I’m sure there are 50 AC technicians on BP to give you a real estimate.

Hi everyone,I am a small STR investor and in the past few years I have been investing in both stocks and real estatewith COC returns of about 20% for the past 3 years.I am considering diversifying my portfolio with LTR and I know that returns there are going to be a lot smaller.So I was curious to know if there was a rough formula that could include mortgage paydown, tax advantages, and estimated appreciationto be able to compare apples with apples.I am only familiar with Cashflow, CoC, Cap Ex, and IRR.

Do their estimates match ur experience?

I got an estimate of nearly $2000 for part of 1 room.

You can find the tax district for the property youre buying on the 2023 tax record and then use that info on the county's tax estimator tool to figure our your new tax bill.

We each hold a 50% interest in the LLC.The values of each house are approximately the same, and there are no loans or outstanding debts.He wants to cash out so we thought a good strategy might be for us to sell one of the houses, and let him take all of the proceeds, and for me to take full ownership of the other one.Essentially, I am looking to swap my half interest in one of the houses for his half interest and the other one.

Seller Financing:Your original loan was $355,000, with a current balance of $310,000 at a fixed 3.5% APR for 30 years.Monthly payment on your original loan (assuming standard 30-year fixed terms) is approximately $1,593.Under seller financing, the buyer's monthly payment for a $400,000 loan at 4% interest (calculated as a 30-year loan but with a 5-year balloon payment) is approximately $1,909.Monthly Cash Flow Spread:The difference between your current mortgage payment ($1,593) and the buyer's payment to you ($1,909) is $316.

It helps accurately estimate the costs of purchasing, renovating, and selling a property, ensuring a clear understanding of potential returns.

If they push back on this or do not have clients could be a red flag.Lastly estimates can go up.

Then I get a written estimate for a local storage locker with a similar amount of square feet of storage because in my state the tenant must pay the reasonable costs of storage before taking possession of the personal property.It might take longer than 15 days because the notice may be the time they have to respond, but they may have an additional amount of time to pay.