
8 August 2024 | 4 replies
@Asim Ghani thank you for your comment.

12 August 2024 | 37 replies
I read the extra info you put in the comments about the state of the house.

8 August 2024 | 3 replies
I put some numbers below into this Rent or Sell calculator.https://www.narpm.org/members/resources/rent-vs-sell-calculator/ESTIMATES ON ROI (15 year time frame)at 5% Appreciation would profit $100K if SELL nowat 6% Appreciation would have $3,500K more if KEEP and sell after 15 yearsat 7% Appreciation would profit 122K if KEEP and sell after 15 years(Assuming a conservative 6% ROI on money invested from sale.)NOTE: The property appreciated 10% in the last year so I’m thinking 7% over the next 10-15 is reasonable.DETAILSSale Value: $520,000 (Best guess)Paid: $437,000Original Mortgage: $415,000Mortgage Balance: $380,000Interest: 3.375%Monthly mortgage: $2,899Mortgage Difference: $1064Annual Taxes, Insurance, HOA etc**: $20,345**$13,865 (Non Homestead tax) $4,680 (HOA) $1,800 (Landlord Insurance)Monthly Rental Charge $3,500*Appreciation 7%Years to Hold: 15More assumptions used in ROI Estimates Above90% occupancy,15% capital gains charge6% selling feeRate of return on gains if selling now instead 6%Annual maintenance 1%Annual rent increase 4%$3,500 is slightly aggressive. unlikely I could get more.Thanks in advance for any constructive thoughts and comments!!!!

8 August 2024 | 12 replies
Please comment on this post or message me directly if you're interested.Looking forward to connecting.

10 August 2024 | 23 replies
That is a great comment.

13 August 2024 | 69 replies
Only commenting on recent history here as I'm new to BiggerPockets.

9 August 2024 | 184 replies
The comment that "sellers are greedy" Is such a red flag for me.

7 August 2024 | 8 replies
I am interested what any experienced people have to say about how I can achieve my goal or any other comments/advice!

8 August 2024 | 22 replies
Short answer: Possibly June of this year for full passage.Long answer: The proposal is going to face some open house/public comment sessions.

10 August 2024 | 85 replies
Mind you, my comment was more about finding out about that affirmation that the USVI would be more profitable than Mexico because, if that was the case, I'd be interested in checking out the USVI market.