23 June 2008 | 7 replies
Expenses should always be calculated at 50%, remember maybe this year they will be lower but at a point you'll need to change major items like roof furnace a/c etc etc etc If you buy a house for 100k it needs to pay 2k in rents every month, simple as that.Let's say you have 100k in cash, you use 60k to buy a house that is really worth 100k and it rents for 1200$ (2% of 60k) and cashflows 150$ a month, your net worth has just jumped to 140k, your monthly income has just increased by 1800$/year.
21 July 2008 | 23 replies
you can try auto submitters and mailers what's important is that make your ad as interesting as possible to attract possible clients
13 September 2018 | 8 replies
I'm considering whether it would be worth having a website to attract customers for entry only agreements (charging a flat fee to list properties on MLS).
11 July 2008 | 91 replies
Loan limits on all FHA loans have increased to $729,750 in high cost areas.
20 August 2008 | 7 replies
When a value of a property increases, is it the land that actually increases or is it the bricks of the house that increase in value?
1 August 2008 | 41 replies
Hello I was listening to Robert Kiyosaki and he was talking about holding on to property for cash flow and if the property value increases he would simply go to the bank an refinance.
27 June 2008 | 9 replies
Due to the increased incidence of preforeclosure sales, Fannie Mae is establishing a 2-year elapsed time period for reestablishing credit following completion of the action.
9 July 2008 | 163 replies
On that note then, with the increased price of Central Valley property, even with no tenant damage - did the increased financing payments along with taxes and the other minutae approach if not exceed 50%?
3 July 2008 | 7 replies
If you're doing good deals where the income is better than the debt service (including expenses), more deals makes you more attractive.
22 September 2010 | 2 replies
This will make it less attractive to the trustee.