John Hui
Deal Numbers Optimization
29 June 2015 | 0 replies
Any tips would be greatly appreciated, as I am a complete newbie.11623 Candle Ct Henrico VA #1516458Total Cash NeededBy Borrower:$32,400.00 Monthly Income:$1,250.00Monthly Expenses:$780.12Monthly Cashflow:$469.88Pro Forma Cap Rate:9.30%NOI:$10,600.00Total Cash Needed:$32,400.00Cash on Cash ROI:17.40%Purchase Cap Rate:10.39%2720 Old Point Dr, Henrico VA #1513690Total Cash NeededBy Borrower:$24,500.00 Monthly Income:$1,300.00Monthly Expenses:$946.68Monthly Cashflow:$353.32Pro Forma Cap Rate:8.48%NOI:$9,712.00Total Cash Needed:$24,500.00Cash on Cash ROI:17.31%Purchase Cap Rate:8.63%
Nick Ferguson
Diversifying to Short Term Rentals - Pros/Cons/Questions
22 October 2021 | 6 replies
Most banks won't qualify a home on STR and if they do you'll be getting waxed with points/rate.
Grant Anderson
Eager to begin, and so many choices and fear! An intro:
12 November 2021 | 3 replies
I enjoy my job plenty, but it doesn't hold a candle to my dreams of more time with my future family and freedom to pursue entrepreneurship without working for basic living expenses.
Peter Morgan
Is it a bad idea to continue advertise for rent on sale?
3 July 2021 | 3 replies
I really don't like Landlords that try to burn their candle on both ends.
Chris Mullinax
Renting to Pet Owners 🐕
22 July 2021 | 10 replies
I never noticed it while they were there as they always had candles burning.
Chris Mullinax
Renting to Millennials 🏡🙋♂️
31 August 2021 | 9 replies
Zoomers are up to age 25 and they are another ball of wax altogether.
Mike Schorah
How do you avoid getting taken advantage of by a mentor?
8 September 2021 | 1 reply
He had Daniel-son waxing the car, painting the fence, sanding the deck.
Genny Li
I just had a tenant ask about changing a burnt-out light bulb...
16 September 2021 | 55 replies
Very likely, what it really needed was just a new 2 dollar wax ring.
Dominick Galinis
This or that? Need help with options
24 September 2021 | 12 replies
Not Saying you’re wrong, but just a newbie trying to learn lolImagine trying to build everything in a house from scratch and doing so in the right order on budget and on time your first time....when you haven't even replaced a wax seal yet on a toilet.