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6 April 2020 | 9 replies
Find out if any Developer paid for Goodies must be thrown the city's way (for this project)--new traffic lights, road widening, water/sewer size increases, etc...8.
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6 April 2020 | 4 replies
Our current skillset complements real estate investing quite well, and we feel that this deal might be a great start for us.I have a 750 credit scoreI have $75,000 in capital liquidI am newly self-employed (6-months) without a business history most lenders look forI have not submitted my 2019 tax returnThe deal currently priced at $190,000Each unit is currently rented for $1,000/unitThe annual property taxes are $11,382Current owners insurance is $3,000 annuallySewer and water is $4,054 annually (ALL other utilities paid for by tenants)Current gross rental income = $48,000Estimated annual expenses = $18,436Estimated annual profit = $29,564I would love to hear some advice/feedback on where we should look to for financing.Thank you, anything and everything really helps.
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8 April 2020 | 4 replies
We had issues with our hot water heater that took almost 2 weeks and a lot of money out of our pocket.
6 April 2020 | 12 replies
These are obviously uncharted waters, and I want to be respectful to my tenants (and keep them safe) while also getting my unit rented.
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8 May 2020 | 2 replies
As is the water heater.
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12 April 2020 | 13 replies
As is the water heater.
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14 April 2020 | 28 replies
One time an insured purchased a house on the water only to find out everyone in the neighborhood had an easement over their property to get to the lake.
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3 April 2020 | 6 replies
I'm trying to refine my deal analysis skill through trial and error and one problem I'm running into that is effecting my profit is when to decide if I'm going to be paying for water, power, and garbage?
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6 April 2020 | 6 replies
Since you're near the water I'm assuming there are vacation rentals near you.
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7 April 2020 | 8 replies
Call the local water authority.I'm unclear about the trash expense.