Account Closed
Adding a few storage units to small multifamily
31 August 2018 | 3 replies
And storage is pretty popular.
Stephen Kuntz
RTO property fulfillment rates
8 June 2018 | 9 replies
My concern is that the business having such a low % of tenants that complete the process that it seems as though a good part of the reason that RTO / Lease option is so popular is that the failure rate is what is driving profits.
Jesse Smith
Measuring Electric Usage for Specific Circuits?
4 June 2018 | 1 reply
The most popular seem to be ones that attach around the wires on the circuit breaker, allowing me to isolate the usage to circuits within each rental unit.
Eric Schwake
Thinking about rental properties using Self Directed IRA.
5 June 2018 | 27 replies
It seems this is becoming more popular.
Account Closed
Would you buy a painted vinyl house?
3 June 2018 | 9 replies
SOmeone suggested it was probably a popular ugly grey color popular in the 90s...
Account Closed
Appreciation vs. cash flow
7 June 2018 | 29 replies
Account Closed This was a popular strategy before the crash in 2008.
Hunter Ambos
Wholesaling vs Flipping
18 February 2018 | 7 replies
Flipping is one of the riskiest paths in real estate but the most popular because it's sexy and gets the spotlight.
Christine H.
First MF purchase has negative cash flow
20 February 2018 | 19 replies
It's a 2-unit property with below-market rents in a popular rental area.
Curtis Wortham
BRRR in Philadelphia
20 February 2018 | 5 replies
I’m currently seeking more information and advice for the Popular “BRRR” strategy.
Lala Weiss
Running the numbers as a newbie, Cap ex, COC, NOI oh my!
6 March 2018 | 19 replies
My criteria for buying are at least a 10% CoC return, and $100/month or more in net cash flow PER door (hopefully closer to $200/door).List Price: $179,900Down Payment: $44,975 (25% down, assuming I buy at list price)Repair Estimate: $5,000Closing Costs: $2,500TOTAL CASH IN: $52,475Loan Amount: $134,925Loan Terms: 5.25% fixed rate, 30-year mortgageMonthly P&I: $745Monthly Rents: $2,000 ($1,000 per side)Vacancy Loss: $100/month (I estimate 5 - 8% on multi-family properties, depending on how popular the area is).TOTAL MONTHLY INCOME: $1,900 ($2,000 - $100 in vacancy)Taxes: $154/month (you can usually find the actual tax amount paid for the previous year on your city's website)Insurance: $100/month (ask other investors in your area what they pay, or for recommended agents who can give you quotes)Water/Trash: $80/month (this is typically paid by the landlord in my area)Sewer: $50/month (also typically paid by the landlord in my area)Lawn/Exterior Maintenance: $75/month (my property management company offers this service)Maintenance: $100/month (people budget anywhere from 2 - 10% for this... if it's a well updated and maintained property in an area that attract responsible tenants, I budget on the low side)Property Management: $100/month (usually 8 - 10%, but you can find PM companies that do it for less... just make sure they're good at what they do!).