
31 October 2024 | 17 replies
Though I'd totally be peeking to see what that party looked like.

31 October 2024 | 17 replies
Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

30 October 2024 | 4 replies
The total number of homeless individuals in the city of Phoenix dropped 1% this year, according to government figures.

27 October 2024 | 2 replies
I wanted to share the financials after 3 years, and demonstrate what three years of real estate investing can achiev3 Bed/1 Ba Single Family Pro-Forma:Year 1 (2021)Income:Rent: $1,200.00Expenses:Mortgage: $509.95Taxes: $119.10Insurance: $43.84Cap Ex: $60Repairs/Maintenance: $60Vacancy: $60Monthly Cashflow:$347.11/mo or $4,165.32/yrYear 3 (2024)Income:Rent: $1,300.00Additional Pet Rent: $75Expenses:Mortgage: $509.95Taxes: $155.43Insurance: $53.03Cap Ex: $68.75Repairs/Maintenance: $68.75Vacancy: $58.75Monthly Cashflow:$450/mo or $5,400/yr (Total/Not 50/50 %)Total Equity: $37,473.88-Principal Equity: $7,959.62I have learned a lot about the systems needed in place to run a rental property, and how important picking the right tenant is.

30 October 2024 | 18 replies
I know to search every night at midnight, because a lot of resorts get released in their system then.So total cost for a week is your maintenance deposit on your resort, then your membership into the trading company like RCI or II which is about $70 per year, the $219 exchange trade fee, and then if you have a guest stay at the resort you book and not yourself as the owner of the traded week, there is an additional $69 fee for the guest certificate to use the week as if they were you.

31 October 2024 | 24 replies
I moved away from home into a new area that had totally different views than people in my home town did.

28 October 2024 | 6 replies
Property 1 = 209k balance (349k value) 2.6% on a 20yr conventional Property 2 = 170k (218k value) 5.6% on a 30yr conventional(approximating on original post but total mortgage debt 380k)
30 October 2024 | 94 replies
I totally get wanting to scale fast and understand the excitement, but take it easy a bit dude and do what you can and give yourself some opportunity to learn before you lose everything you got!

28 October 2024 | 10 replies
Or how does the rehab work exactly (post closing or during and how does it factor into the total price at purchase, ie what you have to have in cash to get this done?)

29 October 2024 | 24 replies
For cap ex, vacancy, and maintenance, 5% each or 15% total would be pretty common amounts to budget.So, that means about 25% of your income rent will go to the PM, cap ex, vacancy, and maintenance.