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10 September 2024 | 7 replies
For a portfolio of that size, I'd want 10-15k in a savings account specifically for my rental portfolio, IE separate from your personal emergancy account.
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9 September 2024 | 9 replies
15 years of investing in class B single family in Milwaukee with a medium size portfolio: 1 eviction and 3 cash for keys.I am on the board of the RPA Rental Property Association of Wisconsin and 2%-3% sounds about right to me for class C and D portfolios based on what I hear from our members.A good MF portfolio should have under 30% turnover rate, with SF you can get under 20%. 8% eviction seems very high in that context.
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5 September 2024 | 2 replies
The charts would look the same for any other mainstream interest rate.
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7 September 2024 | 9 replies
But to get into contract I need a EMD (which at the size of the new purchase is not small).
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8 September 2024 | 19 replies
I intend to start small, $3-5M deal size and work up.This would be an example of smaller deals for syndication.
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9 September 2024 | 12 replies
Lots of great experienced PMLs there - both passive ones that do it as a side hustle and small to medium sized PML business owners like me who started out with my own capital and grow over the past decade to have nearly 100 investors.
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7 September 2024 | 15 replies
lawyers title lol trust me its not the size of the company that was the issue.
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6 September 2024 | 3 replies
Loan Balance $295,000Loan Maturity Date 11/1/2051Property Specifications:SFHBedrooms 4Bathrooms 3Square Feet 2316Year Built 2021Garage Size 2Schools Rating (scale 3-30, 30 is best) 18Lot size (sq ft) 7,631.0Purchase price: $330,000Market Value: $350,000Estimated Financial AssumptionsMonthlyYearlyRent (upper)*$2,350$28,200Rent (lower)*$2,250$27,000Property Taxes$425$5,100Insurance$200$2,400Repairs$65$780Property Management Monthly (%)0.00%Property Management Monthly ($)$75$900Leasing Fee$95.80$1,150HOA$146$1,752Vacancy Rate4.00%Total Fixed Expenses$1,096$13,150Total Expenses (Fixed + Mortgage)$2,620$31,437
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7 September 2024 | 5 replies
You would do much better building a cabin or 2 story place for resale.I assume that you know geodesic domes usually bring less than a comparable sized "normal" home.
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6 September 2024 | 6 replies
But only Brokers will know how many of those are really floating around in your market and for that size asset.