1 July 2018 | 9 replies
I even expect to get charged 300 a sq. ft. for remodeling cost knowing could shop for 180 a sq. ft. and sell lower than A.R.V. and still make Profit.
28 November 2015 | 12 replies
But if unable to find anyone, I feel like it's unfair for me to return their deposit, not charge any early termination fees, and me take the hit when one of my tenants signed a lease to stay until May (which is our peak rental season and why I had an 11 month lease signed).Please provide your expert opinions.Thanks,Nick Fuglaar
28 November 2015 | 5 replies
.$322.83/month Principle and InterestMonthly Cash Flow: $8.97I know This isn't a great cash flow deal, but I would essentially break-even until the property is paid off in 10 years if I held it as a rental.The other scenario, which I am leaning towards is to sell to an owner occupant with a wraparound mortgage.I could increase my cash-flow substantially, get a decent down payment, sell for a higher financed price, charge a much higher interest rate, and enjoy less management headaches.If I sold on a wrap I could sell for $39,900$5,000 down (tax refund time soon :)$34,900 amortized for 15 years @ 12.75% Interest = $435.84/month PIThis would allow me to make money on the front end ~$4,000 and make $133/month cash-flow.I could also play with the numbers a bit to make a higher IRR, but this seems like a doable scenario.Would you buy this?
12 April 2016 | 13 replies
To do a tub, he charges $275, and to do tub surround tiles, and the tub, $475.
28 January 2016 | 2 replies
You need to find out what fees are involved in the transfer as some developments charge high transfer fees.
1 December 2015 | 6 replies
I'll will be the one doing the house hunting and putting money down and he would be in charge of rehab.
25 November 2015 | 5 replies
NO communicating with you, keep proceeds of rent, poor tenant management.....drinking, drugs........ over charging?
26 November 2015 | 17 replies
Do the numbers still make sense if you had to charge 10 or 20% less for rent?
25 November 2015 | 2 replies
After 2 years of owning it, not only has it generated a steady stream of positive cash flow, but we have applicants bending over backwards to rent it out, and it has increased in value by $200K!
25 November 2015 | 1 reply
I have a group that meets monthly(my profile has details), there is another group that meets monthly, there are 2 real good BIG groups that charge $140+ per year but are great for networking.Start meeting people, learning, business cards and let everyone know that you are looking for properties to purchase.