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5 December 2024 | 554 replies
How consistently has it show that it can be profitable.
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3 December 2024 | 1 reply
I figure you need about $50m a month to be profitable, $10-20 breakeven.
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4 December 2024 | 37 replies
Moreover, I believe that those of us affected by this organization's actions deserve appropriate relief.Sincerely,MMThus far, I have made every attempt to resolve this situation as amicably as possible, but they have not and are being absolutely unreasonable, uncompromising, and ridiculous.
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1 December 2024 | 0 replies
Taxes, interest, insurance and maintenance will eat into the profit. 2.
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10 December 2024 | 104 replies
I do business with a few I fund the deals they want to wholetail so they can double or quadruple their profit compared to an assignment fee.
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3 December 2024 | 19 replies
Below are the key factors companies consider when choosing a city for investment:Low operating costs: Companies are unlikely to choose a location where state income taxes, property taxes, and insurance consume a significant portion of their potential profit.
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3 December 2024 | 5 replies
With $19K invested and a $71K purchase price, your cash-on-cash return should be strong if the rental income covers expenses and leaves room for profit.
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30 November 2024 | 0 replies
On Page 134, he lists the following when analyzing a deal:Sales Price: $132,490.00Sales Expenses: $17,000.00Loan Balance: $55,004.72Total Invested Capital: $35,950.00Profit: $24,535.28I agree with his thought process here when he calculates net profit, but I'm trying to verify the net profit by adding up all the sources of income over the past five years in his example by doing the following:Appreciation over five years=$12,490 (see chart on Page 133).Cash flow ($297.73x12x5)=$17,863.80 over five years.Loan paydown: ($60,000-55,004.72)=$4,995.28 over five years.Sales Expenses are still $17,000.Doing the math, profit= $12,490+$17,863.80+$4,995.28-$17,000=$18,349.08There is a $6,186.20 difference from the net profit he calculates.My question is: Is this $6,186.20 difference due to the forced appreciation gained in the property from the rehab he does in this example?