Jonathan Small
50% Rule vs DSCR > which do you use to calculate a good rental
10 January 2025 | 3 replies
However, they approach financial health from different angles.The 50% Rule is a quick estimate that suggests operating expenses (excluding mortgage principal and interest) will roughly equal 50% of the property's gross income.The DSCR is a more precise calculation (Net Operating Income / Total Debt Service) that determines if a property generates enough income to cover its debt obligations.Deal example:- Class C middle class neighborhood- 4bd / 2ba single family house- ARV: 190k- Purchase: 105k- Rehab: 35k- Market rent: $1,400-1,525- Section 8: $1,475- Property manager: 10%- Taxes: 125 month- Insurance $1250 yr- HOA: $55 month- purchased and rehabbed with all cash.
Kayla M.
College Student and soon to be Active Duty Military hoping to learn and connect
9 January 2025 | 8 replies
.: Hello Health!
Jeremy Dugan
Apsiring RE Investor // Western, MA & Northern, CT
7 January 2025 | 5 replies
I'm an experienced project manager with hundreds of cradle-to-grave efforts under my belt, including building project scopes and budgets, evaluating contract proposals, and managing construction to maintain the delivery of high quality products on-time and in budget.Penny is a licensed clinical social worker (LCSW), serving the community mental health needs of parents, children and families.We both recognize we have an immense opportunity to serve our community and want to capitalize on the blessings we have been provided so that we can continue serving our neighbors.My wife, Penny, and I are looking to transition into commercial multi-family real estate in 2025.
George Red
KCMO Health Department & Healthy Homes Rental Inspection Program
12 December 2024 | 1 reply
I was informed by KCMO Health Department that landlords are supposed to be paying an annual fee to them and they conduct inspections of rental units in the city?
Josh Palmer
Lost and need help!?!?!?
13 January 2025 | 3 replies
As they are in their mod to late 70's and in declining health.
Michael Florkowski
Union Carpenter getting started in the world of real estate!
27 December 2024 | 8 replies
Charge more to traveling health professionals.
Diandre Pierce
I have 5 houses renting, what's next
12 January 2025 | 8 replies
Health insurance payments, Health savings account lots of options.
Ify (Bobby) Anizoba
Starting 2025 Strong
11 January 2025 | 2 replies
Real Estate, Wellness, and Community ImpactAs I move into 2025, I’m focused on deepening my faith and prioritizing wellness, mental health, self-control, and discipline.
Noah Laker
Opening a Sober Living Facility
12 January 2025 | 2 replies
As long as there is no "healthcare" being provided (medicine, baths, etc) then it's not regulated by the department of health.
Moshe Greenberg
Heavy metal contamination - remediated
14 December 2024 | 1 reply
If there is "still contamination" at any level, I would be concerned about that and pass on the deal no matter what.