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21 February 2025 | 3 replies
During this time you are not generating any return from the money invested in the ADU.
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2 February 2025 | 1 reply
Is AI taking over human-generated content for things like sales pages, emails, landing pages, and website copy, or is the future a blend of AI and human expertise working together?
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21 February 2025 | 7 replies
I’ve been investing in Detroit for years and built a 12-door portfolio that generates $16,000/month in gross rents.
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13 February 2025 | 12 replies
Potentially even visa versa since putting a few short term rentals would immediately generate some income and then sell off the parcels either with or without an income producing rental already in place.
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3 February 2025 | 1 reply
Generate a comp set in Pricelabs and you can go into finer details on what others are charging.
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7 February 2025 | 5 replies
However, they approach financial health from different angles.The 50% Rule is a quick estimate that suggests operating expenses (excluding mortgage principal and interest) will roughly equal 50% of the property's gross income.The DSCR is a more precise calculation (Net Operating Income / Total Debt Service) that determines if a property generates enough income to cover its debt obligations.Deal example:- Class C middle class neighborhood- 4bd / 2ba single family house- ARV: 190k- Purchase: 105k- Rehab: 35k- Market rent: $1,400-1,525- Section 8: $1,475- Property manager: 10%- Taxes: 125 month- Insurance $1250 yr- HOA: $55 month- purchased and rehabbed with all cash.
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3 February 2025 | 15 replies
DSCR (Debt Service Coverage Ratio) loans generally focus on the property's ability to generate enough rental income to cover the debt payment.
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3 February 2025 | 4 replies
Or we gradually perform high-quality updates for a live-in flip, then roll the equity into a new home.Regarding rental income, we aim to boost income, lower our effective tax rate by generating more low tax-drag income with rental income (since there’s not much we can do to lower out W2 tax bills) and have retirement cash flow.To compare the financial impact over 10-20 years, we want to analyze renting versus flipping.
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6 February 2025 | 2 replies
A potential goldmine for those seeking to increase property value and generate rental income.However, navigating this opportunity requires strategic planning.
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18 January 2025 | 16 replies
I've also had guests buy their own TP and trash bags and leave the extra.As for toiletries, I leave the traditional "Starter Set" of shampoo, a little bar soap, conditioner, and lotion (the tiny hotel bottles).