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19 February 2025 | 2 replies
This means taking days off of work to handle business, dealing with the subs and any deficiencies they may have, spending time dealing with the city, for both permits and inspections.Having GC doing everything won't entirely eliminate your time cost, but it can mitigate it to an extreme degree.My take is that if you are confident that you can be as fast as the GC in handling everything and there is no negative impact to your other business then by all means do it.
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30 January 2025 | 62 replies
Will they be able to effect mass deportation day1, week1, month1, HELL YES.
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21 January 2025 | 5 replies
I do have monthly mortgages to be paid and not having rental income to offset my negative cash flow has been a learning experience and really trying to think of what options I have to have better success at this.
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21 February 2025 | 3 replies
This would effectively cover your mortgage and significantly reduce your living expenses.
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12 February 2025 | 6 replies
This would imply AA has an effective tax rate of ~3.5% for an investment property
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1 February 2025 | 9 replies
I have read many positive and some negative reviews.
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19 February 2025 | 9 replies
Quote from @Lucy Ahl: I've noticed several years back some negative reviews for Insula Capital.
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20 February 2025 | 5 replies
What tips and techniques have you found most effective in increasing rental income and property value?
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17 February 2025 | 4 replies
The conversation covers issues like the impact on property values, tenant rights, and the broader effects on the real estate market.
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15 February 2025 | 2 replies
I highly recommend you study this, practice it, and apply it.https://www.biggerpockets.com/blog/rental-property-cash-flow...Property Details:Type: Single-family homePurchase Price: $289,900Down Payment: 20% ($57,980)Loan Amount: $231,920Interest Rate: 6.85%Loan Term: 30 yearsMonthly Mortgage Payment:Using a mortgage calculator, your principal and interest will cost $1,515 per monthRental Income:Average Rent for Single-Family Home: $2,171 per monthOperating Expenses:Property Taxes: $300 per monthInsurance: $100 per monthMaintenance and Repairs: Budgeting 5% of rental income ($109 per month)Vacancy Rate: Assuming 5% vacancy ($109 per month)Property Management Fees: If outsourced, typically 10% of rental income ($217 per month)Total Monthly Expenses:Operating Expenses: $835Mortgage Payment: $1,515Total Expenses: $2,350Net Monthly Cash Flow:Rental Income: $2,171Total Expenses: $2,350Net Cash Flow: -$179 per monthConclusion:In this scenario, the rental income of $2,171 per month does not fully cover the total monthly expenses of $2,350, resulting in a negative cash flow of $179.