Mark Sullivan
Add to the Portfolio or Swap
20 January 2025 | 12 replies
If Inflation goes up to say 8 to 10% at the end of 2025 and stays up for an extended period due to Feds printing cash, you will lose cash value if your rent escalators don't follow it.
Marc Shin
new STR just went live - how do i get reviews?
2 January 2025 | 13 replies
@Marc Shin ask every guest that stays with you for a 5 star review after their stay.
Eric Coats
Running STR #s for Newbie
29 January 2025 | 20 replies
It’s wise to start with breaking even and ensure you're comfortable with the costs involved.Happy to connect if you'd like to discuss more!
John Friendas
15 vs 30 Year Mortgage for Investor
23 January 2025 | 3 replies
I saw a lot of advice to do what feels comfortable but I feel like I want to find out which one will end with more net worth.
Travis Gutting
What is the best method for finding properties?
31 January 2025 | 10 replies
However, that one is in a rough part of town that I have been advised to stay away from.
Eddy Rios
How does Private Investing work?
27 January 2025 | 6 replies
Rates and expectations vary depending on the relationship and the investor's comfort with risk.
Luis Fajardo
Scott Bessent Confirmed as Treasury Secretary: What It Means for R.E Investors.
28 January 2025 | 1 reply
But my experience over the last 10 years of building new homes is that NOTHING comes down might stay the same but will rise almost annually Like Cement always goes up in Jan.
William Silva
Multi family (2-4) units. Getting started
30 January 2025 | 8 replies
If you stay in one market for multiple investments it may take you a bit to find this particular inspector.
Cody Caswell
Save Hours at Home Depot + Lowe's
25 January 2025 | 7 replies
It's easier for an investor to stay committed to the plan and avoid change orders than it is a regular homeowner.
Jeffrey Bourque
Found a Deal but Not Sure
27 January 2025 | 7 replies
Quote from @Jeffrey Bourque: Hello All, I am new and this is my first attempt at purchasing a property with the intent to create monthly cash flow.The property: Triplex Listed at $140,000 - Total monthly rent income $2,150 - Tenants want to stay and are all willing to sign new leases for 3 years - 8 beds 5 baths and 3,500sqft livable space on a 4,800sqft lot - Heat and electric paid by tenants and water trash paid by owner $180 month - I have managed to talk the selling price down to $105,000 with a kick of $10,000 for closing and commissions so $115,000 all in - Building is in fairly good shape according to pictures and questions but have not done a inspection yet - some general maintenance repairs are needed according to the seller but nothing that seems to bother the tenants. - Taxes are on the higher side at $6,000 yearMy Numbers: $115,000 putting 20% of my money $23,000 and finance the rest with total expense of $1,834Monthly expense numbers: Future Maintenance 13% $273 - Vacancy 5% $105 - Property Insurance 5% $105 - Property Taxes 23% $500 - Property management 10% $215 - Office/Travel/Legal 4% $84 - Mortgage 26% $552 - Monthly Cash Flow - $316 per month or $3,792 per year so Cash on Cash = 17%I think this looks like it is a deal worth doing and I also believe I can bump the total rent up by $50 each tenant which I think make it even better.