Trent Kruessel
Minimum Rent for SFR in Kansas City
12 July 2018 | 11 replies
1k + is pretty easy for most spots... even apartments exceed that.
Alex Kouramanis
Modular Home flip model
30 August 2018 | 6 replies
Depending on the zoning some districts require minimum sq ft which easily exceeds say 1 or 2 containers for example.
Nick Hill
I don't trust List Source %Equity
8 June 2016 | 6 replies
It depends on the particular county, as various providers have different "depth" (years of history) for each county, you'll note that transfer date for example becomes almost worthless at some point (when you exceed that providers depth in that county).
Josh C.
When to form your entitiy?
29 March 2015 | 14 replies
. - at a minimum, most underwriters will require a 4-point inspection (plumbing, electrical, roof, & HVAC) before issuing an insurance policy.In some cases, you may be able to get a "liability only" policy that would provide some protection and a duty to defend in the event of an injury or other incident on the property, but you run the risk of an award exceeding your insurance limits and dipping into (or at least tying up) your personal assets, making the LLC or other legal entity even more critical.In my opinion, if you are serious about moving forward as a rehabber or landlord, the expense to form an LLC or corporation is minimal and should be one of your first moves.Previously posted elsewhere:"An LLC is more for asset protection than tax advantages (though it may provide some tax benefits if you opt to tax it as a corporation...talk to your accountant).Example: Contractor falls off the roof and breaks his leg at your property.
Shafi Noss
Mortgage Rates Are Lower Than Rents!
22 May 2018 | 12 replies
The situation is the way it is because households are still rebuilding their credit and rates are very low, and once credit is rebuilt the cost of owning can exceed that of renting, especially with higher mortgage rates.The economics at $750 are different: the tenant pay does not have access to credit, he does not want to take care of a home and will let not fix leaks or change aircon filters.
Ajaya A.
What would you do with 1 Mil Cash? Multifamily?
31 May 2018 | 30 replies
Good luck. 10-15% on a syndication for me is not attractive because i believe i can far exceed those returns on the right deals ( and i believe any smaller investor , especially in the sub 1M space can ) if they work hard enough and become knowledgable enough -you might have to tweak your asset class strategy and what markets you are in though )
Rowdy B.
Seeking modular manufacturer/low cost build - Flagstaff AZ
15 May 2018 | 3 replies
The typical width for a double wide is 28' x (your choice) this is because they are transported by semi truck, anything wider requires special transport i.e. wide load chaser cars and longer transport and setting because they exceed average street/highway widths.
Gary Lansford
House Hacking a new SFR in 78660 Zip (Pflugerville)
13 May 2018 | 8 replies
One more perspective, the reason the duplex is better even if it cost 20k more is that the income production far exceeds the small increase monthly mortgage payment.
Lindsey Crawford
Best place for a business checking account and why?
4 December 2017 | 7 replies
If I should exceed the number of transactions allowed on the account (I think it's 50), then they charge a flat 25 cents per additional transaction.
Andrey Grebenetsky
Newbie from Dallas, TX - buy a duplex or a fourplex?
12 June 2018 | 21 replies
My combined return on “cheap” (compared to what you’re likely paying) is exceeding 20 percent (this includes cash flow, appreciation and loan paydown).