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6 February 2025 | 9 replies
I recently found a house in Dallas (listed on Zillow for 120 days) that is 100% owned by the seller, and they're open to seller financing.
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4 February 2025 | 2 replies
I believe depreciation on that unit that you were living in starts at that point as well.just bringing this up because it was mentioned in another post where someone was house hacking.
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30 January 2025 | 11 replies
Is the property just a regular-style house or something you can build an experience around?
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30 January 2025 | 3 replies
The biggest things for our energy bills are: how many ac units are on the house and do you have a hot tub.
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15 February 2025 | 15 replies
Quote from @Tyler Garza: Deal :Duplex Home2 beds / unit2 baths / unit3,000 sqftAsking 300k60k downEst rent/yr - 31,2005% Vacancy20% Op ExpenseMortgage 240k assuming 7%Results: CF - 6,600Cocr - 11%Cap - 8%Looking at this for a buy and hold and trying to determine if I am analyzing this right@Tyler Garza I can get to your COC of 11% and cap rate of 8%, but since I don't know your loan payment or amort, I'm not sure how you got to CF of $6,600 - I'm getting arond $4,600.And a couple of things jump out at me with your assumptions versus most of my CFO clients: 1) a 5% vacancy rate and 20% Op exp margin seem a little low, 2) an LTV of 80% LTV (with a 7% interest rate) seems high unless you're house hacking, 3) Depending on the location of the property, the $1,300/month/unit rent may be low.
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8 February 2025 | 4 replies
For Example: All Blue houses make more money.Lots of times, I tell people not to trust me, since my topics can be vetted, plus I don't know their personal situations.Just surprised that people on the Forum don't have more Podcast visits referenced in their bylines.
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23 February 2025 | 10 replies
I've called the attorney general and the city housing authority.
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10 February 2025 | 24 replies
This is partly due to the fact that the sec8 housing authority I usually work with is "tougher", but they compensate proper.
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8 January 2025 | 11 replies
In other words, I can afford the house with or without tenants.