Joe Kim
Pitfalls of out of state investing (And some solutions!)
4 October 2016 | 0 replies
Vacancy happens...well that's great for PM who make money by turning over the property, lease up fees, etc.
Brandon Wong
Newbie from San Diego, CA
8 March 2017 | 7 replies
He talks market analysis and the factors to consider when choosing a market and/or submarket to invest into.
Ben Bakhshi
Finding a long term private lender
5 October 2016 | 0 replies
I would like to find a stable source of financing that costs about 4-6% inclusive of fees.
Khaled Helmi
Buying From a Wholesaler: How Important is the Title Company
7 October 2016 | 4 replies
Typically wholesalers like their title company as they can control when the closing is and make sure everything is done properly related to wholesale fees etc.
Tom Webber
Agents Unite: I'm SICK of Having to Defend My Job!
6 October 2016 | 4 replies
In the case of realtors, I think it's mostly newbies who complain about agents and fees.
Account Closed
Strategies for Self-Managing STR's
6 October 2019 | 37 replies
There is a cleaning fee included that pays for the house cleaning.I use a lock box for the key.I have wifi thermostats so I can save on the electric bill when no one is there.
Miles Stanley
First BRRRR deal - need advice
6 October 2016 | 9 replies
Purchase data:Asking price: $85,000My offer price: $73,500ARV: (per Redfin sold data) ±$110,000 Rehab: guessing around $10,000Closing/inspection, etc: $650 (i have no clue on this number)Holding Costs: $1,147 assuming about 2 months for rehabCash Purchase - all in for $85,297Income data:Rent: $1,050 per month (from zillow area rent data)Expenses (monthly):HOA: $17Insurance: $60Taxes: $166.67Vacancy: $52.50Repairs/maint: $52.50CapEx: $105.00Property Management: $105.00Total: $558.67NOI: $491.33 ($5,896 annual)Refinance:LTV: 75% of ARVLoan amount: $82,500 @3.75% for 30 years (estimated)Payment: $382.07Refi fees: $2,500 (assumed)Total cash invested post refi: $5,297.33 ( I'm not sure if i calculated this number correctly, any input would help me greatly!!)
Kyle Kovachik
New member from Portsmouth, VA
10 October 2016 | 19 replies
A big factor in that will be the outcome of the November elections for Mayor, city council members, and school board members.
Andy Welmers
Student Rentals - utility bills?
2 February 2017 | 9 replies
Cannot imagine changing the names and setting up accounts (most with first timer fees) for students every year, or in some cases 8 months.
Lee Behr
Live Auctions Help
30 March 2018 | 12 replies
We get a fee if it sells to the bank we get a commission if it sells to you.