Matt Bailey
What do appraisers care about in Kentucky?
30 January 2020 | 9 replies
Then you would subtract your cost from the ARV to if it is worth it or not, but in your case there may be extra motization of getting a better tenant at higher rent.
Callie Miller
Cost basis calculation for depreciation
21 January 2020 | 5 replies
I then subtract this from the cost, so $315,000 - $25,500 = $289,500, which is my cost basis of the property.
Jason White
BRRRR strategies for housing/economy crisis
20 January 2020 | 2 replies
For example, subtract 15% or more from your ARVs to pad yourself against a potential drop in home prices.You may have to reduce rent rates if you start seeing vacancies.
Cherie Durand
Loan to value? Where do I find that?
20 January 2020 | 6 replies
You can add/subtract a little for those type of things but even with no adjustments, it's going to get you a ballpark number.
Jot Singh
Refinance in BRRR deal.
24 January 2020 | 1 reply
Take your ARV, multiply by your banks loan to value percentage, subtract your purchase costs.
Daniel Nichols
New investor husband and wife team in Valdosta/South GA area.
29 May 2020 | 5 replies
As a Soldier, I always take my BAH rate and subtract $200, then I go look for places to rent that fit that price range.
Kevin Kozak
Section 8 What am I missing?
30 January 2020 | 2 replies
The projected utility budget needs to be subtracted out to get the rent allowance.
Melissa Jones
Q for CPAs. David G once mentioned doing a loan every 15 yrs
26 January 2020 | 3 replies
Subtracting local taxes, insurance and upkeep - we already have $100k/yr to spend.
Nickolas Burns
First Deal! - 4 Plex Break Down
30 January 2020 | 6 replies
Total Income/Month = $2420Minus the $575 once I move in but I will have a roommate who will pay 200 + half the electric so I would subtract $375 from $2420 = $2045Expense Break down:PITI = $1447.62Tenants pay Electric,Cable, and Internet I pay water which at most is $180/mLawn = $50/mSnow = $100/mGarbage = $50/mElectricity for my room =$50/mTotal cost = 1877.62Income - Expenses = +$167.38/month plus I would live for freeI have an inspector going through the property tomorrow and am heavily considering having the plumbing checked out due to it being an older property and would love advice on this.
JayCinta Henry
[Calc Review] Help me analyze this deal-4plex in Dallas TX.
3 February 2020 | 8 replies
If it needs 10k in repairs then I subtract 10k from my 60 Xs.In your last question are you asking how much you should charge for a security deposit?