Benjamin Ervin
Deal Analysis - Good First Flip?
8 November 2017 | 3 replies
PURCHASE COSTS: Purchase Price ($62,000.00) Inspection(s) $400.00 Appraisal(s) $450.00 Survey(s) $0.00 Lender Fees/Costs $0.00 Closing Costs ($5,200.00) Other $0.00 Total: -$66,350.00 REHAB COSTS: Labor (from page 2) ($13,900.00) Materials (from page 2) ($16,380.00) Total: -$30,280.00 HOLDING COSTS: Mortgage Payments $0.00 Property Taxes ($300.00) Insurance ($700.00) Utilities ($900.00) Lawn Care $0.00 Other $0.00 Total: -$1,900.00 SELLING COSTS Selling Price $130,000.00 Commission To Agents ($7,800.00) Buyer Home Warranty ($500.00) Buyer Termite Letter ($50.00) Buyer's Closing Costs $0.00 Seller's Closing Costs $0.00 Total: $121,650.00 PROFIT: $23,120.00 On to my questions:- Other than potentially needing to pay some of the end buyer's closing fees, am I missing anything else that should be accounted for?
Peter Sik
Low credit score but with co-signer
8 November 2017 | 8 replies
Owing money to other landlords and utility companies unacceptable, as that has a direct reflection on their ability to maintain a successful tenancy.We don't accept co-signers.
Maria McCreless
Online Leads - working for you?
11 June 2018 | 9 replies
Have you had any luck with online leads?
Jason R.
Getting the ball rolling in Snohomish, WA (NE of Seattle)
14 November 2017 | 10 replies
I have a strong desire to earn money in an entrepreneurial fashion and utilize my skills in new ways.
Akash Jain
My experience with USREEB - turnkey property
10 August 2019 | 35 replies
As of now, I do not have any updates on tenants/applications or a confirmation on pending/remaining repair itemswater (utility) ON?
Joseph Dzwiniarski
Deal Analysis - Kansas City Class C property
20 November 2017 | 24 replies
Tenants pay all utilities and one of the units is rented for $750.
Sergey Pshenichkin
Advice for a renter with low income and 2 kids?
15 November 2017 | 7 replies
Not sure what her exact score is, but it could be boosted by paying off her $300 credit card (which has a high utilization at the moment).
Frank A Enriquez Jr.
First Post - New to Investing & BP
14 November 2017 | 6 replies
Eventually, I will be utilizing the BRRRR method when financing permits.
Chris Paez
Refi as a SFR or wait unitl it is constructed to a 2 unit Multi
15 November 2017 | 4 replies
Most 2 unit properties have similar square footage to each other and have separate utilities and separate addresses.
Ryan L Grinstead
Tenant screening. What do you use?
15 November 2017 | 4 replies
In addition to running the screening report, on your online application request previous landlord's phone numbers as well as their number for their place of employment.