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4 February 2025 | 1 reply
If the bill is $100 a month split between four units, increase it to $120 and charge each tenant $30.How to calculate charges.
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16 February 2025 | 20 replies
My main Partner is Chase because gives the biggest limits great when it comes to building a relationship and getting BLOCs and other things also would recommend local credit unions biggest thing you always need to figure is the banks Cap of what they are willing to lend until they need everything Chase for example is 150k Citizen Bank if in area a great one for Blocs only require bank statements to calculate how much you can qualify for.
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15 February 2025 | 17 replies
To get started, define your investment strategy, run cash flow and ROI calculations, network with local investors, and explore financing options like DSCR loans or HELOCs.Good luck!
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12 February 2025 | 2 replies
Nevertheless, my question is the following: How do I run a proforma correctly so that from a distance I can run numbers and know I have an educated source calculated to make a deal happen and not fall through.
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6 February 2025 | 1 reply
The property tax savings are going to be in the ball park of 40-60%, but to be safe you should double your expected repairs budget when calculating the NOI.If you have any other questions, or want a more in-depth response, I would love to help!
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10 February 2025 | 1 reply
Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.
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17 February 2025 | 9 replies
In this case, since they are borrowing their payments, these would get added to the principal balance each month, and interest would be calculated on that.If, for example, the interest rate on the note were 10%, they would implicitly be borrowing their payments at that rate.
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14 February 2025 | 7 replies
Is the price calculated by the client alone, is the client taking the expert advise from the agent and doing all the homework?
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5 February 2025 | 16 replies
Market rate is $1100 on the same street for the same style, size, and age of house.The tenant has been there for 25 years and has also worked as a handyman for the landlord on various properties, so the current owner has asked me to keep him there for at least the next year before raising rents.Property taxes from 2023 are just north of $2000.Based on this Deal Calculator it should cashflow month 1.My questions:1.
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16 February 2025 | 44 replies
If that is the case, my ROI calculations should account for 25k of liens and I should place my bid accordingly?