Samuel Koekkoek
Buying vs. Renting in San Diego
7 October 2024 | 8 replies
Looking over the spreadsheet, it seems a little difficult to compare as it seems like it takes an apples to apples comparison where it assumes that if I did not buy a say, $1.5M multifamily, I would be paying 1% of that amount in rent if I kept renting.
Beck DeYoung
Facing Negative Cash Flow While House Hacking – Looking for Advice
10 October 2024 | 31 replies
Use that number as your comparison for what it would cost if you bought a multifamily rental.Second, mortgage rates are higher than they were (and more where they'd normally be, the last ~15 years had them artificially low) and house prices are higher, so don't look at what people did 10 years ago.
Victoria Taylor
New and Afraid!
4 October 2024 | 2 replies
Buying rentals for cash is VERY conservative and will take a long time to amass a decent portfolio.Leverage is how to grow your portfolio and wealth faster.Simple Comparison Example:1) Buy $100k property cash, it appreciates 5% in value annually => basically a 5% return on your investment ($5k/$100k).2) Buy $100k property with 20% down, mortgage rest.
Chida Truong
Pace Morby Mentorship
14 October 2024 | 420 replies
I dropped over $50k on one mentorship which pales in comparison to Pace's community with Subto.
Michael Fucillo
Feedback on Rentvine
7 October 2024 | 20 replies
I'm jumping on very late from the start of this forum and currently looking at RentVine and making some comparisons.
Lee L.
Stessa vs. Landlord Studio, vs Quickbooks.
7 October 2024 | 24 replies
Learn which version is right for you in this detailed QuickBooks Online plans comparison guide:- QuickBooks Online Simple Start: Have employees and issue invoices regularly- QuickBooks Online Essentials: Assign hours worked to customers, track bills due, and provide access for up to three users- QuickBooks Online Plus: Best for retailers, wholesalers, contractors, and other small businesses requiring property cost, inventory tracking, budgeting, and access for up to five users- QuickBooks Online Advanced: Best for small and midsize businesses (SMBs) seeking fixed asset accounting, advanced reporting, custom user permissions, a dedicated support manager, and access for up to 25 users You can use it as a property management software to track lease dates, record maintenance request and moreNothing is confusing to use if you learn it.
Emily Poerio
Short term rental's cash flow is not great, should I walk from the purchase agreement
11 October 2024 | 30 replies
Rabbu, Pricelabs, and Mashvisor are other good comparisons.
Greg Moore
Anyone moving their investments to Bitcoin?
7 October 2024 | 190 replies
Gold by comparison is truly supply constrained and has been accepted as a medium of exchange for centuries.
John P.
Seller Financing rates/terms for residential sale?
1 October 2024 | 6 replies
Monthly Payment AmountRent Comparison: If the property would rent for $1,500 per month, you may want to structure the financing so that the monthly payment is similar to or slightly below this amount.Example: A $180,000 loan (after 10% down) at 8% interest on a 30-year amortization would result in a monthly principal and interest payment of about $1,320, which is close to the rental value and should be appealing to buyers.5.
Joseph Scorese
Brand Awareness vs Lead Generation in the Real Estate Industry
29 September 2024 | 0 replies
Here's a comparison of the two:1.