Rich Weese
National security threats. Which is the worst?
24 September 2010 | 77 replies
I recently watched "Jericho", a TV miniseries that is now available streaming from Netflix.
Dale Osborn
How Safe is Wall Street Investments?
30 November 2010 | 54 replies
Can anyone tell me what movie that is from?
Ben Kevan
Anxiety of First Rental
5 February 2011 | 17 replies
But there are some big moves coming into the city (medical mart / convention center, aquarium by a private investor, guy from iron chef just opened up a shop) and the house is a few houses down from the house on the movie "A Christmas Story".
Eddie Ziv
HUD reduce section 8 rent!! 110% FMR to 90%
2 August 2009 | 29 replies
What the big O is doing here is good, you will now have to get the tenant to kick in some more money, maybe cut back to a 42 inch TV from the 60 inch they wanted to buy, or do without a cable movie once a week or so.
Richard Warren
Obama Can Sure Spend It!
26 February 2009 | 21 replies
Surely if it happens in a movie, it must happen in real life.
Hans Cooke
Need advice on investment property
10 January 2014 | 34 replies
I think what both of you are saying is that likelihood (or probability) is less when you are not leveraged (fewer units) , The impact could be more severe than if you leveraged and owned more units Let me quantify Basis From example above $300K start with $50 K houses / Rent $750 Expenses (%50) $375 ( you still have taxes and insurance regardless if you carry a mortgage or not) Appreciation 5% Option 1 Buy 6 $50K houses free and clear Starting equity = (300K value – 0 Loan Balance) = 300K Income = $750 Expenses (%50) $375 Cash Flow $375 Times 6 units = 2250 Month (same as Mr Duncan Demo) Option 2 Buy 12 $50K houses ($25K Down, $25K Financed) Starting equity = (600K value – 300K Loan Balance) = 300K Income = $750 Expenses (%50) $375 P&I (25K at %5 for 30 years yields monthly payment of $134 Cash Flow $240 Times 12 units =$ 2880 Month Risk assessment / Management While the probability of getting a bad tenant is more with the greater # of units, The IMPACT would be less: Risk Analysis Hazard : getting a bad tenant that late/skips on rent Effect: you lose one months rent ($750) Probability of Incidence (PofI) = in our example 1 in 20 (5%) Option 1 PofI = 6 units *(.05) = 30% chance Impact + (-$750 cash flow ) -> Net cash goes from $2250 to (2250-750) $1500 a (%33) decrease Option 2 PofI - 12 units * .05 = %60 chance you get stuck Impact = ((-$750) cash flow -> net cash goes from $2880 to (2880 – 750) 2130 = 26% decrease So while the chance Is greater with multiple units , the impact is lessoned due to the other income streams.
Travis Thornton
Security camera system for a 4-plex
3 December 2017 | 6 replies
Another option with the internet connection would be a cloud-based setup like CudaEye, where each camera holds footage and streams it to an off-site server.
Craig Hewitt
Invest as a property owner or private lender?
8 January 2014 | 22 replies
Then a book called the Income Stream by Goodman (can't remember his first name) takes you through how to build the calculations into a spreadsheet.
Kyle Bigger
First Post but not new to BP
24 January 2014 | 9 replies
I love to play just about all of them, but aside from an occasional movie I don't even use the TV.
BRadley Cottam
SFH Red Flags
5 August 2013 | 5 replies
There is a street I know of that DOES have a stream under it and many of the homes on one side of the street spanning several blocks have water problems in heavy rains.Somehow and for some reason, someone called it Lakewood Avenue...go figure.