All Forum Posts by: Account Closed

Thank you guys,
Stated expenses for February:
Taxes $1,220.18
Utilities $4,680.14 {water master meter, electrical individual, no gas}
Telephone $161.35
Pest control $180.40
Professional fees $298.91
Payroll $3,425.83
Office expenses $ 608.61
Maintenance $864.19
Landscaping $738.64
Insurance $1,396.51
Cable TV $231.11
Bank charges $59.29
Total $14,223.35
NOI $26,801.23
When I get more info, I will let you know.
Property located in small town of Georgia
Mario

Hello,
100 units
asking price 2.4mln
2/1 72 units rent 475 sf 900
3/1 28 units rent 550 sf 1000
NOI 318500
February income 41024
February expenses 14223
Stated occupancy 92%
How you see this deal?
Thank you

106 units apartment complex
Price 4,1mln
Effective gross income 819,990
Expenses 445,953
NOI 374,037
9 1bd/1ba 575
64 2bd/2 ba 700
21 2bd/2ba 750
12 3bd/2ba 850
Thanks

Hi Chanel, I also would be interested
Mario

I would like to do wholesaling. I am able to find good deals. But can you give me an advice how to create a good buyers list.
Thank you for help.

Government grant. Free money from the government to buy a house, pay the loans. Today I got a call and man asked, do I need free money from the government? What it is?
It's a scam or It's real to get money from the government. Can you tell me little bit more about it.

Thanks

Hi again,
If I create LLC it's will be better and easier to obtain a business line of credit? I don't want pay crazy fees, but I need a loan.
I really need your help.
Thank you

Thank you guys for answers. But, can you tell me other option how to create line of credit. I mean in short term and big amount.
Thanks

Thank you guys for yours reply. Right now I confused a little bit. I lived in Detroit for while and now I live in Los Angeles. I will spent less money if I buy in Detroit and rent to section 8 people. And I will spent more money if I buy in Los Angeles and rent to section 8 people. Which place is better for investment. Let say if I sell these properties after 5 years, where I can make more money?
Thank you

Hello guys,
What do you think about idea rent apartment to section 8 people?
What is advantages and disadvantages?
Thanks.