20 June 2019 | 0 replies
Paid the HELOC off before the new year (6 months) with earned income and bonus checks.
22 June 2019 | 0 replies
3: what is included in the P&IDetails of property below:DuplexListed Price: 195,000Price I would like to offer: 160,000ARV: ~195,000Assumed closing cost: 2500Estimates repairs: 6000 (kitchen is very out of date and so are the bathrooms)Taxes: 4,071No down payment4.625% loan interestAmortized 30 yearsShould be able to rent at: $835-$875 per side after renovationsVacancy: 5%Repairs: 5%CapEx: 7%Insurance: $100Lawn Maintenance: $80Tenants pay water and electricExpense increase over time: 1%Income increase over time: 1%Property Value increase over time: 2%Management fees: 10-12% Sale fees 9%Bonus Details: Each side has a single car garageRent estimates came from apartments in the area with similar number bed/bathWould be running property as a house hack that would transition to full rental property in about 2 - 3 yearsAny advice and help is appreciated!
29 June 2019 | 17 replies
When a property comes up for sale that matches the "entry" part of the Micro-market (in the size range that works), you buy it based on the required numbers to make it work
22 June 2019 | 0 replies
This guy is super personable, works his butt off and has integrity to match that is so rare.
22 June 2019 | 0 replies
Even if they cannot be matched I am open for any possible solutions.
25 June 2019 | 1 reply
FYI, always use square or round tubing, four poles and chain link are no match for lineman pliers or bolt cutters.Make sure your cage opens on the top, so you can service the fan or compressor if need be.
26 June 2019 | 18 replies
The LVL doesn’t have to match the joist that are attaches to it.
27 June 2019 | 7 replies
Ask them their criteria so when something comes across your desk you can match it.
23 September 2019 | 20 replies
I participate because of the company matches up to 6%.
1 July 2019 | 34 replies
Bonus scenario: Rent to a person with multiple evictions, low credit?