Luis Marin
Sell or Rent How do we identify what is best for us?
4 January 2025 | 5 replies
. ==== Projected Income ====**Off Season**-$4,000/Month Rent Period: September - May (7 Months) Projected Income: $28,000**Summer 1**-$8,000/Week Rent Period: June (4 Weeks)Projected Income: $32,000**Summer 2**-$8,500/WeekRent Period: July-September (12 Weeks) Projected Income: $102,000**Optional** (Basement Apartment)-$2,000/Month -Rent Period: Year Round Projected Income: $24,000TOTAL PROJECTED INCOME: $186,000 ==== Operating Cost ====-Mortgage: $84,000 ($7,000/Month) -Utilities: $36,200Gas $6,000 ($500/Month) Electricity $6,000 ($500/Month) Internet $2,400 ($200/Month) Garbage $5,000 (Estimate) Pool $4,000 ($250/Week)Landscaping: $4,000 -Mowing: $2,400 ($150/Week) -Clean Ups: $1,600 (Spring & Fall)-Weekly Turnovers: $8,800 ($550/Week)==== Legal Cost ====Summer Rental Fee: $20,100 (15% of $134K)Sandwich Rental Tax: $6,855 (15% of $45,700) NET PROFFIT: $38,845.00
Matthew Brown
Currently Renting, lease to own option first time buyer consequences.
12 December 2024 | 3 replies
You aren’t owners with lease options.
Dina Schmid
Misreprentation (or error?) of Lot Size, City and Zipcode on MLS
28 December 2024 | 11 replies
If you have the legal right to terminate, it would be a better option.
Roque Miranda
Property management tool and application for tenants to pay
26 December 2024 | 6 replies
My landlords use Azibo for management and RentSpree for screening, but there are a million options.
Cody Caswell
FHA Loan for Primary House - Full Time Real Estate Investor
5 January 2025 | 7 replies
FHA is unlikely to play nice in this situation.Bank statement loans might be an option for you.
Steven Catudal
Investing in Alabama as out of state investor with a partner
15 January 2025 | 12 replies
Conventional can be a good starting point for your first properties because of the lower rates, but for entities and if you are planning to scale, DSCRs are great option since they focus on the property’s rental income rather than your personal income.
Kimberley Sewell
RABBU Listing Service
31 December 2024 | 2 replies
The owner has taken it off market and I'm just trying to explore my options of selling it off market for a deeply discounted price.
Shayan Sameer
Fix/Flip or Rental
2 January 2025 | 2 replies
Cash out refinances are also an option it just depends what debt you have currently and if it makes sense to pull that out.
Jonathan S.
Passive Real Estate Investing
15 January 2025 | 10 replies
Therefore, your financial freedom hinges on new companies continuously moving into the city, creating replacement jobs.Companies have many options when selecting a location to set up operations.
Charles Evans
New House Hacker, Need Tips/Reassurance Please!
29 December 2024 | 15 replies
Plus, with $4200+ in monthly income and the option for overtime, you’re in a strong position to manage this responsibly.