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Need some advice. I'm looking at a 12 unit property that IMHO is overpriced because it breaks even ($0 cash flow) after all expenses and debt service (1.0 DSCR). Cap rate is 5.8% which doesn't seem too bad. I'm try...
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I am considering moving over to RESimpli and would appreciate any feedback from current users. Please provide the pros and cons of this system.
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Hi guys,You might know that I own a couple of properties in KCMO from previous posts. Those are rentals, and they're doing okay. I've recently been divorced, and even though I have my kids 5 out of 14 days, my mainten...
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I had my house on Zillow as FSBO and this snakey agent had a buyer but all along the way would say disingenuous things to get the best deal and take advantage of me the whole way. We ended up under contract and during...
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Haven't purchased yet, I'm about to go view the property soon (so rehab is estimated from pics), just wanted to share the prelim numbers so i can get some feedback. Let me know what you guys think!Purchase data:Askin...
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How embarrassing - my posts keep getting rejected due to having URL's in them. My name is Damon Tyler and I love real estate. I am part of a team with Shane Sullivan and Andrew Riel.First off, here is how me or my te...
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I'm evaluating a deal on a very small apartment complex. It's a five unit and the gross rents are $3,025. The desired cash flow is $400 per month (maybe I'm too low here....what are your thoughts?).
The stated expe...
Where can US citizen own property outside the United States?
I've googled it. It doesn't seem to be an easy question to answer. Is there a complied list somewhere? I know Belize is a hot item right now. I ...
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So first we bought this 6 unit in New London, everything was going fine until the insurance company did their inspection. Got a letter in the mail of their “recommendations” that are mandatory that I complete. $10k la...
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Recently was brought a deal that may make quite a bit of sense for my partner and I. However, we weren’t actively looking for anything at the moment. We are letting a few things settle and trying to build cash flow a...