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All Forum Posts by: John H.

John H. has started 17 posts and replied 31 times.

Post: Rental property insurance

John H.Posted
  • Cincinnati, OH
  • Posts 31
  • Votes 5

Looking for some Specifications I should give to my insurance agent when I am excepting proposals for my rental property, a.k.a. landlord, insurance. Any info on limits and deductibles would be great!

Post: A Different Landlord software

John H.Posted
  • Cincinnati, OH
  • Posts 31
  • Votes 5

It is my understanding that you cannot download expense transactions from your bank and then categorize them within TenantCloud. Am I mistaken on this?

Post: A Different Landlord software

John H.Posted
  • Cincinnati, OH
  • Posts 31
  • Votes 5

I have been Practicing with cozy and Stessa, which work great but they are two different applications.

Just signed up for TenantCloud thinking all of my problems would be solved. If I’m not mistaken, you cannot connect a bank account and download expenses like you can with Stessa.

My question is, have any of you found an application that works for everything all in one?

Post: Landlord software questions

John H.Posted
  • Cincinnati, OH
  • Posts 31
  • Votes 5

I just kidding my landlord and going, I have been fooling around with cozy and Stessa.

I have kept looking as I’m trying to find somewhat of an all in one system. I downloaded and spend a lot of time with TenantCloud. From what I gather, you cannot connect your bank account and download all of your credit card charges, checks written, and add them to expenses like you do in Stessa.

It’s almost like what one has the other doesn’t have or am I missing something here?

Post: Cash on cash versus total return

John H.Posted
  • Cincinnati, OH
  • Posts 31
  • Votes 5

@Aaron K.

Do you have the formula for each? Thanks in advance

Post: Cash on cash versus total return

John H.Posted
  • Cincinnati, OH
  • Posts 31
  • Votes 5

I’ve seen the term “cash on cash” and “ total return “ used as a percentage. What is the difference/formula between the two?

Post: Net Price per unit

John H.Posted
  • Cincinnati, OH
  • Posts 31
  • Votes 5

$100 per unit per month on multis

Post: Net Price per unit

John H.Posted
  • Cincinnati, OH
  • Posts 31
  • Votes 5

A lot of the tutorials and videos I watch talk about they need for $100 per unit on multi units, and 200 per unit on single-family rentals.

If you use the rental property calculator, this obviously changes if you compare doing a 100% cash purchase on the property, or if you finance the property.

Thoughts on this?

Post: [Calc Review] Help me analyze this deal

John H.Posted
  • Cincinnati, OH
  • Posts 31
  • Votes 5

View report

*This link comes directly from our calculators, based on information input by the member who posted.

OK guys so here’s the scoop.

I currently have a piece of real estate which Which I sold on a land contract in 2015 for 825,000. The property is still in my name and I have no mortgage. I received 82,500

I financed it for 48 months at 5.5% interest. I am due the remaining balance This coming December.

The seller has always been on time with payment. He has approached mean to possibly work out a Nother deal where I still hold a note for the remaining balance.

Looking for some ideas and thoughts on terms I might put forth? I also may just go ahead and call the note due and have him get financing to pay me off in full.

Love to hear whatyou guys think!