it (or at least I thought)... everything else took precedence.
Mike McClung
Hi from Singapore
13 July 2020 | 5 replies
If the billionaires have an eye on where you're at, you may be positioned quite well there.
Fred Shandler
How to adjust the 50% rule to reflect higher property taxes?
11 June 2008 | 18 replies
I'd like to see how a $150,000 house bought near retail price has a $150 positive cash flow each month!
Account Closed
Small hard money loan TX
30 June 2008 | 7 replies
I plan to buy them extremely low...It wont make me a millionair but I know the rents and I figured I can bring in a decent positive income if I buy them low enough.
Michael Juve
I want to know how ridiculous this sounds.
1 July 2008 | 23 replies
MEJ I am in somewhat of the position you are.
Holly Hansen
Is this Duplex a good deal?
17 June 2008 | 7 replies
. ($350)One is on social security and is disabled – other pays rent cashiers check ($275)Unit mix 2 x 2 bd/ 1 bth Here are the numbers:Price $26,000 (they will only accept cash) I can come up with about 10k in cash but would have to take a personal loan to cover the restGross Rent: $7,500 (100% occupancy consistently)Expenses –A) $1975 (owners claims with property mgt included)OR –B) $3000 (if I assume a 40% of rents =expenses) NOI:$5,525 (if use A expenses)OR$4.500 (if use B expenses)Even if I was to 100% LTV at a $26K price at approx 7.5% Annual Debt Service would be: $2340So Annual positive Cash Flow would be: $3185 (if expenses A – owner claims) (or $265 a month)OR $2160 (if expenses B – using 40% of gross rents) (or $180 a month)Repairs known (before property inspection) needs new exterior and interior paint (additional $1,500), Roof is approximately 10 years old The money seems small but consistentDuplex Located in Buffalo, New York There have been a lot of foreclosures in that area – some I can tell were investorsOn the plus side, these tenants don’t seem like they are going any where soon.