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29 November 2015 | 11 replies
Utilize the tool bar to obtain whatever information you might need.
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25 November 2015 | 6 replies
We utilize various forms of technology to collaborate seamlessly with our clients and rarely have issues.If you are set on using someone local, search the BP forums for investors local to you and reach out to ask for a referral.
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23 November 2015 | 7 replies
At 93k I can get 10% CoC and $200/month in profit.Here are the numbers as I see them:% Down Payment 20.00%Down Payment $23,800 Remainder of closing costs$5,500.00 Total Due at Signing $29,300 Mortgage Rate 5.00%Length of Mortgage in years 30Monthly Mortgage payment $511.05 Taxes $135.25 Sewer and Water $- Trash $- Heat/Utilities $- HOA $- Cap Ex and Ops $150.00 Insurance $65.42 Mgmt Fee $103.50 Vacancy $93.15 Total Expenses$1,058.37Total Revenue $1,150.00 Cashflow/month $91.63 Cashflow/year $1,099.55 Cash on Cash Return 3.75%
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24 November 2015 | 9 replies
Yes, you can; however, both wholesalers & cash buyers will utilize bandit signs.
23 November 2015 | 6 replies
I have a duplex here in Ardmore, OK with very low taxes, all separate utilities that rents easy and currently grosses just about $9000 a year.
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2 December 2015 | 10 replies
That was very helpful.The numbers that I have at this point are as follows...HOA - $30/monthTaxes - $100/monthInsurance - $250/monthManagement fee - $140/month ($1400*10%)Sewer, water and utilities are paid by renter.I'm currently speaking with a loan officer about a cash out refinance to see if I could qualify for one as well as what the numbers would look like.
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23 November 2015 | 3 replies
We utilize various forms of technology to collaborate seamlessly with our clients and rarely have issues.If you are set on using someone local, search the BP forums for investors local to you and reach out to ask for a referral.
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7 December 2015 | 12 replies
My husband worries about the property value of our primary residence being affected by the continued decay of the distressed property next door, but after my quick study of the BP site and forums, I'm more worried about investing in a property that won't produce good cash flow, especially for our first buy-and-hold.
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24 November 2015 | 8 replies
Depending on area and specific property, you may also have some utility costs and/or landscaping.Trash service - some areas included in taxes, others usually tenant pays, but if landlord typically pays, add that in.Maintenance and cap ex, when you have a specific property you can fine-tune those numbers.
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24 November 2015 | 15 replies
Seems like kind of a tight deal to me especially if landlord is paying any utilities.