Jordan Wolfe
Looking at my first rental property! Check my numbers? :)
30 October 2015 | 7 replies
The unit includes a balcony and an in unit washer / dryer.Assumed Value After Capitol Improvements: $125,000Percent Down: 25% (Currently What My Lender Is Requesting) $31,250Interest Rate: 3.5%Rental Term: 30 YearsBuying Costs: 1%Rental Rate: $1,500 ($750 Per Renter) - Includes Garage Parking, Washer / Dryer In UnitCap Rate: 14.40%Vacancy: 8% AnnuallyRent Increases: 2% AnnuallyProperty Management: 6% (I plan to do most of the property management)Maintenance: 1%Move In / Move Out Costs: $2,000 (This is per vacancy change)Mortgage Payment: $979 / MonthHOA: $317 (Includes - CAM, Lawn Care, Master Insurance Policy {does this mean I don't need additional insurance?}
Adam Rees
Building cost & build out cost, can the be combined?
28 October 2015 | 2 replies
I own a small business. We are thinking of changing locations and buying the new space rather than renting. Space cost is listed at $375k. I'm estimating build out at $125k. Does anyone know if it's possible (or even ...
Greg M.
Seller Financing Taxes?
28 October 2015 | 1 reply
Hello all, I am looking to have my next deal as the seller holding the combined note on two multi properties of his.
Oliver Bonk
Best use for income with a 38x48 shop / warehouse
1 November 2015 | 3 replies
Four of the eight units have washer and dryer hook up's but the other four do not.
JaMarcus Joseph
Bankrupt 10 unit, laundry mat and car wash
12 November 2015 | 7 replies
The laundry mat has 4 washers and 4 dryers.
Brad Chandler
Contractors in Baltimore and Washington DC
12 February 2016 | 25 replies
The good contractors I think are in such high demand, combined with the large amounts of cash in the area that it really drives up their prices beyond the point that makes sense for us investors.
Account Closed
Own a home before investing?
9 November 2015 | 13 replies
A combination of the two is the best approach.
Nick Colucci
Heating System for a Student Rental in the North East
6 November 2015 | 2 replies
Converting to electric (including a new upgraded 200A feeder and larger panel) is less expensive when compared to the in kind boiler replacement by about $1000.Several factors being weighed besides price is:- Resale Value of the house - Overall cost of use for the tenants - Safety for the tenants (Gas/water/steam/combustion/leakage issues VS. electric baseboard overheating)- Future maintenance costs- Reliability and expected lifespan of electric baseboard (I don't have much experience with them for a PRIMARY heat source)-Future considerations; If converted to electric baseboard the Range/Dryer/Hot water heater can all be converted later to electric thus being able to eliminate the gas bill its fixed charge/service fee.
Lynn Maher
first investment with 1031 question
6 November 2015 | 2 replies
Each unit 2bed/1bath with a rent of $1375 combined.
Felix T.
My dedication in Facilitating Real Estate Deals
6 November 2015 | 1 reply
Combine your experience with Bigger Pockets various resources: ebooks, blogs, forums, podcasts, webinars, colleagues, keyword alerts, an awards system, a learn section, informative people in many fields of real estate, and more.At the bottom of this page is a list with help in it.