24 January 2017 | 4 replies
Here is a high-level breakdown of the 4-unit property I have been considering:Asking Price: $149,900 Total Rent/Month: $2,135 = $25,620 for the yearExpenses (based on 2015): $12,371Cap Rate: 7.80%Cash ROI: 13.77% NOI: $11,968 Annual Cash Flow: $4,720 (with a mortgage, tax, etc factored in)Property Details: Four 2-bedroom, 1-bath apartments.Clean and well maintained property.
24 January 2017 | 22 replies
Therefore, I believe this property will maintain its value if not increase over time.The second property is located at an intersection of a busy, but quiet, highway that has seen development creep its way in a quickened fashioned over the past couple of years, so it is fairly ripe to get.
24 January 2017 | 4 replies
Good tenants are attracted to maintained properties.The other side of the conversation is on the purchase/acquisition cost.
24 January 2017 | 1 reply
You might need to buy it for $135,000 to maintain the equity high.
26 January 2017 | 5 replies
Since you have already sunk the money on these ones, I would suggest keeping them supremely well maintained, and ensuring you get the full lifespan out of them.
27 January 2017 | 14 replies
Our reasoning is that you can get an average 7% return on the stock market more passively therefore if we going to get active we need to be compensated for.Are our targets unreal?
2 February 2017 | 27 replies
There are many ways to pierce the corporate veil, the biggest is failing to maintain a separate entity and commingling.
3 February 2017 | 43 replies
How about someone to run and maintain your servers, workstations, and network?
5 February 2017 | 5 replies
My down payment situation would allow me to put 20 percent down on a small townhome or home for a future house rental but I would probably not be able to put quite 20 percent down for a habitable duplex in this market and maintain sufficient reserves. leading to my question for all you MSP investors out there.
30 January 2017 | 2 replies
This property has been well maintained and had a new roof put on four years ago.The biggest repairs I see are possible electrical update in one building and some Decks that need replacing on the outside.I see value ad because of the low rents and could possibly add covered parking or storage to increase the NOI.