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19 January 2025 | 269 replies
Does anyone know where you could find median income data by area in Portugal?
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13 January 2025 | 2 replies
., Purchase Price: $475,000 ($197.9/sq. ft.).Estimated Market Value: $402,000 ($168/sq. ft.).Financing Terms: 2% interest rate, with a 9-year balloon.Unit B Income: $2,049/month (Section 8 tenant through November 2025).Unit A Income Potential: Similar rent or higher; Section 8 cap for the area is $3,234/month.Monthly Loan Payment (P+I): $1,386.Cash Flow Breakdown (if both units are rented at $2,049/month):Gross Rent: $4,098/month.Vacancy (10%): $410/month.Operating Expenses (37.3%): $1,376/month.Net Cash Flow: $943/month.Key QuestionsWould you be comfortable paying an 18% premium for financing at 2%, especially in a market where current mortgage rates are closer to 7%?
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19 January 2025 | 4 replies
I would spend a few bucks on nice ads in local magazines and/or do flyers in areas that are higher income.
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28 January 2025 | 42 replies
My point is I'm not interested in having a second job.Currently doing analysis on identifying top zip codes for the facility based on criteria like age distribution, median income, education levels, % of home ownership.
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20 January 2025 | 14 replies
Quote from @Erick Pena: A "good" rental property is one that covers all expenses (mortgage, taxes, insurance, maintenance, property management fees, and any other costs) and still leave a surplus (commonly referred to as cash flow).Calculate cash flow as: Cash Flow = Rental Income − Operating Expenses − DebtThere's much more to it, but that's the basic idea.
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20 January 2025 | 8 replies
I specialize in STR & Co-living concepts, which I recommend for the highest rental income potential!
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18 January 2025 | 17 replies
A small multifamily property is a smart choice for a first investment—it offers a great balance of income potential and manageable scale for someone new to the space.Don’t worry about being ambitious; it’s clear you’ve done your homework, and you’re already ahead of the game by setting a clear goal.
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21 January 2025 | 4 replies
Check credit, income, and rental history.
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15 January 2025 | 8 replies
Hello, We have a triplex in a lower-income neighborhood in the Tampa Bay area.
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19 January 2025 | 7 replies
Tax and Legal ConsiderationsUnderstand the tax implications and legal responsibilities associated with rental income.