
8 July 2024 | 20 replies
I also have a monthly tracker for that breaks down our NOI for the previous 12 months per property so that I can get a feel for how each property is performing.

10 July 2024 | 12 replies
I'd get out of existing and break into new construction. if you want to come down to miami I can help you here to haha

9 July 2024 | 17 replies
I calculated the LVL beam to be 55 in^4.As a whole, you may see the aluminum beams bending/deflecting more with the wind, but I doubt they will break.

8 July 2024 | 3 replies
The others are trying hard but really just part of the experience- varying from losing money, breaking even or a small positive cash flow.

8 July 2024 | 12 replies
Do they break it down by market?

8 July 2024 | 6 replies
What a cost segregation study does is it analyzes a property and breaks out the depreciable basis of the property to more than just building and land.It will try to identify assets that are eligible for 5, 7 or 15 year asset lifes which would be eligible for bonus depreciation.Whether a cost segregation study will help you depends on your tax situation.High level, it will help you in two situations1) Your rental property is active and you can offset the losses against other forms of income.2) You have a lot of passive income and you want to increase your passive losses to offset your passive income.Best of luck

8 July 2024 | 11 replies
Because of the increased rent from having 3/2 vs 3/1 of $800 per month with added rehab cost of $25k, my break even is 2.6 years.

8 July 2024 | 18 replies
Numbers in FL are not looking great with insurance/taxes/HOA fees/etc for cash flow but willing to focus more on just breaking even (or close to even) and having significant long term appreciation.Option 2: take the cash, pay 20% long term capital gains and wait as market continues to dip for a prime buying opportunity.Would greatly appreciate insight/advice from those much more experienced and knowledgeable than myself.

8 July 2024 | 9 replies
Wall Street thought we were going to get six- eight rate reductions this year we’ve seen none so far and stagflation is setting in , the Fed is trapped , if they reduce rates now , inflation could catch on fire if they increase them again too much something in the economy will break I think we’re in this holding pattern for one to two years personally, I don’t claim to be a macro economic expert, but I do study it quite a bit and I’m not counting on or expecting rates to come down anytime soon and even if they do, they’ll just be small quarter-point rate hikes not enough to make a huge difference in cashflow, so ..I either hold and if they do decrease rates, there will probably be another asset inflation bubble, which will increase my appreciation, or my cell and deploy the capital more wisely and look for some market softening and buy a good deal

12 July 2024 | 155 replies
We link everything in the spreadsheet so if anything breaks or needs replacing, we can reference that sheet and buy the same item.