Dean Michaels
Cap Rate on Triple Net Lease
25 April 2015 | 1 reply
These rural type areas have maybe one or two major employers and if they go out it creates a domino effect.You say it is a strong-micro economy which lends itself more to a suburban than a rural classification.We look for rents at no more than 10% of sales for NNN and 5% is optimal.
Kalimah Jenkins
Anniston, AL
25 April 2015 | 2 replies
I know one of the biggest employers left in the area are downsizing which doesn't help either.
Account Closed
buying a fourplex as a personal residence?
25 April 2015 | 2 replies
It could help but being your first rental property the bank is going to rely heavily on your personal credit/financials and employment.
Account Closed
Housing Age Sweet Spot
26 April 2015 | 2 replies
I’m new to the forums but have been spending the last few months reading everything I can and talking to investors (my dad happens to be a money manager and I have been working directly with the CFO and CEO of my employer on a few projects so I have pretty good access to high net worth and extremely invested people).
Sarah Miller
SmartMove Screening Output???? What all is included?
8 May 2015 | 5 replies
Or will it also include employment history, income, previous addresses, contact info, etc.
Vincent Guerrero
BRRR and Hard Money
16 June 2016 | 5 replies
I work as a network Engineer, and i have a decent income but i don't have enough employment history in the united state(I was in Dominican Republic since i was a teenager) so i don't get a approve.
Jenny Billings
Seal the Deal or No Deal
11 May 2015 | 9 replies
Employment comes from either the mines, government, a local extension of a College University or a local hospital.
Bill Tyler
New Guy in Dallas/Ft. Worth, TX
13 May 2015 | 10 replies
It took me YEARS of constantly hounding the family patriarch to teach me HOW they owned over 70 homes with the majority being mortgage free.Fast forward 20+ years and I've realized that my few transactions need to become MANY more to generate the income and lifestyle that will allow me to have both the time and money to spend with family and friends when I choose – and not just on days off from my employer.
Account Closed
Wholesaling business is for dishonest, crooks?
24 September 2016 | 83 replies
I spent too much time explaining the value I bring as well as the time and money I invest to find, research, marketing campaigns, qualifying the buyers situation and evaluating the deal before I make and offer...I believe my time investment is worth a reasonable assignment fee since, Ive helped the seller get out of a property that is a burden and I've helped a rehabber to find properties they will profit from and employ people with families.
Phil DuChamp
My first deal...
3 February 2016 | 5 replies
I've seen how landlords will require tax returns if self-employed.