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14 January 2025 | 3 replies
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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10 February 2025 | 16 replies
I paid tax on it and mowed it about every 5 years so maybe put 10k into over the years.. deductive reasoning suggested city does not build and full blown interchange to go to nowhere.
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12 January 2025 | 20 replies
I'd only add to get a professional inspection done with a very thorough team.
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24 January 2025 | 17 replies
Note the property tax will be -10% on the rent by itself.Month 0 to 24: $2450 * 0.5 - $1573 =-$348/monthMonth 24 to 60: $2450 * 0.5 - $1541 =-$316/monthNext issue is due to the low leverage starting at month 24, the ROI takes a beating.
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12 January 2025 | 12 replies
We have the full gambit from 1) finding and buying the right property in the right locations to 2) professional execution of the design to 3) discounted property management services.
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14 January 2025 | 18 replies
During escrow converted it to a Roth and paid the taxes.
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8 January 2025 | 8 replies
Readers should seek professional advice.
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14 January 2025 | 2 replies
But still, I think it's a bit too high.Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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21 January 2025 | 35 replies
Especially if you market your work as a professional and charge accordingly.
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23 January 2025 | 15 replies
I'll save you the details but...Per door cost: $63,300All in Cost: 700kTotal Revenue: 137k(ish) annuallyNOI: 65-73% (in the expenses we included: insurance, taxes, $75/month per door repair expense, management fee 8%, grass cutting, & a misc fund for random crap business license, etc.)Now...