27 June 2015 | 10 replies
you do not want your funds to be used to cover operating expenses if they are not reasonable.

23 August 2020 | 4 replies
Below is my analysis:Assumptions:3/2 rents for $1900 (varies between $1800-$2300 depending on location/lot size)3/2 ARV $300K (low end of market)Hard money purchase @ 11%, 4 points3 month rehabPurchase/Holding/refi costs ~ $20kRefi @ 7% 30yearYearly operating cost $6000 (includes property taxes)Unit is rented out immediately at completion of rehabNumbers after purchase:Rent: $1900Average operating expenses: $500Minimum cash flow: $200Left over for Mortgage: $1200Refi max: $180kLTV: 60%Numbers for purchase:Hard money max: $160KRehab: $20k (out of pocket)Purchase/Holding/refi costs: $20kMax offer: $140k <----------Purchase price to ARV: 46.7%How do my numbers look?

26 June 2015 | 2 replies
Do not operate in your name.2.

27 June 2015 | 10 replies
Right now both of our properties are in our personal names and I operate under the LLC with my tenants, payments, maintenance, etc.

1 July 2015 | 13 replies
, type the full address - 123 anywhere st, fairfield, CTWhen the next page loads, there will be a map on the right and buttons on the left.

10 July 2015 | 17 replies
I have heard of incidents like this in where a worker/contractor, either operating as a DBA contractor or as a direct employee, requires that the owner is responsible for providing a working environment that is free from working hazards.

30 June 2015 | 3 replies
They are super efficient and allow clean operation.

15 July 2015 | 28 replies
Right after I accepted these tenants loads of other prospective tenants came out of the wood work almost immediately.

3 July 2015 | 6 replies
The 50% rule says that total operating expenses for a rental will at least be 50% of gross monthly rent. $1000 rent = at least $500 expenses.