Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 3 months ago,

User Stats

22
Posts
3
Votes
Alex N.
  • Investor
  • Jersey City, NJ
3
Votes |
22
Posts

Request for Feedback_Not Cash Flowing

Alex N.
  • Investor
  • Jersey City, NJ
Posted

All: 

Really appreciate the community here and the hive mind. I have a few properties in Durham which I obtained as a 1031 in 2022 or so, and they are currently not really cash flowing. Here's a sample monthly for one property:

Gross Rent: $1990

Mortgage: 1770

Tax: 209

Insurance: 119

Management: 199

SO that's about a loss of $300/mo. 

A few solutions I can think of: 

  • Refi loans
  • Increase rents
  • Cheaper insurance
  • Eliminate management
  • Fight taxes
  • Pay mortgage

Any thoughts? Much appreciate you input here!

Loading replies...