Private Money Or Not
In today's economy the use of private money had become more widespread. Why wouldn't it? It had supplied us investors with a true need - funds. So private lending has...
In today's economy the use of private money had become more widespread. Why wouldn't it? It had supplied us investors with a true need - funds. So private lending has...
Follow these steps to accomplish successful investmenting:Define a clear goal or goals. If multiple goals - prioritize. Build a team: mentor/expert, attorney, CPA, lender, and insurance agent. Decide on an investment philosophy: rental property, fix-and-flip, commercial,...
Signs of a Real Estate Recovery?By Realtor.org June 16, 2011 Foreclosures fall for 8th straight monthBy Les Christie CNNMoney June 16, 2011 Foreclosure Filings Decline but Signs of Renewed Activity EvidentBy: Carrie...
18716 Sagewood DR, Dallas Category: Fix and FlipMarket Value: $220,000 (Market rent: $1,700/month)PURCHASE COSTS:Purchase Price ($160,000.00)Inspection(s) ($275.00)Appraisal(s) ($450.00)Survey(s) ($275.00)Lender Fees/Costs ($2,000.00)Closing Costs ($1,000.00)Other $0.00Total: -$164,000.00REHAB COSTS:Labor (from page 2) ($16,000.00)Materials (from page 2) $0.00Total: -$16,000.00HOLDING COSTS:Mortgage Payments ($2,300.00)Property Taxes ($1,100.00)Insurance ($300.00)Utilities ($500.00)Lawn Care ($150.00)Other $0.00Total: -$4,350.00SELLING COSTS:Selling Price $220,000.00Commission...
2512 Lawndale, Plano Analysis Report Category: Fix and Flip PURCHASE COSTS:Purchase Price ($129,900.00)Inspection(s) ($275.00)Appraisal(s) ($450.00)Survey(s) ($275.00)Lender Fees/Costs ($2,000.00)Closing Costs ($1,000.00)Other $0.00Total: -$133,900.00REHAB COSTS:Labor (from page 2) ($20,000.00)Materials (from page 2) $0.00Total: -$20,000.00HOLDING COSTS:Mortgage Payments ($2,000.00)Property Taxes ($1,000.00)Insurance ($300.00)Utilities ($500.00)Lawn Care ($150.00)Other $0.00Total: -$3,950.00SELLING COSTS:Selling Price $180,000.00Commission To Agents ($10,800.00)Buyer Home Warranty ($350.00)Buyer Termite...
Property Report : Duplex: Mansfield Texas Category: Rental Property Download PDF ReportDisclaimer This tool is provided "As Is". All information is believed to be accurate, but not guaranteed. It is intended for...
Property Report : 4409 San Mateo Lane Mckinney TX Category: Rental propertyDownload PDF Report Disclaimer This tool is provided "As Is". All information is believed to be accurate, but not guaranteed. It...
By Lori GreymontThere’s a house on Vine Street in Atlanta. The homeowners defaulted and the bank foreclosed. Then the property was listed at 80% of its value by an agent...
For years I'm asked this question: "Should I buy my own home or rent?"Well, my first answer is it depends, mostly on where you live. As a rule of thumb...
By Les Christie, staff writerAugust 2, 2010: 4:15 AM ETNEW YORK (CNNMoney.com) -- The housing bust has made owning a home a lot more affordable -- but in some places,...