
22 May 2024 | 1 reply
Properties that prioritize energy efficiency, environmental impact, and health and wellness features are becoming increasingly attractive.Key Takeaways:Retrofit existing properties with green technologies to reduce operational costs and attract eco-conscious tenants.Incorporate sustainability and wellness features in new developments.Flexibility and AdaptabilityThe future of CRE demands flexibility.

22 May 2024 | 9 replies
This, of course, is not what the attorney wants, as he wants to reduce the number of creditors at issue so that his client can exit bankruptcy with no debts or keep some assets.

22 May 2024 | 10 replies
That high down payment of $100,000 also helps reduce the risk quite a bit since it gives you a good chunk of cash right away and reduces the loan amount your buyer needs.To get a clearer picture of your return on investment (ROI) and your annualized ROI (CAGR), let's break it down step-by-step.### Initial Calculations- **Initial investment:** You bought the house for $235,000.- **Sales price:** $315,000.- **Down payment received:** $100,000.### Loan Details (After Down Payment)- **Amount financed:** Sales price - down payment = $315,000 - $100,000 = $215,000.- **Monthly payment from buyer:** $1,394.49.- **Loan term:** 30 years (360 months).### Calculating Total Returns- **Total payments received over 30 years:** $1,394.49 x 360 = $501,816.40.- **Total amount received (including down payment):** $501,816.40 + $100,000 = $601,816.40.### Calculating ROI- **Total profit (not accounting for costs like maintenance, taxes, etc.):** Total amount received - initial investment = $601,816.40 - $235,000 = $366,816.40.- **ROI over 30 years:** ($366,816.40 / $235,000) x 100 = 156.09%.### Calculating Annualized ROI (CAGR)The formula for CAGR (Compound Annual Growth Rate) is:\[ CAGR = \left(\frac{Final\ Value}{Initial\ Value}\right)^{\frac{1}{Number\ of\ Years}} - 1 \]In your case:\[ CAGR = \left(\frac{\$601,816.40}{\$235,000}\right)^{\frac{1}{30}} - 1 \]Let's calculate this:\[ CAGR = \left(\frac{601816.40}{235000}\right)^{\frac{1}{30}} - 1 \]\[ CAGR = (2.56)^{\frac{1}{30}} - 1 \]\[ CAGR \approx 1.0303 - 1 \]\[ CAGR \approx 0.0303 \text{ or } 3.03\% \]This means your annualized return is about 3.03% each year over 30 years.

21 May 2024 | 15 replies
The sellers have already reduced the prices, but they're still higher than the estimates on Zillow.

23 May 2024 | 52 replies
Saves the buyers money because they would not have to pay for an inspection and reduces surprises.

21 May 2024 | 4 replies
A seller credit reduces your cap gains... or having the amount in escrow shows your commitment to the improvement.Others might have better ideas.

21 May 2024 | 1 reply
They are more likely to seek out properties with green certifications, solar panels, energy-efficient appliances, and smart home technology that reduces energy consumption and minimizes environmental impact.Preference for Flexible and Multifunctional Spaces: With the rise of remote work and flexible lifestyles, Millennials are redefining the concept of home space.

21 May 2024 | 11 replies
As the parcel came in auction and price was reduced from 100K to around 50K

21 May 2024 | 0 replies
Just be aware that it could reduce the policy's death benefit if not repaid.Funding a down payment might seem daunting, but with a bit of creativity and resourcefulness, it’s entirely doable.

20 May 2024 | 0 replies
House hack with no cash flow but drastically reduced out of pocket.