Jezelle John
[Calc Review] Help me analyze this deal
8 July 2021 | 1 reply
View report*This link comes directly from our calculators, based on information input by the member who posted.HARTFORD, CT490K LISTING PRICE150K - 25% DOWN PAYMENT PLUS EXTRA (JUST IN CASE) VIA HELOCCOVENTIONAL LOAN 30-YEAR AT 3.99% INTEREST RENT - $900 PER UNIT, COULD GO UP TO $1000 PER UNIT (AS PER RENTOMETER, ZILLOW, AND BIGGER POCKETS)UTILITIES - "GUESS-TIMATED" $500-$1000 (WATER AND COMMON AREAS-LIGHT)2 BED ROOM, 1 BATHINCLUSION OF PROPERTY MANAGEMENT
G Pyros
Exterior Vinyl Siding Damage
8 July 2021 | 6 replies
If you don't have any photos or a condition report when they moved in, you won't have much of a case when/if it goes to court.
Bryan Noth
Elon Musk's The Boring Co. grabs land east of Austin
14 July 2021 | 10 replies
Elon Musk's The Boring Co. grabs land east of Austin through a separate entityProperty records tie the tunneling company to 73 acres in rural Central TexasProperty records filed with Bastrop County reveal that Gapped Bass LLC purchased 73 acres in May in Northwest Bastrop.It would seem that the few dozen job postings in Austin for the Boring Co. and now the linked entity land grab East of Austin indicate Elon is setting up multiple shops in the region.
Brett Morris
What to do when cash on hand isnt enough?
8 July 2021 | 6 replies
Personal cards do report to you personal credit.
Ety Benichou
Help me analyze this deal_ BRRR study for student housing
8 July 2021 | 2 replies
View report*This link comes directly from our calculators, based on information input by the member who posted.Hi, I am looking at finding the best location in LA to buy a fixer upper to hold as rental for students by a cal state or LACCD college like LAVC in the Valley area, to then refinance and repeat.
Nhi Pham
first potential BRRRR deal. Second look?
8 July 2021 | 2 replies
View report*This link comes directly from our calculators, based on information input by the member who posted.
Peter Skrzypinski
Should I pull a HELOC on this property?
8 July 2021 | 2 replies
I recognize the ROI isn't super exciting compared to a lot of what's discussed here.PeterView report*This link comes directly from our calculators, based on information input by the member who posted.
David Gross
Has the cost of Lumber decreased?
8 July 2021 | 5 replies
A MarketWatch report posted the following after an earnings update from Home Depot:"The company said the reason it was able to pass the big increase in prices on to customers was because demand has kept pace: “When we bring the product into the store, it sells.”Our lumber suppliers have dropped prices and we're buying from those sources versus the big boxes.
Madina Shaik
My first Multifamily 120 unit apartment complex in Beaumont,Texas
8 July 2021 | 1 reply
I am happy to report a successful purchase of 120 unit apartment complex right next to Lamar University in Beaumont, Texas.Purchase Price: $5.1MLoan : 75% of LTCInterest Rate : 3.75%Rehab Budget: $250,000Operating Strategy: Value Add and increase NOI.
Sean Hou
RE: Freddie and Fannie (Conventional) Loan Quota
11 July 2021 | 15 replies
They arent even reported to credit bureaus