All Forum Posts by: Alessandro Pascucci

♦️This is what I do to estimate my entry point - VALUE ASSESSMENT - “We make money when we buy not when we sell..... right?”

1) I look the average price in the area (similar properties - number of beds and baths) and general status of the property

2) Calculate the 70% of the average price in the area and deduct some rehab cost that I think the property need.

♦️This is what I do to estimate if the property will generate cash flow - INCOME

1) I look at the average rent in the area; (I need to figure out how to research for Vacancy rate in an area, any suggestion? ) NOTE: I try to search for offices - colleges nearby - subway.

2) I measure 50% of the average rent for Expenses (small repairs, big repairs, cap-ex, property taxes, HOA (if applicable); property management; vacancy ... you suggest others?)

3) I deduct my income taxes from the 50% money left after expenses and deduct the mortgage payment.

4) I have the “monthly post taxes cash flow”

5) I would like to have anything from 7% and more as “cash-on-cash” per year.

What do you think?

Any suggestion or correction ?

@Theresa Harris would you suggest some numbers to look at.

This is what I do to estimate my entry point - VALUE

1) I look the average price in the area (similar properties - number of beds and baths)

2) Calculate the 70% of the average price in the area and deduct some rehab cost that I think the property need.

This is what I do to estimate if the property will generate cash flow - INCOME

1) I look at the average rent in the area; (I need to figure out how to research for Vacancy rate in an area, any suggestion? )

2) I measure 50% of the average rent for Expenses (small repairs, big repairs, cap-ex, property taxes, HOA (if applicable); property management; vacancy ... you suggest others?)

3) I deduct my income taxes from the 50% left and deduct the mortgage payment.

4) I have the “monthly post taxes cash flow”

5) I would like to have anything from 7% and more as “cash-on-cash” per year.

What do you think?

Any suggestion or correction ?

Good morning everyone,

I have a basic taxes question for you today:

Assuming my gross rent income is1000$/ month and based on accurate research I can plan a total of 500$/month of expenses (small repair; big repair; cap-ex; property management; vacancy; and all the rest of expenses can occur)

I have a total 500$/month net rent income.

Now, just for example, I have a mortgage of 200$/month. I have left 300$/month cash flow.

My question is: which amount will be the one I need to pay the income taxes?

I have 1000$ - original rent

I have 500$ - rent minus expenses (but part of this expenses ante just planned and they don’t occur every month, so for the sake of the plan we average the big expense during the years and the months)

I have 300$ - rent minus expenses minus my mortgage.

Thanks for help guys

@Stetson Miller are you familiar with the area ?

@Jody Sperling great and inspiring answer thanks

@Theresa Harris thank you so much. I did some research and even though right now I have a lease for one year I am ready to screen the area and buy a property for investment purposes. Would you suggest some mentor, books useful to my cause.

Also do you know someone in the area ?

Good morning community.

It has been long time I haven’t posted in here but now I want to ask the most general question about the rental investing journey I want to start.

I need your help to figure out which are the professional characters I need to bring on board with me in this adventure.

Reason I am asking this, because after having read several book about this topic, one that always pop up is: “build a team of people that know what you don’t know”.

“You don’t know what you don’t know, till you know”, right ??

Its my understanding then, I am gonna need some good companion in this and I would like to ask you guys to help me out to find them.

Thanks you all.

@Theresa Harris thanks a lot for that.

I am getting in to it. Any suggestions about what numbers look first ?

I am moving in Fort Myers for work and the project forecast is 5 years.

I am not sure if buying would be the best option if, after the project will be completed, I will need to move in another location.

Is the rent a valid alternative otherwise?

Investment-wise (which I am very interested) I would like to know if anyone out there has some good suggestions regarding a good area in development.

Hi Peter 
Rental property to invest;

150,000$ to 200,000$