All Forum Posts by: Account Closed

Based on the huge jump in property tax valuations (Thank you Travis County appraisal district!) and ensuing spike of insurance costs to cover that rise, I'm not sure 5.6%  raise in rent would be adequate to cover that increased cost amount. I know I personally have a hard time cash flowing some properties in the Austin area. But, the flip side is if you can ride out the deficit of rent, the annual rise of housing values in a few years can get you some considerable gains. I'll take that trade off...MOST of the time!

Anyone?

Hey, hey Bigger Pocketeers!

I currently own a fairly sizeable portfolio of rental properties as well as some owner financed notes. As I near retirement age in the next few years, I would like to consider converting my rentals to notes as well. What i'm looking for is a formula (excel or something a little more simple than that even) to get actual rates of returns. I have considered using a V.A. from outside the U.S. (costs are less for an MBA to do the calculations). Any advice on such an animal? 

Thanks Andrew and Jeff!

Here's the deal. Some of these pay off in 3-4 years. The rest from 5-26 years left. We're looking at it from two different perspectives. Max cash flow and Max ROI. None of the rates are over 6.5%. (yea, that sounds high, but they were short term (10 or 15 year) and started 8 - 10 year ago, so rates at that time were good. Tax implications are also a consideration. Anyone else on here been in this situation. Is there a software or an app that we can put these in and look at different scenarios?

We currently have a portfolio of 14 single family rentals. We are curious as to how the best approach to paying these off as quickly as possible. Do we pay lowest balance first? Some are paid off is 3-5 years, some 15 to 20.  We are looking to retire in the next 3 years and are trying to get them paid off for maximum cash flow. Thanks!