All Forum Posts by: Johanna Lopez

@Denise Evans thank you!! You're always so helpful!

 @Denise Evans can i please get one as well. i sent a PM

Vernon, 

from my personal experience, in any type of investment it comes down to the bottom dollar. I don't think it is wise to rent while "investing" because it looks like its defeating the purpose. For instance if your personal rent is $500, your mortgage is $1200 and your rent in the investment property is $2000 then you should work the numbers backwards. 2000-1200-500= it only leaves you $300. Now, if you live in the you can save that added "rent" cost. So from this scenerio it appears that renting the rooms would the best way to maximize your investment. (I hope I am making sense so far).

You should really study what type of real estate investment you want to do so it can better assist in making a decision that suits you. Some people (like me) prefer to keep personal and business separate. Also, an idea that might work for your is buying a duplex where you can live on side and rent the other. That's how i got started. 

Just a thought ... I hope that helps. 

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

@marcus auerbach

You're absolutely correct about garbage in and garbage out. The only thing that's confusing me about this particular calculator is that it calculates "repairs" every month which bits into the profit. I guess it can be consider contingency funds? also i don't understand what Purchase Cap Rate is.

Thank you so much!!

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

@Doug Johnson is it still available?

@Melissa Nash please send me any listing you may have for Huntsville. I am new to the area and so far I am really impressed with the market and the potential. Thank you everyone!!