15 September 2021 | 20 replies
.$3600 per month - property taxes - utilities - trash removal - property insurance - rehab costs - vacancy rate - cleaning and maintenance when tenants move - property management costs - accounting costs, etc and if you pay cash for everything you will still probably come out okay, but if you pay $54,000 plus $150k cash for rehab + all other costs the big question is; can you invest your $200k into a more-profitable property vs. spending very good cash on something that almost appears to be a huge dinosaur you will need to clothe, feed and he will eat you out of your own house.We need to see all the numbers and stretch them out like in the chart below.The following chart is what I am guessing your numbers will look like.
16 September 2021 | 3 replies
Everyone knew what the deal was but we had to just eat it.

2 June 2022 | 35 replies
plus i don't like the idea of all my eggs in one basketd) i could hire a property manager but they really eat up the ROI and i still have to pay for the materials and subcontractors they hire to fix things anyway.current plan / train of thought:so my current plan is to sell my properties during 2022, use a 1031 exchange and invest in DST (Delaware Statutory Trust) that specialize in multifamily properties preferably in states without state income taxes.
15 October 2021 | 7 replies
Driving your car on the freeway, eating at a restaurant, spending too much time in the sun, etc.

25 September 2021 | 8 replies
It eats into my cash flow but you make so much cashflow you don't mind it.

7 October 2021 | 28 replies
I would keep it on the market, possibly with a price reduction, eat the oct 1 cost increase and work on a new mortgage....
18 October 2021 | 8 replies
And even if you can, the stress and time commitment can eat you up.

3 October 2021 | 15 replies
I understand that the wealthy may want to “trap’ low income people in their city where all they can afford to do is eat/sleep/work.

15 October 2021 | 80 replies
Rentometer is saying $1350, Zillow is saying $1400, and you are saying $1495 after originally listing at $1550.The house isn't bad by any means, but people eat with their eyes.

25 September 2021 | 6 replies
I assume this referral is going to eat into their commission and not the brokers split?