
1 February 2025 | 23 replies
I would love a calculator that could help me make better decisions but not sure that exists.

28 February 2025 | 65 replies
The daily interest is then calculated on this remaining balance.People often ask, what if I write a check and the AIO just swept over all my funds and I have zero balance in there, what happens ?

31 January 2025 | 42 replies
Plenty of calculators out there for free and forums/groups on social media.

10 February 2025 | 16 replies
Deduct NEW property taxes after you buyDeduct home insurance costsDeduct maintenance percentage, typically 10%Deduct vacancy+tenant nonperformance percentage(we recommend 5% for Class A, 10% Class B, 20% Class C, good luck with Class D)Deduct whatever dollar/percentage of cashflow you wantNow, what you have left over is the amount for debt service.Enter it into a mortgage calculator, with current interest rate for an investment property, to determine your maximum mortgage amount.Divide the mortgage amount by either 75% or 80%, depending on the required down payment percentage - this is your tentative price to offer.If the property needs repairs, you'll want to deduct 110%-120% of the estimated repairs from this amount.Be sure to also research the ARV and make sure it's 10-20% higher than your tentative purchase price.As long as the ARV checks out, this is the purchase price to offer.It is probably significantly below the asking price.

30 January 2025 | 5 replies
View report*This link comes directly from our calculators, based on information input by the member who posted.

8 February 2025 | 12 replies
Since interest rates are now higher than the mortgage on your current home, you'll want to calculate that monthly difference.SIMPLIFIED Example: current house mortgage interest rate is 3%, balance $250k.

1 February 2025 | 7 replies
Most lenders I've worked with will use the lesser of the current rents or market rents reported by the appraiser when calculating your debt service coverage ratio.

13 February 2025 | 14 replies
Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

30 January 2025 | 10 replies
This is the form that would be used: https://content.enactmi.com/documents/calculators/Form1038.C...

29 January 2025 | 7 replies
Paul has started at least 3 separate threads in the past few days announcing to the world the success he's having with section 8 rentals and repeatedly reminds us he doesn't have a clue how to calculate the true operational costs associated with these properties.