13 August 2018 | 11 replies
.: $112,927 so loan total is $328,125 @ 5.125% = $2,076/moRents are $1,425 and $1,450 (soon to be $1,500) for a total of $2,925/mo and tennants pay all utilitiesProperty tax $1,358/yrSo taking into account 8% vacancy, $1000/yr maintenance, property tax, insurance costs, and no prop mgmt, I'm projecting around $600/mo in cash flow.
23 August 2018 | 18 replies
Great city to invest for the long term with that kind of appreciation, low property tax rates, amenities, strong rental rates, etc
18 September 2018 | 7 replies
I don't want to demotivate you but instead of low balling offers especially in a sellers market, try to do your numbers properly using either the BP calculator or other calculators out there.
10 August 2018 | 7 replies
By then, if you’ve done it right your cash flow and equity should be good enough to make the jump to Montana.Option 2: owner occupy a single family or condo (all of these options , including multi family) can usually be done with a low down payment FHA loan which also allows gift funds if you need and can get help From a family member) — depending on where you are in the Seattle area, your appreciation might be strong enough in a couple of years to borrow against (or sell) and begin stretching out a bit.Then it’s all about finding an excellent property manager in MT, and if you can’t find one where you want, look somewhere else!
16 March 2021 | 6 replies
I went to the neighbor's to notarize an agreement that the driveway was shared and all maintenance would be 50/50, but it wasn't enough for them.
13 August 2018 | 8 replies
I had a deal in front of me and need help determining if this is a good value....It is a low cost low income building.I have a break down of all the numbers but I’ll just throw out the basicsGross rent is $234,000 on an upward trend producing closer to $22,000 a month last 4 months, seller has been clearly cleaning things up a little before sellingThe balance sheet that they gave me shows $98,000 NOI but they do not have property taxes listed and makes me wonder what else that they left out..But either way that should still keep the NOI above $90,000The asking price is $800,000Looking for advise from some experienced investors Thank you
14 August 2018 | 6 replies
A lot is opinion based, but the data should point to a strengthening market, with low new construction deliveries.
12 August 2018 | 4 replies
Forgot to mention, we will be house hacking and doing all maintenance and management for a few years.
27 August 2018 | 11 replies
I've been buying in Northern New Jersey and have never gotten anything that low, unless is a run down property that will need significant rehab to get going.
12 August 2018 | 4 replies
For large real estate investment companies (100 unIts+) with in house leasIng, management and maintenance.