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1 May 2024 | 22 replies
That is way more important than cash flow math.
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1 May 2024 | 7 replies
Third step is a licensed deleader will take that report and make the unit 'lead safe', we don't make them lead free in MA. The
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30 April 2024 | 3 replies
Quote from @David Yandel: It's all about the math.
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1 May 2024 | 22 replies
., but from a pure math standpoint in my mind selling definitely makes sense.But I can think of multiple turnkey assets in Reno, NV off the off the top of my head that would produce this.
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30 April 2024 | 25 replies
Mortgages take a long time to pay off, even with tenants and, I'm confused on the math.
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30 April 2024 | 0 replies
Once I've done some homework on the property and everything checks out, I make sure to visit it in person.
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30 April 2024 | 9 replies
RE is all about math, nothing else.
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1 May 2024 | 8 replies
Then you can do the math and see your cash flow.
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29 April 2024 | 9 replies
95% occupied sorryPersonally I don't count the POH rent towards the NOI because my lenders won't either.30 occupied at $450 = $162,000 gross incomeAssuming a 40% expense ration your NOI would be $97,200If you wanted to buy at a 9 cap you'd be at $1,080,000Definitely check my math but I'd try to pay around $1 million for this.
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29 April 2024 | 9 replies
Then later find out in underwriting that the loan officer did not calculate income correctly or used rents that do not qualify.You want to ask to see the math to see how are they running the approval it’s not just income, and rents it’s also what are the annual taxes and annual home owners insurance they are using to qualify.