
9 October 2024 | 2 replies
The inputs for the image in this screenshot are as follows:500k purchase price duplex.Rent each side for 2k/month (this is after you move out)5% down paymentClosing costs: 7k6.4% interest rateInsurance: $250/monthUtilities (paid by owner): $400/monthVacancy budgeting: 5% of monthly rentMaintenance budgeting: 8% of monthly rentCapEx budgeting: 7% of monthly rentEven though you are negative $312/month after budgeting for future expenses, your net worth ROI is massively positive.
10 October 2024 | 0 replies
Offer higher down payments to stand out from the competition.Counteroffer until you are sure the seller won’t budge on their position.

12 October 2024 | 54 replies
Hopefully they can figure out a way to combine the positives of Orlando and Cancun.

8 October 2024 | 1 reply
Hi All,I'm in a position where I am Mid-Construction on a new home build and need financing to complete the project.

11 October 2024 | 56 replies
Having a significant other definitely changes things, but for me it's been very positive :)

8 October 2024 | 3 replies
Racine has some strong issues that will take time to clean up even if Microsoft is a positive influence.

13 October 2024 | 54 replies
RUBs are not based on consumption, therefor tenants/residents lack positive reinforcement (lower overall rental expense) to conserve water or even report a cycling toilet.

8 October 2024 | 4 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

8 October 2024 | 4 replies
Based on your information, it may appear no2) The second question is whether the property will generate positive rental income over a 3-5 year period, after normal depreciation.If it is, and it is significant, it may be worthwhile to get a cost segregation.

8 October 2024 | 13 replies
The goal is all time positive cash flow, decent appreciation as LTR to buy and hold.