17 December 2014 | 4 replies
How do you measure the value of a persons time?
18 December 2014 | 2 replies
That is, since "Plan A" above was we can not know, measure or guess what the outcome may be there would seem to be no need for any other plan or letter.
3 January 2015 | 12 replies
I have looked into BP however I have never really delved into it; but as I have been at this for so long without any measurable progress I am looking for any and all info I can gobble up that may lead me in the right direction.I look forward to potentially working with some of you in the future and appreciate the vast knowledge base that BP has to offer, I will definitely be utilizing the wealth of information on here to its full potential and berating as many individuals as I can with seemingly endless questions.
19 December 2014 | 5 replies
Thus far I assume I will be need to get: an appraisal, asked for price, comps, known issues with property, exit strategy (my aim is buy & hold), and intended rehab if necessary.What addition information would I need to acquire before going in search of alternative financing.
29 October 2015 | 11 replies
I know the motto "measure twice, cut once".
19 December 2014 | 13 replies
I agree looking at gross rents and operating expenses is where I would start in comparisons of alternatives, but looking for a way to quantify the comparisons with a summary measure.
30 January 2015 | 5 replies
A lender will use the calculation (75% * rent - PITI) to determine net rental income, so a deal like the one you describe is cash flow positive by that measure.
5 May 2019 | 14 replies
I am looking for some feedback from those who own other business interest that they are somewhat removed from the day to day.One of my goals for 2015/2016 is to buy another small business to ad to my portfolio.I am looking into the following businesses.Car washLaundromatHair salon/barber shopBeverage storeBar & grillFood truckI would be involved in the direction of the business but am aiming toward semi passive businesses or those that are more labor intensive but I can put the right people in place for the day to day.Do any of you own any of the above businesses?
3 June 2015 | 29 replies
"[28]The Michigan Historical Review writes that "Just as the riots following the assassination of Martin Luther King Jr. facilitated the passage of the federal Civil Rights Act of 1968, which included fair housing, so the Detroit riot of July 1967, 'the worst racial disturbance' of the century to that time, provided the impetus for the passage of Michigan’s fair housing law as well as similar measures in many Michigan communities."