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Results (10,000+)
Michael Ablan End of year summary: Successes, failures and a mobile home park
18 January 2019 | 5 replies
We are currently sitting at 58 units total units owned53 additional units available to us the moment we have the financing to bring them down4 completed flips3 flips in the finishing stages3 wholesalesWe own and operate 2 AirBNB propertiesWe own a 20 lot mobile home parkWe purchased a historic limestone Inn which we will be converting into 17 apartments geared towards servicing our military clienteleI earned top producer status for my 2nd year and am opening my owner brokerageI'd like to go into detail on not only the keys to my success this year, but also highlight how extremely important my failures are to my success.
Jess White What is your favorite way to accept rent from tenants?
21 November 2018 | 165 replies
Tenant can choose to pay with a credit card for an additional fee.Zelle = faster but it has dollar amount limits ($2,000 per day, have them pay one day after another)Venmo = faster but it has dollar amount limits ($3,000 per week, can't really use if rent is > $3k)
David Haley First buy and hold investment
19 November 2018 | 2 replies
Originally a 3/1, had been renovated the last few years by converting the carport and garage into 2 additional bedrooms and one bath, resulting in a 5/3 just north of Texas A&M University; renting at $2,250/month What made you interested in investing in this type of deal?
Lee L. failing, failing miserably
27 November 2018 | 43 replies
Additionally, the bunks in the living room look nasty, too.
Jonathan Herdina New Member Introductions
19 November 2018 | 6 replies
Congrats on all your progress to date and congrats on the upcoming addition to the family!
Shmuel Waldman Help me with late fee clause in contract
18 November 2018 | 2 replies
Additional late fees may apply at MGMTs discretion." 
Marjeanne Fields First Multi-Family Property Just Closed!
19 November 2018 | 3 replies
There are three additional large economic drivers in the area as well.
Shmuel Waldman Help me analyze this Multi Family unit
15 February 2019 | 6 replies
33 Unit - Asking $4350000 - ( I believe I can offer $4120000)Building is %100 occupied Current Rental Income -   $400380Total Additional income  $20698ExpensesReal Estate Taxes $66,695Insurance $8,407Trash $3,534 Electric $2,375 Alarm Monitoring $666 Gas $18,749 Pest Control $1,135Water/Sewer $24,051 Landscape/Snow Removal/Cleaning $12,168Management $34,439  Repairs/Maintenance $16,000Cap EX $20019                        TOTAL EXPENSES $208235NET OPERATING INCOME: $212843Dept service  $195600There is a big rental upsideCurrently the average rent is 1042 per unitComps tell me that if I fix up units @$8000 per unit - I will be able to get $1300 average on a unit.Once all units are done over the building should be able to fetch $6m after 36-48 months 
Russell R. CFP near Westchester, NY
18 November 2018 | 1 reply
In addition to our primary residence I have one property that is owned by my self-directed 401k, and another rental property. 
Jorge Leon Jr 25k lot build a 4plex?
24 July 2020 | 11 replies
I would suggest you do a bit of additional homework prior to taking on New Development projects.