This gives me a total of 16 apartments now!

I have created a spreadsheet for quick analysis (with the 2% rule, 12% cash on cash, total ROI of 15% per year, etc) and have just been analyzing any Zillow deals that pop up.

It is amazing to hear that you are breaking the chains and doing something totally different than anyone around you - THAT IS NOT EASY - Kudos to you sir!

I am sure everyone has seen the damage from the hurricane . How do you think this will effect rental rates , home sales ,  construction costs , and insurance costs in Florida and up and down the coast  ?   There will ...

Run the Numbers: Focus on key metrics: Cash-on-Cash Return: Annual cash flow divided by the total cash invested.

@Sanil Subhash Chandra Bose I totally get where you’re coming from—local markets can be tough to find good deals.

Others are duplicative and require resources to confirm compliance with multiple regulators with overlapping jurisdictions.Further, the study noted that “[Three quarters (74.5%) of housing developers said they encountered “Not In My Backyard” (NIMBY) opposition to a proposed development, adding ~ 5.6% to total development costs and an additional 7.4 month delay.]”Wow.

We are renting the home as a Padsplit with a total of 5 beds and 2 baths.

These are expenses incurred before your business is active, and they typically aren’t immediately deductible in full, as they are considered part of starting the business rather than ongoing operational costs.To provide more detail, according to IRS rules (as seen in the screenshot), you can deduct the lesser of $5,000 or your total startup expenditures.

That totally makes sense, thank you for sharing your feelings on coaching!