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15 November 2017 | 5 replies
SFH: 53K purchase price and 850 rent, After taxes, Insurance, management, maintenance, trash and vacancy your looking at 483 a month cash flow. 10% cash on cash return.https://www.biggerpockets.com/calculators/shared/799536/883374da-28f1-4c6c-8db3-66a54da2a19c MFH: 95K offer with 45% down probably could raise rents a little to get 1400/month After all the expenses plus the debt service you're looking at 528 a month cash flow with 12% cash on cashhttps://www.biggerpockets.com/calculators/shared/799536/92455a43-f803-4687-a155-214530dc54d1MFH: 95K offer with 20% down drops you to 401 a month cash flow, but you only used 26K giving you 18% cash on cash return leaving you with 24K to go buy another place... https://www.biggerpockets.com/calculators/shared/799536/37e0d7d1-2628-4c90-9978-7af38635110dDepends a lot on your goals.
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14 November 2017 | 3 replies
I️ have flat out told sellers they can get more money with an agent listing there property and I️ still got the deal when I️ told them my benefits of fast and hassle free service.
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15 November 2017 | 4 replies
We use a paper application, pre-screen, and scan it to a service if they make the first cut.
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17 November 2017 | 7 replies
Buyers will ask for custom changes.
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15 November 2017 | 4 replies
I have estimates of the costs for architectural services and a ball park figures for the renovation costs, acquisition costs and a financial projection of the revenues and investor recompense.
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15 November 2017 | 7 replies
Good luck and thanks for your service to our country and sharing your story!
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3 December 2017 | 4 replies
That being said, it is worth mentioning that if you provide a value or service, you should be compensated, regardless of the income class.
15 November 2017 | 2 replies
Most of the time the income generated by the building won’t even cover debt service.
28 November 2017 | 5 replies
Remember when choosing a property management company or any other contracting service for that matter, CHEAPER is not always (and usually NOT) the best.
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17 November 2017 | 7 replies
My company (Holton-Wise) for example sell offers a turnkeyesq service where we broker deal & then do everything you mentioned above in house.