
5 March 2016 | 6 replies
Okay, so here is what I was able to find out while researching title: the property was most recently deeded to another investor in 2011 but the legal description omitted the neighboring parcel!

23 February 2016 | 14 replies
Have to be more descriptive on location to apply my thoughts to the location and its future potential, not a small part of the equation.If not in a flood zone, why worry about flood insurance?

22 February 2016 | 2 replies
As far as the online CRM:Beautiful photosGreat description / catchy titleCompetitive rent rateFirst response to tenants and constant follow ups

15 August 2016 | 20 replies
I've not yet met a REALTOR that moves as quickly as we do, knows how to put together an accurate rehab budget and scope, has the relationships with the bank listing agents, and/or has the track record of successful outcomes that I/we have.

11 May 2016 | 6 replies
Your description sounds like a more real estate literate version of what I was trying to say.

21 August 2016 | 5 replies
assuming you have an extra $20k on top of the usual closing costs, yes you should be able to refi after seasoning is met, A word to the wise, know all of your closing costs for the initial finance and refi.

2 September 2017 | 29 replies
Your previous description of what you want to do is the definition of brokering real estate.If you put a home under contract and close on it yourself, and then you resell it - you are totally fine.

25 August 2016 | 4 replies
Property Address 123 Main Street Asking Price $319,000 Description 3 Duplexes (6 Total Units) Down Payment 63,800 Mortgage 1218.37 INCOME Description 3 Duplexes Rent Unit1 550 Unit2 550 Unit3 550 Unit4 550 Unit5 600 Unit6 600 Gross Scheduled Rent 3400/mo 40800/yr Vacancy 7% 2856/yr (40800 X .07) Gross Operating Rent 37944/yr (40800 - 2856) EXPENSES Insurance 2550/yr (850 x 3 buildings) Taxes 2217/yr (tax records for 2015) Repairs 2040/yr (40800 X .05) Best guess Property Management 4,488/yr (40800 X .11) 11% fee Water Utilities 3600/yr (Owner pays water) Lawn Care 2000/yr (200 X 10 months) Total Operating Expenses 16895/yr Net Operating Income 21049/yr (37944 - 16895) Mortgage 14,621/yr (1218.37 X 12) Cash Flow 6428/yr (21049 - 14621) Cash on Cash Return 10.07% (6428/63800)

8 July 2016 | 2 replies
I will do my best to give a brief description of a property I looked at.

11 July 2016 | 1 reply
In the Los Angeles area there are only a few properties that fit this description, most of which are in areas that are rapidly changing and have a high potential for growth.