
21 March 2024 | 8 replies
Here are some tips to help you find and distinguish cash-flowing properties beyond the 1% rule:To evaluate a property's income potential, consider alternative metrics like the 1% rule, cap rate, cash-on-cash return, and gross rent multiplier (GRM).

20 March 2024 | 15 replies
When home prices go up, so do ARVs and gross profits.

21 March 2024 | 16 replies
Bank Statement loan where 80% of the gross income will count so you can get a favorable DTI.This loan can be for both owner occupied or investment loan.

20 March 2024 | 18 replies
This isnt exact but if your gross monthly income is twice that of your current monthly debt on credit report plus your new housing expense you make enough to qualify (roughly).

20 March 2024 | 8 replies
I've always had it and when you have a claim/large loss you get a check for gross rental income.

20 March 2024 | 0 replies
Ive got about 45 days of PTO/Sick/Vacation that is taken for the year so I work approximately 1650 hours a year at that job assuming a 40 hour work week.I am also a licensed Real Estate agent with 2 separate LLCs - General Brokerage and Property Management.Between the two LLCs, I've grossed pretty close to my W2 income.
20 March 2024 | 2 replies
I would rather be all in a duplex 110- 120k, with 900 900, I picked up a 7 unit, all in 230k, rent is about 50k gross, net about 37k, All the best

20 March 2024 | 14 replies
They're more expensive but the underwrite is easier due to gross rents vs. having expense factors (like any type of normal commercial lender).

22 March 2024 | 88 replies
Gross rents were $4500 per month.

19 March 2024 | 6 replies
. :)OK has a peculiar requirement for non-residents: you need to file if your "OK-source gross income" is above $1,000.