Abhijit Dey
Document retention for credit check app & leases?
23 February 2017 | 5 replies
If you ever wind up in court, the court prefers you present originals.
Chris Nance
Strategy for Newbie in Denver Market
24 February 2017 | 2 replies
There are so many things that can go wrong if you are not physically present to manage contractors and ensure they are doing what you think they are doing.
Sam G.
Beginner investor hoping to start out in Baltimore
24 February 2017 | 18 replies
I go to the meetings not for the presentation but to network before and after.
Brian Sweeting
Multifamily New Development
15 October 2019 | 2 replies
I have been instructed to present a business plan as a real estate development company.
Scott F.
Eviction - What did I do wrong to have this happen?
24 February 2017 | 18 replies
Didn't help.When we went in to do the eviction EVERYTHING was present in the house (including food in the fridge although the power had been shut off for nonpayment the week before); not a pleasant experience in the middle of summer in Georgia.
Victor Ged
First Duplex house hack Should I buy?
24 February 2017 | 7 replies
This duplex is in a good area with good schools and on a quiet cul-de-sac if I remember correctly.
Shawn Mcenteer
Tax write off for MFR renovation
25 February 2017 | 4 replies
General statement: If making the De minimus safe harbor election, repairs under $2500 can be expensed.
José Rivera
New to investing from Highlands Ranch, Colorado
25 February 2017 | 3 replies
Not necessarily where you live, but you need to know the background, present conditions, and likely future of specific streets, neighborhoods, and towns.
Stephen McLain
I'm ready to sell. Tenant isn't ready to move.
1 March 2017 | 6 replies
She got behind once and was afraid she couldn't catch up, so I told her not to worry about the month she missed, that we'd just move on from the present as though she was current.
Joshua Wilson
The first really good deal I've found... I think!
24 February 2017 | 0 replies
Here are the two analyses: Initial Investment Purchase Price $89,000.00 Closing Costs $2,225.00 Renovation Costs(allegedly turn key) $3,000.00 Total Investment Costs $94,225.00 Financing Costs Down Payment (%) 20.00% Down Payment ($) $17,800.00 Mortgage Balance $71,200.00 Annual Interest Rate 4.00% Loan Term (months) 360 Total Invested Capital $23,025.00 Fixed Monthly Operating Expenses P&I $339.92 Financing Charges $0.00 Administration Fees $12.50 Property Taxes $197.08 Homeowners Insurance $111.86 HOA Fees $0.00 Fixed Monthly Total Costs $661.36 Variable Monthly Operating Expenses Property Management $157.50 Advertisements/Referrals $65.63 Vacancy & Collection Losses $131.25 Capital Expenditures Replacement Fund $50.00 General Maintenance Fund $50.00 Temporary Utilities $10.00 Pest Control (Optional) $0.00 Lawn Care (Optional) $0.00 Total Variable Expenses $464.38 Total Monthly Expenses $1,125.74 Annual Operating Expenses $13,508.86 Operating Income Monthly Market Rent $1,575.00 Annual Gross Revenue $18,900.00 Monthly Profit (or Loss) $449.26 Annual Net Profit (or Loss) $5,391.14I present to you such a thorough analysis in the attempt to make sure I'm not making any glaring mistakes!