27 February 2017 | 37 replies
Costs that I think a lot of flippers may forget to include are: interest on money in play over time, property taxes, insurance, lawn or snow maintenance, utilties, risk for vandilism, loss of doing other deals if funds are limited and tided up....and your time!!!
26 February 2017 | 19 replies
With these, you're playing Russian Roulette with your money.
24 February 2017 | 3 replies
(Some people can afford to play blindfolded baseball and love the thrill because they can afford it - so to each is own - if you don't own a bat and a blindfold already - get the numbers down and buyers in place before next time.)Hope you got something out of this even though its not exactly what you are asking for.
24 February 2017 | 0 replies
Does the local geography or demographics play a role in which method works best?
27 February 2017 | 25 replies
Just speaking to reputation, especially if you like to work with banks.I suggest you do one offer, where you will actually buy, and move from there, that way you won't get 12 offers accepted, that is if they are decent, fair offers that are justified and not the silly low ball stuff that many play games with.
24 February 2017 | 0 replies
I know that there is a lot in play, Market, Project, Inflation, Leverage conditions, etc, but the exercise is mente to get and idea of the mindset and see if we can come out with some trends nationally and internationally.So let me go first:MAIN GEOGRAPHIC AREA OF INVESTMENT: Central Mexico (yea Mexico)MAIN TYPE OF REAL ESTATE INVESTMENT: Single house / Rental and Apartamento BuildingsMINIMUM EXPECTED RETURN (ROI): 12%INFLATION RATE (CPI): 4.5%There you go, lest see what we can find out of this.
27 February 2017 | 7 replies
It was cool.. we were kind of like storm chasers.. you really can't log in the winter here so we worked 24/7 from May to Nov.. then my partner went to Maui I stayed home I the Napa valley and played golf every day.. it was a great 10 years.. there is still money to be made my old partner is logging to this day and he has hit a few 1 milli8on net income years but its rare now we did that in 3 months back in the day.
25 February 2017 | 8 replies
Here is how it plays after those projectionsVacancy-$420.00 (10%) Trash- $80.00 (2%) P and I $1,515.31 (36%) Capex-$85.00 (2%) Repairs-$378.00 (9%) Insurance-$70.00 (2%) Property tax- $338.33 (8%)Total Expenses2,886.64 (69%)Cash Flow$1,313/moCash on Cash return 15%Total return annualized19%Been over this a lot and I still really like it, there is a lot of other upside potential as well.
27 February 2017 | 15 replies
Stocks/Index funds are my comfort zone, yet I've never considered pulling equity to buy more stock, or getting a loan (unless I'm playing RDPD Cash Flow game, then it's risk taking everywhere....but that's my virtual life/family in that game, so who cares if we go bankrupt?).
28 February 2017 | 1 reply
They said they would love to work with me in the future given I further educate myself Anyway, I'm 7 months pregnant and had a certain number in mind for how much I would make wholesaling by the time he is born, only now, my water has broken at 27 weeks and I'm hospital bed ridden till he's born, for sure earlier than his due date :(I've been playing around with list source and am building up marketing materials, is wholesaling at all possible from a hospital bed?