
2 January 2025 | 30 replies
my market is near the nation low in both evictions and delinquent rent even with very tenant friendly laws.

29 December 2024 | 15 replies
You have the mortgage, taxes, insurance, maintenance, capital expenditures (roof, flooring, etc.), and also need to consider the cost of vacancies or bad tenants.I also recommend you charge market rate, for yourself and the tenant.

26 December 2024 | 11 replies
Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

27 December 2024 | 2 replies
This provided a substantial return on the initial investment and freed up capital for future projects.Financial Highlights•Acquisition Price: $72,000•Renovation Costs: $35,600•Total Investment: $107,600•Funds: raised from personal savings and private lender•Appraised Value: $160,700•Monthly Rent: $2,150•Cash-Out Refinance: $3,200 after paying off private lender and myself•Rate and Term Refinance: 30 yr amortization, 7.25% interest, 70% LTV•DSCR: 1.45%Here's the breakdown of rental income and expense analysis:1.Annual Gross Income: $25,800 (Monthly rent of $2,150 x 12)2.Annual Expenses: $25,800 * 0.40 = $10,3203.Annual NOI: $25,800 - $10,320 = $15,4804.Annual Debt Service: $10,680 (Calculated previously using a mortgage calculator with a loan of $131,775, 7.25% interest, and a 30-year term)5.DSCR: $15,480 / $10,680 = 1.45 (approximately)With a 40% expense ratio, the DSCR is approximately 1.45.

27 December 2024 | 2 replies
some things to things to be aware of;My father and I have found the deal and will be completing 90% of the rehab.The friend has lots of capital and is able to provide large sums of cash if needed.

21 December 2024 | 11 replies
San Diego is a competitive RE market with decades of near top of nation appreciation and rent growth.

29 December 2024 | 7 replies
Like right now funding land flippers in rural CO.. and that is a spectacular market for us.. have not gone vertical. then you can go to private money like Builders Capital Peers of mine in the industry dont care for them.

28 December 2024 | 13 replies
I am interested in an investment where I would provide capital to ATM company for a return.

22 December 2024 | 1 reply
You can also check out groups like the National Alliance for Recovery Residences (NARR), which might have some leads for you.Another option is to talk to property managers who specialize in group homes or sober living.

23 December 2024 | 13 replies
@Jake Andronico A reverse 1031 exchange allows you to buy a replacement property before selling your relinquished property, offering flexibility in competitive markets and deferring capital gains taxes.