9 February 2019 | 6 replies
When you buy all cash, having too much equity, you are basically buying your cash flow and the property itself is producing nothing.

13 October 2018 | 13 replies
The 10 year mortgage would produce on a 50k investment selling for 90k at 10 percent 32% ROÍ and a total return of 161,468 over 10 years.

10 October 2018 | 12 replies
A bathroom fan is probably going to produce very little, if any results at all, and it is never a good idea to vent anything into your attic -dry or otherwise.
19 October 2018 | 7 replies
What hurts the return is how minimal the leverage was.Interest rates have risen substantially but are still low by historical standards.I suspect your best option is dictated by what sort of appreciation you expect going forward. 50% appreciation in the last 5 years is pretty good but, due to your level of leverage, it did not produce a substantial ROI.

11 October 2018 | 1 reply
Many times I read that going direct with sellers produces some of the best deals, but what if it's listed with an agent and things seems to be taking longer than desired?

23 October 2018 | 3 replies
A guy you pay $15.00/hr to knows almost nothing through they may appear to by the way they hussle and swing a hammer but trust me a trained laborer will produce good quality work and a lot more for you.

14 October 2018 | 19 replies
Keeping the current financing in place but selling the unit with some sort of owner financing lets me (I think) enjoy the benefit of a cash out refi at a great rate while reducing/eliminating my exposure to the taxes and condo fee on the current property, freeing me to deploy that capital against a more CF producing property.

27 October 2018 | 2 replies
I moved to Detroit 3 years ago with big dreams, a pocket full of cash, and was naive about what I could expect and produce here in Detroit on my first project.

15 October 2018 | 15 replies
Mainly because of the potential CapEx cost compared to the minimum income they produce.

17 October 2018 | 7 replies
I've included a $6,000 cost for fire restoration as a miscellaneous item but it does not show up on this report.I've used a Deal Analyzer from FortuneBuilders and have become dissatisfied with it, but I'm feeling MUCH MORE CONFIDENT with the use and presentation format these calculators produce, so thank you to BiggerPockets for creating these tools and the website to help investors, especially for a rookie like myself.I believe she's negotiable as far as a price is concerned and I was thinking of beginning to start negotiating at $269K.