Matt Heerwald
Lone Star Development in San Antonio
16 June 2017 | 4 replies
The most recent iteration has had the most staying power, and I think it's likely to still happen if Aqualand sells their stake or removes Smith as president.
Winston Solomon Jr
Cap rate for commercial properties
14 June 2017 | 4 replies
STNL freestanding a Mcdonald's and Chick Fil A is about cream of the crop with corporate leases.
Scott Hawley
My flip was saved by a 5 year old!
14 June 2017 | 9 replies
So the power cord is just dangling behind the cabinets, which I can barely see through a drawer which does not come out easily at all and would need to be disassembled in order to pull it out, grab the cord and stretch it to the far side of the drawer and plug it in.After trying to reach this any way possible, my agent and I were kind of scratching our heads and wondering what we would buy at Home Depot to plug this in and avoid taking apart the drawer/cabinet.I called out to my awesome 5 year old, Kahlan, who wanted to come with Daddy to the house and asked if she thought she could fit in this drawer and if she wanted to be a hero.
Andrew McCarthy
Waterfront Duplex - Private Sale - Divorce Sale (Possible1stBuy)
3 June 2018 | 2 replies
Utilities - Water and Sewer 58.33 (Confirmed from seller) - Gas and Electricity 208.33 (Estimating to confirm) - Garbage (NA for this property) - Cable, Phone, Internet 120.00 Pest Control (NA for this property) Accounting and Legal (NA for this property) Monthly Operating Expenses 1,085.00 Net Operating Income (NOI) Total Annual Operating Income 33,480.00 Total Annual Operating Expense 13,020.00 Annual Net Operating Income 20,460.00 Capitalization Rate and Valuation Desired Capitalization Rate 10.00% Property Valuation (Offer Price) 204,600.00 Actual Purchase Price 210,000.00 Actual Capitalization Rate 9.74% Loan Information Down Payment 21,000.00 Loan Amount 189,000.00 Acquisition Costs and Loan Fees 4,000.00 Length of Mortgage (years) 25 Annual Interest Rate 5.000% Initial Investment 25,000.00 Monthly Mortgage Payment (PI) 1,104.88 Annual Interest 9,361.50 Annual Principal 3,897.00 Total Annual Debt Service 13,258.50 Cash Flow and ROI Total Monthly Cash Flow (before taxes) 600.12 Total Annual Cash Flow (before taxes) 7,201.50 Cash on Cash Return (ROI) 28.81%The Official Details From Seller:Asking: $210,000.00Property DetailsStoreys: 2 Building Size:Lot Size: 1045 Square MetersBuilding Size: 2328 Square FeetEstimated Annual Taxes: 3093.00 (2017)Unit 2 Presently rented: Rental Income $900.00 /month (not including Power)FeaturesWater Front Property (In this small town)Flooring Unit 1 Laminate and Unit 2 Laminate, Vinyl and CarpetFoundation - Concrete with 4 foot walls for unit 2 apartment (allows for much natural light with large windows in all rooms)Heating - Baseboard, Electric,Other Inclusions - Dishwasher, Fridge, Stove, Blinds, Washer, Dryer in both units~ Taxes, Water/Sewer paid until the point of SaleOutdoor: Landscaped and water fountainRoof Asphalt ShingleServices Electricity, FibreOP High Speed Internet, Telephone and cable/satelliteWater and Sewer ~ Municipality System approximately $650.00 per yearRoomsMain Floor ~ Unit 1 1260 Square FeetKITCHEN / DINING ROOM 12’ x 15’LIVING ROOM 15’ x 15’LAUNDRY ROOM 6’ x 3’BATHROOM 6’-6” x 11’-6”MASTER BEDROOM 10’-6” x 11’-6BEDROOM # 2 (walk in closet) 9’-4” x 11’-6BEDROOM #3 9’ x 11’-6”BEDROOM / Office #4 9’ x 11’-6”DECK 12’ x 15’Rooms2nd Floor ~ Unit 2 Walk Out 1068 Square FeetKITCHEN / DINING ROOM 10’ x 15’LIVING ROOM 15’ x 15’LAUNDRY ROOM 6’ x 3’BATHROOM 6’-6 x 11’-6”MASTER BEDROOM 10’-6 x 9’-6”BEDROOM #2 9’-6” x 13”BEDROOM #3 10’ x 11’-6”UTILITY and STORAGE ROOM 9’ x 12’BABY BARN 8’ x 10’
James Lauer
New Construction Opportunity: Perfect Airbnb ??
16 December 2022 | 8 replies
@Ricky A. is there any way to do this HOA trick when buying a re-sold property in an existing HOA?
Riley Holt
Can I rectify this $8,000 mistake?
17 December 2022 | 30 replies
Quote from @Jon A.: Is it possible to install new sub-flooring to level out the floor to use what you have?
Kyle Curtin
I did something different this morning…..
3 March 2023 | 8 replies
The power of having time to myself to just breathe, sip my coffee, and go deep within myself for a little while was really powerful and there were a few things that became apparent:1.
Joe Splitrock
Where do you park your money?
23 May 2018 | 77 replies
@Joe Splitrock I am shocked that no one has exclaimed the magnificent power of cryptos yet lol :)
David Zheng
good vibes only please
24 August 2018 | 9 replies
https://giphy.com/gifs/H7x1H0veAJlo4/html5“Pessimism leads to weakness, optimism to power.”You're a beast!
Benny Gelbendorf
Testing the market before diving in
14 July 2018 | 17 replies
@Nick Rutkowski , I thought about my strategy - Flip or rentals with refinance, as I would like to be able to leverage my cash power.