
26 April 2024 | 21 replies
Your rent avoidance is $100/month, $1,200/year, and $6,000 over 5 years.Taking these four factors into account let’s calculate your net worth ROI for house hacking.Your net worth ROI calculation over 5 years would look something like this:Appreciation: $108,280Loan Paydown: $31,807Tax Benefits: $0 (b/c you aren’t cash flowing)Rent Avoidance: $6,000Total Net Worth Increase: $146,087To calculate your net worth ROI over 5 years, you would divide your total net worth increase by your initial investment (your down payment of 5% or $25,000). $146,087/$25,000=584% This is an incredible return on investment.

25 April 2024 | 4 replies
It takes in account just about everything to give you a livability score.https://www.areavibes.com/Here is my rating & classification for each livability score.80 and above A+78/79 A76/77 A-74/75 B+72/73 B70/71 B-68/69 C+66/67 C64/65 C-60/63 D59 and below F

27 April 2024 | 21 replies
that's what Nick B said he paid to go... so I was using that as my info..I personally have never heard of this company..

25 April 2024 | 7 replies
I'm trying to figure out if I want to:A) first focus on buying several rentals that could support me (through rent) as I also navigate my other interests, or B) sell my property for around the ARV and grow my equity as I keep flipping houses until I decide to for example, buy apartment complexes.My current real estate goals are to one day own apartment complexes with many units rather than many houses with smaller units.

25 April 2024 | 8 replies
For many of the deals that I'm seeing cash flow right now, they are negotiating seller credits and then I'll use those to buy down the rate that gets the investor the returns he/she needs.Personally, we just found a B property in B/C area and that cash flows nicely.

26 April 2024 | 8 replies
Here's how I do my due diligence:1) Portfolio matching: (takes 30 seconds per deal)a) Have an educated opinion on where I think we are in the real estate cycles (financial and physical market cycles)b) Then and only then do I pick the strategies, capital stack, and specialized asset subclasses that make sense for that opinion.

25 April 2024 | 1 reply
Purchase price: $241,000This is a 3/3 duplex located in a B/C neighbourhood in Buffalo, NY.

25 April 2024 | 16 replies
If you're looking OOS I would recommend Class A or B.

24 April 2024 | 2 replies
Here is the detailed information:A condominium was purchased by Person A on 11/01/1986 for $52,700.On 11/7/2015, a real property was quit claim deeded by Person A to Person B as a joint tenant with rights of survivorship and Person C as a joint tenant with rights of survivorship.On 11/17/2020 person A died.On 01/17/2023 person B died.Person C (myself) will be selling the real property.I need to determine what capital gains I owe on interests I held and then the additional stepped up interests I acquired through survivorship.My analysis is as follows:The timeline for ownership interests is:11/01/1986 Person A 100%11/7/2015 Person A 33.33%, Person B 33.33%, Person C 33.33%11/17/2020 Person B 50% & Person C 50%01/17/2023 Person C 100% The tax implications are:1.

26 April 2024 | 23 replies
Quote from @Karl B.: In the form of memes @james wise will teach you about Clayton and you will see the truth.