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All Forum Posts by: Yehuda R.

Yehuda R. has started 3 posts and replied 14 times.

@Aaron Mazzrillo

Great point !!  You are totaly right !!

Post: 50% rule 1% rule

Yehuda R.Posted
  • Brooklyn, NY
  • Posts 15
  • Votes 0

SO WHAT SHOULD I CHANGE ?

Post: 50% rule 1% rule

Yehuda R.Posted
  • Brooklyn, NY
  • Posts 15
  • Votes 0

Brent

The rent is $ 2,600 per month

Post: 50% rule 1% rule

Yehuda R.Posted
  • Brooklyn, NY
  • Posts 15
  • Votes 0

@Brent coommbs

Thank you for responding. I will explain my question. The offer im giving is $220,000

Purchase Closing Costs$7,292.00
Estimated Repairs$25,000.00
Total Project Cost$252,292.00
After Repair Value$295,000.00

Down Payment $55,000.00

Loan Amount $165,000.00

Monthly P&I $797.28

Total Cash Needed  $87,292.00

Now the calculator is giving me  

MONTHLY CASHFLOW $582.42

using 50% Rule Total Monthly Cashflow is  $502.72

What is the difference?


Post: 50% rule 1% rule

Yehuda R.Posted
  • Brooklyn, NY
  • Posts 15
  • Votes 0

SO WHAT IS THE DIFFERENCE IN CALCULATION BETWEEN THE 50% RULE

AND A GOOD CASH FLOW RIO ?

THE BIGGER POCKETS CALCULATOR IS GIVING ME DIFFERENT NUMBERS BETWEEN THESE TWO

CAN ANY ONE HELP ME ?

Post: Irvington N.J. multi fam.

Yehuda R.Posted
  • Brooklyn, NY
  • Posts 15
  • Votes 0

Hi 

Im looking to invest in a multi fam. in irvington 

Would like to here from guys ho invested there

Thanks

Yehuda

Post: INVESTING IN JERSEY CITY N.J.

Yehuda R.Posted
  • Brooklyn, NY
  • Posts 15
  • Votes 0

HI 

Im willing to know if of any of you ever invested or know about Jersey citi N.J. ?

Is it a good place to invest ?

would like to get some more info. about it 

Thanks

Post: Do you invest outside of your state?

Yehuda R.Posted
  • Brooklyn, NY
  • Posts 15
  • Votes 0
How do i know if i can rely on the PM ? i had a PM ho just ripd me off by over charging me on repairs

Post: Do you invest outside of your state?

Yehuda R.Posted
  • Brooklyn, NY
  • Posts 15
  • Votes 0
How do i know if i can rely on the PM ? i had a PM ho just ripd me off by over charging me on repairs

Post: Do you invest outside of your state?

Yehuda R.Posted
  • Brooklyn, NY
  • Posts 15
  • Votes 0
Add my reply to thread...