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Results (10,000+)
Eddie Ziv Why do I hate dealing with wholesalers?
19 January 2010 | 39 replies
No - I say - a real house that you can put a tenant in and gross $500-$600 a month.
Maryann L. HAFA 90 day hold?
10 March 2010 | 6 replies
To participate in HAFA, homeowners must still meet HAMP’s eligibility criteria (principal residence, first-lien mortgage, serious delinquency, unpaid balance under $729,750, and a mortgage payment over 31 percent of gross income).Homeowners must be considered for HAFA within 30 days if they cannot meet HAMP’s requirements or if they specifically request consideration for HAFA.
Brian Gibbons MHI SAFE Act comment letter filed with HUD March 1st
29 April 2010 | 3 replies
Because NMLSR does not include these licenses in its system, these entities are unable to sponsor their employees.
Robert Burns Wholesale a Rental Property
3 August 2010 | 3 replies
Gross rental income is $2650/mo.
Account Closed Smoking ban moves to private residences
30 August 2010 | 11 replies
Another situation that has come up here is a cigar lounge that was shut down because employees might be affected by second hand smoke.
Kenneth Lee Professional direction need
25 October 2010 | 32 replies
--do the numbers and concentrate in certain price range homes --where you have enough profit margin and many hoems -- called farming -- then spend more money more effectively in that area -- Do not cut bandit signs in half- have a Website --with auto responder and landing page -- use google voice with answering --script --screen callers --get only motivated sellers -- direct mailing letters and post cards --hire students at $5 per hour to make phone calls - FSBOs -- and research Criags list -- place ad on Craig list, local Sundays paper - community papers and Penny Savers papers --You are buying a Business and Freedom with lot of income -- you pay like Franchise Fee for Subway or Mail Box etc --so $ 5000 or $ 10,000 is not too much --if you have time and willing to work full time 60 hours a week until you Flip two deals --then let other employee do all work -- I assume --you said you are only Marketing for Motivated Sellers --meaning you have lots of Cash to buy your self and do rehab or Flip ?
Gary B. Why did you choose REI over other business plans?
27 May 2012 | 10 replies
.- It is a business that doesn't require employees (you will understand if you have a few).- When you own the property, it doesn't lose all of its value like a stock investment in a company can- It is an inflation hedge (my understanding is that the only main general investments in the Great Depression that held their value beginning to end, were gold, real estate and TBonds).- You build equity (paying off mortgages), - It is a better leveraged investment than things like commodities trading.- As others said, I believe most average people's wealth came through real estate (and perhaps their own business, which this is also)
Matt Blutowski Rough estimates wanted
16 September 2012 | 30 replies
If it takes $100K to rehab the property in order to generate $2200/month in gross rent, you're probably looking at about 5% cash-on-cash return if you put 25% down and get conventional financing.
Raghu Kota Struggling to decide: Sell vs Rent out my home?
27 September 2012 | 12 replies
That simply says that 50% of the gross rents will be consumed by expenses (i.e., taxes, insurance, routine maintenance, property management fees, utilities (at least when vacant), CPA fees, legal fees, make-ready costs, etc), capital (big expenses that have to be capitalized over multiple years - roofs, furnaces, sewer lines, etc), and vacancy.
David Turner Just closed on 32 unit apartment
6 June 2017 | 91 replies
Let's call NOI 82,000.So at 50% costs gross expected income is 164,000 or 427 a door per monthIf landlord pays water 60% gross income is about 206,000 or about 536/doorThe 5 year balloon is the killer.