Michelle Mayfield
Should I buy this rental property?
28 February 2023 | 11 replies
But even if you use fancy software, that's not where the secret sauce is.
Nathan Hillier
Out of state investing - What's stopping you?
23 April 2019 | 41 replies
This is the secret sauce.
Kevin Estey
CALLING ALL NEW ZEALAND BASED INVESTORS!
14 January 2020 | 184 replies
There is no secret sauce method, virtually every home for sale is on trademe.
Chris Harjes
Thoughts on ambitious buy-and-hold in West Asheville
14 February 2017 | 12 replies
I ran the numbers with rough and likely mildly pessimistic estimates of total rehab, based on paying $425 total to have it in good enough shape to keep 70% of rent, then assuming loan cost of 6.5% (definitely pessimistic since the last two were around 5% for me), and they aren't all that attractive- If $425k total in-Rent for $4200 total =$2940/month using 70% rule$2535/month P+I for $340k borrowed at 6.5% for 20 years $1500 insurance plus $2740 Taxes=$353/month for Taxes and insurance$2890 total MTI =Marginal to no cash flow, $7800 per year in paydown- so about 10% on the $80k I have in, Then market gain leveraged X 5- This is the big wild card, and the one where I may be less optimistic than the rest of the crowd. 4% sustained yearly gain would make the whole thing seem really attractive all of a sudden- but I don't see our economy expanding in the middle class enough for this to keep happening for much longer :(a 1% cheaper loan saves only $200/month- still weak sauce cash-flow wise.
Kevin Howell
creative financing ideas?
4 December 2014 | 9 replies
Kevin,I can't give you the magic sauce recipe you might be looking for, but can share with you some general advice that might be helpful.
Linda Liberatore
Your experience with mobile home investing
22 February 2016 | 11 replies
There is also a bit of secret sauce to acquiring the park for a fair price based on how it performs, and also estimating how you can improve on that.
Mattie Covatch
Should Landlords ever provide Internet?
15 April 2019 | 60 replies
It's not that we have internet issues very often, but a few times a month is more of a hassle than I want when I'm not making money on it.If you share it, get a Wi-Fi router with Tomato or WW-DRT (whatever it's called) and limit bandwidth on each device so there's not one device hogging the network.
Brittany Stradling
How are people scaling so quickly
7 August 2021 | 110 replies
Some are lucky.Some are lying.Some are really good at what they do.Too many factors to nail it down to a secret sauce that can be repeated by anyone.
Christina Tkacs
Can you truly get ahead by buying turn-key homes
7 August 2021 | 89 replies
Simple, the underlying fundamental of compounding returns combined with leveraged funds, it's the secret sauce that makes REI the profit generator it is.