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12 January 2025 | 12 replies
Principal Paydown: $2,441 Total Gain: $58,317 ROI: 360.32% (on $16,185 upfront investment: 3.5% down payment of $8,715 + 3% closing costs of $7,470).Year 2 Analysis Cash Flow: -$752 Home Appreciation: $6,120 Principal Paydown: $2,617 Total Gain: $7,985 ROI: 49.34%.Year 3 Analysis Cash Flow: -$375 Home Appreciation: $6,242 Principal Paydown: $2,806 Total Gain: $8,674 ROI: 53.59%.Year 4 Analysis Cash Flow: $9 Home Appreciation: $6,367 Principal Paydown: $3,009 Total Gain: $9,386 ROI: 57.99%.Based on these numbers, you’d have negative cash flow for the first three years and only break even in Year 4, assuming a 2.5% annual rent increase.Adjusted Scenario see second picture: Landlord Covers Gas and WaterIn the second scenario, I assumed the landlord would pay for gas and water at $300/month while maintaining the same 2% home appreciation rate.
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19 January 2025 | 9 replies
Yours turned out amazing (based on those pictures) at least.
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11 January 2025 | 11 replies
It will have 10 bedroom and 13 bathrooms.Here are some pictures.
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14 February 2025 | 161 replies
It just says "landlord" and shows a nasty picture..A while ago I got a call from a guy in Texas who was desperate, 3 of his 4 Milwaukee properties have been vacant, PM can't find a tenant for months, pictures look fine, makes no sense.
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13 January 2025 | 6 replies
Now IF you have all those bases covered, my tips are: Take GREAT pictures and for the love of all that is holly please no close ups, wide angel pics.
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17 February 2025 | 71 replies
I always need to remind myself about that, because I also (like many millenials) have a problem remembering what my bigger picture goals are, so I tend to want to sprint so that I don't forget and hence lose myself in the flywheel that is day-to-day living.
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4 February 2025 | 17 replies
I'm out of the picture now.
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24 January 2025 | 36 replies
And from what I understand, management was not happy with some of the employees dragging their feet on things like pictures, listings, etc haha.
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14 January 2025 | 18 replies
I've seen it briefly here & there but never done any research besides picture scrolling.How do you find it?
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21 February 2025 | 182 replies
However, B2RDirect hasn’t been provide any of pictures of real buildings yet.