Michael Moya
Advice Needed: Loan Options for SFH under $120K
8 January 2025 | 5 replies
I only have enough funds for a 20-25% downpayment and was looking to do a DSCR loan to cover the rest.
Stacey Olson
Looking for a Stellar Property Manager in Cullman, AL
9 January 2025 | 4 replies
We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
Jack Larkin
Lee Arnold's Capital Syndicate
21 January 2025 | 74 replies
I've met Lee Arnold and he's a wonderful person and has a proven track record of success, which is why we sought him out to be a cover feature in Realty411.
Marc Zak
LLC Insurance and Taxation
31 January 2025 | 7 replies
If you're going the umbrella insurance route, perhaps see if it will cover you for several things including just the routine slip and fall (like mold or earthquake).
Danielle B.
Out-of-State - Ohio Section 8 Housing
29 January 2025 | 22 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
India H.
1st time REI ready to make first purchase!
16 January 2025 | 10 replies
This is the percentage of costs (purchase and rehab) covered by the loan.
Patrick G.
Calculation about cash on cash return
9 January 2025 | 5 replies
If I rent it out and the rent monthly payment let's say covers the mortgage and HOA, the cash on cash return will be $40K(appreciation)/($ 42K (Down payment) = 95% and it will be 1.95 to find the cubit root and it is about 25% yearly return on my initial investment.
Erick Pena
Advice Needed: Identifying "Good Deals" in Real Estate Investing
20 January 2025 | 14 replies
Quote from @Erick Pena: A "good" rental property is one that covers all expenses (mortgage, taxes, insurance, maintenance, property management fees, and any other costs) and still leave a surplus (commonly referred to as cash flow).Calculate cash flow as: Cash Flow = Rental Income − Operating Expenses − DebtThere's much more to it, but that's the basic idea.
LaTonya Clark
Lender- 40 year loans
20 January 2025 | 31 replies
I have started looking for another insurance quote, hard to find one that covers multi family.
Julie Muse
Outlook St: Quick Flip Success in Mission, KS!
13 January 2025 | 1 reply
Partner Driven covered 100% of the financing, including the $220,000 purchase price.