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8 February 2025 | 4 replies
For Example: All Blue houses make more money.Lots of times, I tell people not to trust me, since my topics can be vetted, plus I don't know their personal situations.Just surprised that people on the Forum don't have more Podcast visits referenced in their bylines.
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15 February 2025 | 15 replies
Quote from @Tyler Garza: Deal :Duplex Home2 beds / unit2 baths / unit3,000 sqftAsking 300k60k downEst rent/yr - 31,2005% Vacancy20% Op ExpenseMortgage 240k assuming 7%Results: CF - 6,600Cocr - 11%Cap - 8%Looking at this for a buy and hold and trying to determine if I am analyzing this right@Tyler Garza I can get to your COC of 11% and cap rate of 8%, but since I don't know your loan payment or amort, I'm not sure how you got to CF of $6,600 - I'm getting arond $4,600.And a couple of things jump out at me with your assumptions versus most of my CFO clients: 1) a 5% vacancy rate and 20% Op exp margin seem a little low, 2) an LTV of 80% LTV (with a 7% interest rate) seems high unless you're house hacking, 3) Depending on the location of the property, the $1,300/month/unit rent may be low.
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4 February 2025 | 7 replies
Divorce - its easier if the house is in the divorce decree otherwise you need to play mediator between parties to come to an agreement.
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10 February 2025 | 24 replies
This is partly due to the fact that the sec8 housing authority I usually work with is "tougher", but they compensate proper.
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5 February 2025 | 13 replies
on a 100 year old house that rents for $1000 a month that's about to need a new everything - that is spectacularly deficient.
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9 January 2025 | 15 replies
It will depend on Lender if they take Rents from Appraisal (1025) or Rents from your existing Tenants.
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28 January 2025 | 4 replies
Just bought 3 houses last week from a builder.