All Forum Posts by: Jordan Vanherwynen

Quick question about Payback Period (PBP).

1. Does anyone have any "rule of thumb" when using PBP? 

2. Is it even useless when analyzing properties? If so, which types?

Thanks, Jordan

@Elenis C.

Thanks, I will read it tonight!

@Jason D.

No, I wasn't thinking of living there. 

Yeah, I guess I would have to be careful about who I sublet to.

I was thinking it may be a good way to get cashflow with little capital invested.

I am looking to get some honest feedback about an idea.

I found a 4 bed house is an area that is known for students rentals. The property is being offered for$1600 monthly all-inclusive. Would it be possible to sublet the rooms individually to students for $500, netting $400 a month.

Do you think this is a good, or bad idea?

Thanks in advance.

@Jimmie Keyes

@Thomas S.

@Josue Vargas

@Elenis C.

Thanks for all your advice, super helpful.

Jordan

@Elenis C.

Ok, makes sense. Why do you say it takes a lot of time? (If this question will be addressed in your post, I can wait.)

Thanks

@Elenis C.

Wow, those seem like pretty good numbers, can I ask how you financed the deals?

@Michael Craig ok, didn't know that, standard here is 25 from what I know. Thanks

@Michael Craig 

Thanks, they are rough numbers for sure, I have considered a 30 year amortization, is is true that it is harder to get 30 year compared to 25 year amortization?

I am NEW to this, I wanted to get quick feedback on this "deal". Do you think this property has potential? 

Thanks