8 July 2015 | 4 replies
I've also read that new housing construction will be climbing back up to annual (1.5m per year) levels in the next few years, and this should, in part, provide some sales price relief.

7 July 2015 | 6 replies
I don't think too many small 401K's get review, but if the total plan liabilities began to equal or exceed assets on the annual Form 5500 reporting, that might be a red flag?

10 July 2015 | 5 replies
I like to buy at 10% or higherI look at the annual return- yearly income/ purchase price- I like to see greater than 8% will look at lower percentages too.I am focused more on Cash on Cash return- what am I putting into the property and how long will it take to recoop my money?

20 May 2016 | 2 replies
Looking at buying a small office building to house one of my employees for data management.Building built in the 80's.7 spaces about 7,000 sq ft in size one story.Owner has owned for years and just replaced roof, toil...

13 July 2015 | 11 replies
In our business, where we either sell or refi the properties post completion, we use a simple GRM test:We want to be all in for something like 10x annual rent (10x GRM)So, if we are considering spending $5,000 for something (say, adding a bathroom), it needs to increase the rent by $500 / year or more (ideally more!).

11 July 2015 | 14 replies
This is often enough to show a funding partner that you know what you’re doing. 4) Compelling Deals – When a project is strong enough to generate more than 30% annualized returns, it becomes a safe project.

13 July 2015 | 4 replies
Annual numbers:Cash down: just under $52,000 (down payment, CC, materials + labor)Gross rent: $20,535 (5% vacancy which is very high but had to include due to the delay in carpet install.Expenses: $14,817 (Mortgage, taxes, insurance, maint. fees)$476.50/month before reservesMy experience with rentals where I pay a maintenance fee so far (no roof, no hvac): <<$50/year additional expenses, but I will set aside $1200/year for fun.$376.50/month after reservesI couldn't have done it with the generous guidance both on BP as well as the awesome veteran investors especially @Michael Mazzella @Bob Bowling :)Yes I do have a mortgage for this one.

13 July 2015 | 5 replies
This idea just poked my brain and I am wondering if it works or is realistic.Say you have a portfolio that cash flows $100K annually, and you own a property free and clear.

14 July 2015 | 21 replies
For the record 3 starting engineers in the bay area would gross well over 200k annually.
4 August 2015 | 6 replies
5) I believe it costs about $250 to create an LLC in NC plus fees and the annual cost is $200.