Daniel Dietz
Getting Money from ROTH IRA to ROTH SOLO401K?
26 August 2018 | 7 replies
To learn more about the Roth conversion rules, see the following. https://www.irs.gov/retirement-plans/rollover-to-a...https://www.irs.gov/retirement-plans/retirement-pl...
Jawad Abro
Sheriff sale “winning bidder gets his bid revoked”
23 August 2018 | 4 replies
I’m going to guess somewhere in their auction rules/procedures this is spelled out.
Anino Adokpaye
Virtual Assistants Service Recommendations
6 September 2018 | 7 replies
@Anino Adokpaye i use fiverr a lot but as for what your looking to have done i would go with upwork and before even hiring the help send messages back and fourth make sure the person is going to work at your standards most of them have a reporting system for you so that they can prove they are doing the work but still interview them (through messages) and find the one that fits right for you.
Isaac Chun
[Calc Review] Help me analyze this deal
25 September 2018 | 36 replies
I’ve take this into account and will have a property manager/cohost living on site to enforce house rules, maintain the property and provide customer service to our guests.
Jane Smith
Eviction Process in Alabama
24 August 2018 | 5 replies
If Day 7 is a weekend or holiday or day the courts are not open, then defendants have all the way until the end of the next day that the courts are open to file their answer.Alabama Rules of Civil Procedure, Rule 6, says:(a) Computation.
Maciej So
Collecting From Tenant
25 August 2018 | 3 replies
Find out what your rules are for abandoned properties, clean it out, and get it re-rented.
Nikki Beall
How did you know when to start?
30 August 2018 | 6 replies
In my opinion, the most important thing is to establish some sort of system and rules for yourself that will make the process less scary to you.
Brandon Durrett
Baltimore, MD flip to sell or to rent?
26 August 2018 | 1 reply
Do you meet the 1% rule?
Jeff Price
Investor Friendly Title Company
30 August 2018 | 2 replies
PM me if you want more info about them (I think BP Forum rules prevent me from posting phone numbers, email addresses, and website addresses.)
Spencer Wagner
Investing in Duplex that needs roof and siding repairs
24 August 2018 | 2 replies
Asking Price 215000 Primary Inputs Purchase Price($) $ 190,000.00 Downpayment(%) 3.5% Units(#) 2 Monthly Rent($) $ 1,150 Occupancy Rate 75% 30 Year Loan Rate(%) 4.50% 15 Year Loan Rate(%) 3.90% Secondary Inputs Closing Costs(%) 6.0% Property Tax(%) 1.8% Insurance(%) 0.8% Maintenance(%) 10.0% Property Management(%) 10.0% Improvements($) $ 20,000.00 Closing Costs($) $ 11,400.00 Inspections/Misc($) $ 600.00 Value (30-Year Mortgage Scenario) Monthly Rent $ 1,725 Annual Rent $ 20,700.00 Value Per 2% Rule $ 86,250 Value Difference (2% Rule) $ (103,750) Annual NOI $ 13,800 ROI (Pre-Tax) 8.36% ROI (Post-Tax) 8.1% CAP Rate (50% Rule) 7.3% CAP Rate (Assumed Expenses) 6.0% Annual Expenses Annual Property Taxes $ 3,420 Annual Maintenance $ 2,070 Annual Insurance $ 1,520 Property Upkeep/Other $ 200 Property Management $ 2,070 Total: $ 9,280 30-Year Mortgage Results Money Down $ 38,650.00 Monthly Gross Rent $ 1,725.00 Monthly Loan Pmnt $ 929.01 Effective Rental Income $ 20,700.00 Annual Loan Pmnts $ 11,148.09 Annual Expenses $ 9,280.00 Total Expenses + Loans $ 20,428.09 Annual Cash-Flow (Pre-Tax) $ 271.91 Annual Return (Cash-Flow + Equity, Pre-Tax) $ 3,229.76 Annual Post-Tax Cash-Flow (Pre-Tax) $ 190.34