Joshua Dow
20% return on flipping.
Found this file thought it was pretty helpful. It is a guide on what to purchase a property for based on what you plan to sell it for or the ARV. Figured I would post it for an easier find for everyone incase you are ...
Arla Wilson
5% Return on investment????
Is a 5% return on investment a good deal?PropertyPurchase 91,500Rehab 20,000ARV 140,000The arv is in the median range for this area so I priced the offer at an ARV of aprox 130,00The home sold in 2006 for 150,00 cou...
Bryan Cress
Measuring rate of return
Hey everyone! I have partnered with an experienced investor who said his measure of a good property is a 5 year return. By this he means: the rent collected over 60 months must be greater than the purchase price and i...
Daniel Peavey
Return of security deposit
Tenant moving! Walls need painting. Do most landlords deduct for this?
Stacy Brown
Deposit return in AL
I have a question about returning a deposit. We had a 12 mos lease in the state of Alabama and a tenant left early. They did however continue to pay until it was rerented. Which was 11 days after their last day. They ...
Christian Baker
Small loan, Large return
Hey Everyone,I am new to using lenders to fund my investments. My other projects have been with cash and as a result, I have everything tied up for the moment. A potential deal has come across my desk today that is wa...
Ayodeji Kuponiyi
Returning $0.00 Security Deposit
Am I required to attached receipts when I return any or none of the security deposit? I've documented the charges when my tenant moved out. After repairs cost to make the unit rent ready there is no deposit to return....
James Vroon
Investors rate of return
I am looking to flip houses, and was advised to try and find an investor instead of getting a conventional loan. I was advised that this will allow me to pay cash and get the process moving much faster than a convent...
Mike S.
Upgrades for best return
I'm a buy and hold investor normally, but I just got an offer accepted for a HUD property that I think I may want to flip. The house was built in 1968 and the previous owner made a half assed attempt at upgrading the...
Chad Walsworth
8 unit complex returns
I am looking at my 1st multi family deal (8 units) The sales price is 430,000 with a NOI of 36k......I am figuring 5000 unit in rehab, figured into the loan amount. Net cash flow is 12,847 with a cash on cash return...