Paige Seeley
Funding for a portion of a down payment
15 January 2025 | 6 replies
The triplex is occupied and currently bringing in positive cash flow.
Victor Yang
Taking a small loss to save on taxes?
19 January 2025 | 7 replies
Right now, the best offers around me are for some 1.3-4 million, that only generated around 100k per year gross, so there would be a high chance of not cash flowing, and paying money, especially with a commercial loan (these buildings have more than 4 units).I was thinking that although the rental itself does not generate money, I would be able to deduct the mortgage interest, and depreciation from my personal w2 income and would be net positive.
Kody Glithero
Future Real Estate Plans Help!
16 January 2025 | 6 replies
And start from a position of strength rather than getting into a property right before you go back to finish up school and have no income for a year.
Ryan Poulter
Contractors needing a hand
18 January 2025 | 1 reply
Those positions are hard to come by but if you can find one and get your green card, you're set!
Makani Donaldson
What is considered a good cash flow?
21 January 2025 | 9 replies
In my opinion a number that is positive at the end of the year is "good cash flow."
Melissa Johnstone
First home buying experience and with using my VA loan
7 January 2025 | 4 replies
Its always nice to hear positive things about local people.
Sino U.
Thoughts on Investing really close by international airport
15 January 2025 | 10 replies
It can be a positive for short term rentals (if in a good area) to be near the airport.
Kiley Costa
Pay Off STR or Invest in Another Property?
11 January 2025 | 9 replies
Either way, sounds like you’re in a good position.
Matt McNabb
Building Future Cashflow Portfolio
15 January 2025 | 14 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
Chris C.
Anyone have experience with Elite Funding Group LLC
10 January 2025 | 16 replies
their website says they do equipment financing no mention of real estate financing. ???