Logan Allec
Can I comfortably retire in 15 years, living off rental cash flow alone, by, every year for 15 years, putting 20% - 25% down on 1 run-of-the mill turnkey property at retail in a stable market (say, Indy) and re-investing all cash flow?
28 November 2014 | 17 replies
Assuming 30 year amortized loan on the $80K mortgages, after 15 years (the first property you buy), you'll have about $26K in loan pay-down; while not linear, for simplicity, we'll say that the average loan pay-down of the 15 properties is half that ($13K), for total additional equity of about $200K.That's total equity of about $750-800K; if you can generate an ROE of 8% across that portfolio, you'll be cash flowing about $60K per year, pre-tax in the year of your retirement.Now, if you can generate a good bit higher than 8% by not buying turn-key properties, you'll likely find that your final numbers are much more interesting...
Rene Smith
Advise for new investor in Chicago
30 December 2019 | 17 replies
I think it is the 5th time they tried to overturn the statewide ban in the last decade and it never got far enough to even be taken seriously.
James Park
$100k passive income club after expenses: What property type?
26 October 2015 | 18 replies
My ROE is dropping as the years go buy and equity builds, but I would estimate it to be right at about 7%.
Josh Bustle
Dead Equity - How much money do you leave in rentals?
12 November 2018 | 108 replies
My avg ROE is 7% and can be tapped for the right opportunity.
Wade G.
Are SFHs worth keeping more than a few years
30 January 2020 | 88 replies
After I've owned it a while, and especially if it has appreciated significantly, I start looking at ROE.
Christian Reyes
New Investor in Westchester County NY
10 April 2017 | 14 replies
Perhaps starting with a few condos that can give me a decent ROE if I rent them out.
Gary Miller
Turnkey questions by novice high income investor
31 May 2017 | 50 replies
I would do this any day over turn keys at a distance.
Marcin G.
asset protection strategy
22 June 2013 | 25 replies
I would in such cases provide a written opinion and I never had an opinion overturned in court or a hearing as some tried to do.
Karen Margrave
Regulating Sober Living can impact other uses too
26 December 2017 | 8 replies
@Karen MargraveTo realistically get this done, Rep Issa would need to: Convince enough politicians to repeal or amend FHA;Convince enough politicians to repeal or amend ADA;Convince the Ninth Circut to overturn it precedent on the basis of repealing/amending the FHA and the ADA;Repeat the same process for similar language found in the state law and/or the state constitution.
Desmond Price
REI vs Stock Market
30 September 2017 | 54 replies
I was attempting some humor above.I target Stocks that had good potential Free Cash Flow, Enterprise Value / EBITDA and ROE growth.