Jeremy Jackson
CASH COW for 25k
13 July 2016 | 16 replies
Feels like this is a grand slam especially given the monthly rental income.
Mike Heth
Cross-Roads... Which side?
12 June 2016 | 4 replies
The rented side is paying below market rents and needs renovating--cosmetic stuff, but still a few grand.
Brad Cogswell
Market Recommendations in Sacramento County, CA
23 April 2016 | 26 replies
There are two (yes, only TWO) duplexes/triplexes for sale right now in ALL of Elk Grove.There is a Duplex on La Nuez Dr offered at $315,000 with rent's of $985 each side, hardly passing the 0.60% test let alone the 1% test.And there is a Triplex on Rancho Grande Ct offered for a whopping $520,000 with total rents of less than $2,800 and scores even lower on the 1% test.Put simply, there are better rental markets out there amigo.While you might be able to find a rental with no rehab needed in a great area, and possibly great tenants, the prices are simply too high and the inventory too low and due to most people living there wanting to own the home you may go awhile in-between renters when your high quality tenant saves up some cash and buys a house.
Ben Durwood
Should landlord or tenant pay for water in Grand Rapids?
21 February 2018 | 18 replies
I pay the water in my 3 Grand Rapids Properties.
Basit Siddiqi
Appraisal came below Purchase Price - What Should I do?
9 July 2017 | 24 replies
At two grand cash per year your going to be negating with a single months vacancy plus re-rent costs.
Dino Diaz
What Cheap/Free Marketing Techniques Do You Like To Use?
16 June 2017 | 1 reply
But I'm about to make a few grand just from driving past a vacant house, skip tracing the owner, and negotiating a good price!
Chelle Knijnenburg
Warranty deed problem
17 June 2017 | 8 replies
You can simply go to a title company pay 250 buck aroos for a title commitment.. in that title commitment it will answer all these questions then you tell the escrow officer what you want to happen.. and they will tell you what deeds need to be signed and recorded to get to were you want to be.but if it was a TIC and your pop had 50% and he deeded his 50% to wife.. then wife and your brother own it.. at least from what I can glean from your post.or you can blow a few grand with an attorney that will basically tell you the same thing a good escrow officer can tell you for a few hundred..
Bara Nwokoma
Seller Is Begging Me To Buy Her House
7 August 2017 | 17 replies
Can she bring a few grand to closing to end her nightmare?
Brian Wilson
Questions about House Hacking OC CA
7 August 2017 | 3 replies
You live in the OC and nothing is selling here below a few hundred grand, unless maybe some dumpy 1 bed condo in a horrible location.
Rob Barry
First Atlanta SFH Rented - How'd I do? What Could be Better?
24 May 2017 | 14 replies
I bought in a suburb of Atlanta, GA.The Numbers (all annualized):Paid Cash: $77,400Rehab: $21,000 ( estimate was $16k, but when we turned the power on after closing, the HVAC unit was dead).Closing, commission, legal and other: 10,000All in: $108,400Current comps: $115,000Rent: $13,140 Management: $1051.20Insurance: $700 HOA: $150 Property tax: $1,527 NOI: $9,711.8Cap rate: 8.4%The HVAC unit cost 5 grand and was an unpleasant surprise.