18 May 2016 | 12 replies
Many of these give sales pitches, gurus try to sell their products or mentoring programs, or someone tries to get you to invest in a REI Fund by a group of people pooling their money, for some REI and promising an unrealistic return.
24 May 2016 | 25 replies
We currently have 50 fully renovated and tenanted properties that sell for an average of $83,000, in Memphis, TN.$83,000 x 20% = $16,600 + closing cost you are roughly out of pocket $20,000 With $50,000 you could get into 2 maybe 3 properties right away and start collecting your returns, right away.We manage nearly 2,000 homes in the area, so you would be taken care of on the back end as well.
24 June 2016 | 23 replies
I've average a 74.5% return to my investors for 2014 and 2015.
24 May 2016 | 22 replies
This requires you to know what your average monthly expenditure is but it is great.
20 May 2016 | 11 replies
The ridiculous interest rate for the seller finance is just a proposal - I do think the seller wants to move on from the property, so who knows what he'd actually be willing to take.Water is accurate for the 4 family, that's the quarterly average from the city for the 4 unit.
19 May 2016 | 1 reply
Can you either post here, or PM me, with the criteria you used in both products and I'll get you an answer.Best,Sean
21 July 2016 | 18 replies
@William Carroll I think this ties back into what Neil said, I need to talk with local PMs/RE agents to verify what I believe to be market rent (I just looked on craigslist and padmapper and took an average) is indeed market rent. 10% vacancy in a D neighborhood may indeed be too low, another great question for a local PM.
6 December 2016 | 47 replies
That will continue to push the averages up.
20 May 2016 | 12 replies
The other potential issue is what if they aren't satisfied with the final product.
19 May 2016 | 12 replies
Thank you how much in average can one experct in othe expenses apart from mortgage seeing that most people that get into troubler because they did not to the math right thank you So if the house or appartment is 100 000 RENT IS 1000 MORTGAGE IS 600 DOLLARSThen it is not worth it as 50 percent or 1000 is 500 if i understiid right thank you