
1 April 2014 | 1 reply
Selling on Lease OptionLease and Separate OptionDont use rent creditsGet 3 percent option.Several Agreements Click hereSee a lawyer, be prudent.

26 December 2015 | 11 replies
You ould be able to write anything you pay personally off on Schedule A subject to a 2% AGI limitation(Basically the first two percent of your income is on you).

6 April 2014 | 11 replies
They're buying in bulk. 10 to 15 percent will have title issues and so on.I hope that helps.Patrick
8 April 2014 | 14 replies
Previous to that, 3 hard money lenders turned me down and 4 equity partners turned me down. 7 people turned down a "flip of a lifetime".I ended up convincing a retail buyer (i was an agent) to purchase it and be an investor.

9 April 2014 | 17 replies
A twelve unit has 144 rental months (12 units x 12 months); 10% turnover is 1.2 units per year; 1.2 units turning over annually is 1.2 units x 1 month average turn = 1.2 vacant months; 1.2 vacant months / 144 total rental months = .83%, call it one percent physical vacancy.

9 April 2014 | 1 reply
DFW area.Currently rented at $935/moLease ends June 1Unit in good shape but after the current tenant leaves, I could possibly improve flooring ($1,500) and counters ($500), which would increase rent to around $1,025+HOA fees of $275 (water, trash, insurance, exterior maintenance)Landlord insurance $70/moProperty taxes $80/moWe would finance 80 percent at 4.8 percent (bank has OK'd low loans)So what would you pay for this?

9 April 2014 | 2 replies
Leaving roughly 180,000 mortgage on the new side of the property with a possible value of 300-325,00.I guess its a long term gain or short term gain.Me im 29 years old, the town has a low vacancy rate around 1 0r 2 percent and i plan to be in the area for at least five years.What do you think?

11 April 2014 | 14 replies
The lower your monthly payment and the higher rent, the better your cash flow will be.Say that you buy a duplex for $300,000 and put 20 percent down for a loan amount of $240,000.
7 August 2014 | 11 replies
Sounds like you're eventually going to have to come around to this situation at least a time or two in your lifetime.

7 July 2014 | 6 replies
Here is my analysis after watching @Brand Turners YouTube video on how to quickly evaluate a deal.Asking Price: $130,000Down Payment: 20%Remaining: $104,000Interest: 4.5% over 30 YearsFinal P&I: $526.95HOA Fee: NONERentometer has the median rental for a 3BR to be $1180 but believe you could push the envelope for $1250 - $1300 with proper tenant screening and past experience with another condo I own safely renting for more than rentometer medians.Based on %50 percent rule, 1300/2 = 650 which would make my cashflow for this property $123.05 without negotiating down.