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28 September 2018 | 6 replies
Will these be included in the loan?
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27 September 2018 | 3 replies
Purchase price $170K25% down: 42,500127,500 Financed over 30yrs @ 5.250 (Of course, yesterday the feds rose the interest rates.)Out Of pocket: $51,000 (Includes closing costs($10,000) and down payment.)Expenses: (Month)Mortgage: $704 @5.25%Taxes: $416Sewer:$150Insurance: $83.50Oil Heat: $50Misc: $100Total: $1,503.50Income:Unit 1 : $1000Unit 2 : $875Unit 3 : $800Total : $2,675Yearly:Income $32,100Expense: $18,042Total made after expenses: for the year $14,058Now for the amount i'm putting down would you consider this a good or bad deal?
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2 October 2018 | 44 replies
I've heard of this stategy being used and if it's a property you're looking to buy to live in then the comps including recent sales and expired listings should tell you the story.
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27 September 2018 | 0 replies
Some of his requests include asking to spray his exterior wood pile for spiders, replace a dryer knob, replace working doorbell, and increase flow of refrigerator water line.
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28 September 2018 | 2 replies
I already plan to have it included in the lease and agreed upon but doesn't the water bill follow the owner of the home?
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16 January 2019 | 18 replies
If anyone in the New Orleans area including Lafayette, Jefferson, etc. needs any help with anything regarding real estate, please let me know how I can help you.
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2 October 2018 | 3 replies
IF there is a no-fault eviction, you cannot re-rent the unit within the time period required for the property which includes short term rentals like Airbnb.
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12 October 2018 | 14 replies
Hiusing a 100K property as an example (turnkey), with a 25 year loan, 76K, 5.6% p.a. that would mean the first year roughly 4K interest, and the depreciation would be 100k/27.5=3.6K, so total 7.6K - 630 USD/month.Now did I understand correctly that the 630 $ should taken out against the monthly cashflow without a loan, not including vacancy, capex ?
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28 September 2018 | 0 replies
Are mezzanines included in the floor space or added to it?
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3 October 2018 | 8 replies
I'll need to include that back into my process.