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Results (10,000+)
Sarah Ali Am I too old to get started? What is a realistic plan for me?
30 May 2024 | 63 replies
Low supply leads to rising prices.  
Ashley Guerra Help on my game plan
29 May 2024 | 7 replies
I see it as a rising market, but honestly not sure if it's on the rise
Matthew Rogers 2021 North Dakota RE Market Forecast
30 May 2024 | 47 replies
The other thing with Minot is that it was completely overbuilt a few years back due to the oil boom, but now that the population is back on the rise for reasons other than oil, vacancies are being filled.
Ikenna Okekeogbu New to real estate investing
29 May 2024 | 10 replies
Multifamily here in Co Springs and Denver area has been "overpriced" somewhat because of the military presence and rise in popularity of house hacking. 
Jorge Vazquez Tampa Bay has welcomed nearly 400,000 new residents
29 May 2024 | 4 replies
Tampa's rising popularity and robust job market make it a thriving hub for new residents.20 years investing in Tampa.
Jason Riddle Homeowners Insurance Increase
28 May 2024 | 17 replies
I'm not in Texas but insurance costs are rising everywhere.
Gayle Eisner Raising Rent on a 30 day tenant
28 May 2024 | 7 replies
I'm getting squeezed due to inflation just wondering best way to get more money due to rising costs without losing tenant....Advice?
Steve Cook Property Management - Repair Mark-ups?
31 May 2024 | 44 replies
Again, everything rises and falls on ethics and transparency.
Taylor Brown Seeking advice marketing my previous primary as a rental!
29 May 2024 | 5 replies
If your property was in a downtown high rise, walking distance to the Action then you would have a demographic willing to pay for it.  
Todd Swalin Transferring property with a mortgage
28 May 2024 | 5 replies
For a $300,000 property, this could be $6,000 to $15,000.Mortgage on Rental Property:Loan Amount: $240,000 (assuming 80% financed at 4% interest over 30 years).Monthly Payment: Approximately $1,145.Other Expenses:Property Taxes: Estimated at 1.5% of property value annually ($4,500).Insurance: Estimated at $1,500 annually.Maintenance: Estimated at 1% of property value annually ($3,000).Property Management Fees: Assuming 10% of monthly rental income ($2,400 annually if rent is $2,000 per month).Vacancy and Turnover Costs: Estimated at 5% of annual rental income ($1,200).Total Initial Investment and Annual Operating ExpensesInitial Investment:Total Borrowed from Equity: $150,000Down Payment for Rental Property: $60,000Closing Costs for Rental Property: $10,500 (average)Total Initial Cash Outlay: $70,500 (initial investment from equity) + $10,500 (closing costs)Annual Operating Expenses:Property Taxes: $4,500Insurance: $1,500Maintenance: $3,000Property Management Fees: $2,400Vacancy and Turnover Costs: $1,200Total Operating Expenses: $12,600 annuallyExpected ReturnRental Income:Assuming $2,000 per month, annual rental income = $24,000.Net Operating Income (NOI):Annual Rental Income: $24,000Minus Annual Operating Expenses: $12,600NOI: $11,400Debt Service:Mortgage Payment on Rental Property: $1,145 per month, $13,740 annually.Total Debt Service: $13,740 (rental property) + $8,592 (equity loan) = $22,332 annually.Net Cash Flow:NOI: $11,400Minus Debt Service: $22,332Net Cash Flow: -$10,932 annually (negative cash flow initially due to high debt service).Cash-on-Cash ReturnInitial Cash Investment: $70,500Net Cash Flow (first year): -$10,932Cash-on-Cash Return: Not applicable initially due to negative cash flow.Long-Term Appreciation and AdjustmentsProperty Appreciation:Assuming a 3% annual appreciation, the property value could increase by $9,000 annually.Rent Increases:Assuming a 2% annual rent increase, rental income will rise, improving cash flow over time.