Adam Oldham
Is Wall Street Crowding Out Indianapolis Home Buyers?
23 December 2024 | 8 replies
According to the article, around 5% of the properties are being bought by investment companies, leading to concerns that regular homebuyers are being priced out of the market.1) Do you think this could become a long-term issue, given that the current percentage of investor-bought properties is relatively small?
Albert Hepp
Are you seeing Flat Fee Buyer Agents in your market?
3 January 2025 | 26 replies
It ranges in percentage but nothing has felt different.
Zachary Kessler
Section 8 Rentals
24 December 2024 | 5 replies
While the guarantee of income sounds great, it's only a percentage of the rent, typically up to 70% and the tenant has to pay the remainder.
Justin Jefferson
Can someone guide me through the first step of analysis
22 December 2024 | 8 replies
Deduct NEW property taxes after you buyDeduct home insurance costsDeduct maintenance percentage, typically 10%Deduct vacancy+tenant nonperformance percentage(we recommend 5% for Class A, 10% Class B, 20% Class C, good luck with Class D)Deduct whatever dollar/percentage of cashflow you wantNow, what you have left over is the amount for debt service.Enter it into a mortgage calculator, with current interest rate for an investment property, to determine your maximum mortgage amount.Divide the mortgage amount by either 75% or 80%, depending on the required down payment percentage - this is your tentative price to offer.If the property needs repairs, you'll want to deduct 110%-120% of the estimated repairs from this amount.Be sure to also research the ARV and make sure it's 10-20% higher than your tentative purchase price.As long as the ARV checks out, this is the purchase price to offer.It is probably significantly below the asking price.
Nicholas Dillon
Does it make sense to take money out of the stock market to invest in RE?
22 December 2024 | 2 replies
I wondering about cashing in a small percentage of my stock portfolio to fund my next RE deal.
Sebastien Tinsley
Looking to begin my journey into REI
13 January 2025 | 45 replies
I'd say my biggest question right now is how to get accurate numbers for when analyzing a deal (specifically insurance and rent) and what's the ideal percentage to use for variable costs?
Steve K.
Due On Sale Clause About to Become More Common?
12 January 2025 | 185 replies
And like JD pointed out, a tiny percentage of transactions are made using seller financing, and an even smaller percentage of those are done using subject to.
Kmsuea Abdei
Should I sign an exclusive agreement with agent?
30 December 2024 | 12 replies
The buyer comp agreement has to be a specific dollar amount or percentage.
Alex Bockey
AirBnB; what's better, condo or house?
27 December 2024 | 8 replies
He was happy to allow me to rent out nightly because it actually helps keep his property in better shape than a long term renter (having a cleaner in there every turnover, short stay guests always let you know when something isn't working, etc) but didn't want to hassle with worrying about a percentage of income/management, etc.
Daniel Chen
Section 179 Question for rental business
4 January 2025 | 11 replies
With 179 you are going to be limited based on your percentage of business use with the vehicle (so still need to track mileage), and if you go under 50% business use you can end up with a recapture of your prior 179 deduction - income with no related cash flow is always a bit uncomfortable!