
21 September 2024 | 71 replies
Likewise, the "Refinance" part of the equation doesn't assume you'll refinance 3 months or 6 months after you've finished fixing up the joint.

17 September 2024 | 8 replies
I've since learned that the DSCR maxes at 10 units but even those are rare so just take that out of any equation.

20 September 2024 | 114 replies
It seems unlikely that this will continue into perpetuity and let's say a more conservative estimate is 3% annually, which would equate to about $6K annually in appreciation.

14 September 2024 | 4 replies
I would like to know if the 11.02% answer is correct and if so how did they get it lol because like you said the rest of the IRR equations check out in the chapter.

16 September 2024 | 16 replies
That equates to a loan amount of 160,000 (85k + 75k).At closing the lender will wire into the escrow account 85k, you'll wire in your 15k plus closing costs.

21 September 2024 | 69 replies
@Matthew Irish-Jones I thought I had to reach precisely 30 sub $100K houses that meet the 1% rule which will equate to $250 in consistent cash flow each month per house.

17 September 2024 | 14 replies
Amenities, stay fees, wow factor, location, and unit price are only part of the equation.

17 September 2024 | 68 replies
*What does the average yearly appreciation equate to in dollar terms each month?

9 September 2024 | 21 replies
For him, this equated to $100 / hour working as a self-managing landlord and increased his ROI by 10%I'll say that again, it increased his ROI by 10%Good Luck :)

7 September 2024 | 12 replies
Also if he is just taking PITI into the equation, he is missing/withholding info about utility costs, stocking/supply costs, cleaning costs, etc.