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Results (10,000+)
Caleb Raymaker Bay City, MI: Hidden Gem for Real Estate Investors? Let's Crunch the Numbers!
12 September 2024 | 6 replies
Impressive Rent-to-Price Ratios: Average rents for 3-bed homes are about $800-$900/month, potentially yielding 12-15% gross returns.Economic Transition: While historically industrial, Bay City is diversifying into healthcare, education, and service sectors.Revitalization Efforts: Downtown redevelopment and community initiatives are breathing new life into the city.Strong Cash Flow Potential: Low property taxes and insurance costs contribute to robust monthly cash flows.Let's crunch some numbers on a hypothetical deal:Purchase Price: $75,000Down Payment (20%): $15,000Mortgage (4.5% interest, 30-year fixed): $304/monthProperty Tax: $100/monthInsurance: $60/monthEstimated Repairs/CapEx: $100/monthProperty Management (10%): $85/monthTotal Monthly Expenses: $649Potential Rent: $850/monthEstimated Monthly Cash Flow: $201Cash-on-Cash Return: About 16.08% (not including appreciation or tax benefits)These are rough estimates, and individual properties will vary.
Kathy Creighton-Smith How to make the decision to take appreciation versus cash flow?
10 September 2024 | 10 replies
You should take advantage of the personal residence tax benefits.
Brett Sorrell Old shed on duplex property
11 September 2024 | 3 replies
These options would still keep your costs down while offering practical benefits that could attract a larger demographic of renters.Starting with one of these simpler conversions also gives you the flexibility to explore more ambitious plans down the road once you have a better understanding of the property's potential and your own budget constraints.Hope this helps clarify the options.
Abraham Berkowitz How could I avoid paying a lot of tax on capital gains through a fix & flip?
10 September 2024 | 7 replies
 Flic and Flips don’t typically qualify for 1031 exchange tax benefits
Anna Doumkina Looking to buy a 5-10 properties but need to find financing
13 September 2024 | 35 replies
We’ve recently launched a new funding program with preferred terms and would love to discuss how it could benefit you.
Angela Wu First time out of state investor, interested in Cincinnati OH, open to other thoughts
12 September 2024 | 9 replies
This is what me and my team specialize in.The benefit to this is you're generally forcing some value to create equity.
Jenni Utz How DSCR Loans Can You Invest in Real Estate
10 September 2024 | 0 replies
Ideal for Scaling Your Real Estate PortfolioOne of the biggest benefits of DSCR loans is the ability to scale your real estate investments.
Aspen Lenzen Has anyone had success selling a functioning AirBnB?
11 September 2024 | 6 replies
If it is performing well, the buyer pays fair market value for the home and enjoys the benefit of some future income with rentals you already have booked. 
James Carlson Can we stop with the ChatGPT responses?
12 September 2024 | 23 replies
The issue is advertising revenue and face time. it’s not in an advertising model benefit  to limit in mass posts.  
Mike G. What CRM software do you think is the best
10 September 2024 | 23 replies
Anyone who is actively marketing and doing deals can benefit from a CRM system.