
2 January 2025 | 1 reply
I intended on financing a rehab for $60k with a $15k return after 6 months.

2 January 2025 | 3 replies
Today, I analyzed over 10 condos, and while I found one with a positive cash-on-cash return, it was far from impressive.I’d love to hear from experienced condo investors about why this type of real estate might make sense despite the low cash-on-cash returns and HOA fees that cannot be influenced.As a bonus, if anyone has purchased investment properties for their children with a similar goal, I’d really appreciate any insights about your process or results.I am looking at buying 2 investment condos for my children to pay for their college tuition in 13-15 years.

6 January 2025 | 4 replies
I work at my brothers business as a independent contractor , he has an accountant for this business is necessary for him to to this job or i can do it myself.You show them your bank statements and tax returns

30 December 2024 | 24 replies
The net cost of the turns is what really matters to your return on investment.

19 January 2025 | 46 replies
As far as I know, it generally doesn't work in the US anymore as you describe now that interest rates have returned to a normal level.I totally agree with @Henry Clark that, if I want to invest in Italy, I want mass tourism and STRs.

10 January 2025 | 13 replies
Typically, as I'm searching for further acquisitions, I don't even consider deals that won't return at least a fast 300%, with no further CapEx, just by clipping-and-flipping.

30 December 2024 | 12 replies
If you are always giving away something valuable (information, time, resources, referrals) and not asking for anything in return, you will get plenty.

18 January 2025 | 10 replies
It's crucial to evaluate how the deal performs with the new mortgage:Updated Financials After Refinancing: Market Value: $250,000 Mortgage Amount (80% LTV): $200,000 Equity: $50,000 Interest Rate: 5% (30-Year Amortization) Assuming after 12months the rate will drop from 6% to 5%Monthly Expenses: Mortgage Payment: $1,074 Property Tax: $260 (4% Adjustment from last year) Utilities: $309 (+3% Adjustment) Insurance: $104 (+4% Adjustment) Vacancy: $105 Repairs & Maintenance: $105 (now after 12 months we can assume we have repairs at 5% factor on annual rent) Total Monthly Expenses: $1,957Rent Income after 12 months assuming annual rent increase at 5% : $2,100Cash Flow: $143 per month 😊Year 2 Return on investment $2,951 Principal Paydown year 2 $20,000 Property Appreciation (assuming 8% per year) $1,720 Yearly Cash Flow (this will increase as rents rise) $50,000 Initial Equity Total Gain $74,671 with just $ $22,789 remaining in the deal.

31 December 2024 | 22 replies
At first, since mid-2020, the rent was late but steady every month with rental assistance.

13 January 2025 | 30 replies
Someone trying to earn 4-5% return they could get from a bank cd?