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20 March 2024 | 6 replies
Is there anyone who has experience leasing to a compounding pharmacy?
22 March 2024 | 3 replies
The real estate contract will be a 30 year amortization aat 8% interest, compounding monthly, with a balloon at the end of year five.Stay with me--this gets interesting...
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21 March 2024 | 28 replies
It contains the enzymes that, in nature, break down the compounds in the urine, feces, etc.
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21 March 2024 | 9 replies
This is based on the true value of what the cash/cost in the property (DP, Cash Flow and equity) is buying in property value.This is an example of the compounding effect Albert Einstein referred to as "the greatest invention of the 20th century".
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21 March 2024 | 0 replies
Over the span of 5 years you will have paid $77,220 towards rent.However, you're $22,500 downpayment invested into the S&P index fund at our assumed rate of 10.13% compounded annually will be worth $36,236.48Leaving you a net living cost of $36,236.48 - $77,200 = ($40,963.52)Overall numbers after 5 years of house hacking:Expenses include: Principal, Interest, Taxes, Insurance, Repairs/Maintenance, and Private Mortgage Insurance.You will have paid $164,239.76 towards your principal and interestYou will have paid an estimated $20,914 in property taxes and insuranceYou will have paid $5,400 in private mortgage insuranceYou will have paid an estimated $10,859 towards repairs and maintenanceFor a total expense of: $164,239.76 + $20,914 + $5,400 + $10,859 = $201,412.76However, here are the positives to your net worth: Appreciation, Loan Paydown, Rent payments from TenantsYou're home will have appreciated to an estimated value of 560,7812 an increase of $110,782You will have paid down your loan by $26,742Your tenants will have paid $154,439 in total rentThe total benefits add up to: $110,781.87 + $26,742 + $154,439 = $291,962.87House Hacking net worth boosters minus expenses = $291,962.87 - $201,412.76 = $90,550.11(The home equity for year five is calculated using the downpayment + appreciation + loan paydown)House Hacking Vs RentingHouse Hacking net worth after 5 years: $90,550.11Renting net worth after 5 years: ($40,963.52)Leaving you a net worth benefit of $90,550.11 - ($40,963.52) = $131,513.63Here is a screenshot from our calculator on the difference in monthly payments between Renting vs House HackingThe winner is clear.
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20 March 2024 | 4 replies
Where it comes into play here is the older buildings with asbestos pipe insulation, or asbestos in joint compound and window caulking.
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19 March 2024 | 2 replies
After ten years compounding at 5% that amount would be worth $1,348,602, which would really be $1,256,344 after accounting for LTCG @ 15% (1,348,602-733,500 * .15).Final amount for condo conversion: $1,256,344Pros: After money is reinvested, passive incomeCons: Taxed twice, once on sale, once when investments are sold, no real control over money once investedScenario 2: 10 year holdI pasted my numbers at the bottom of this post so it's easier to see, but my thought process was as follows:1) Calculate value based on reasonable appreciation trends, plus cash flow.
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19 March 2024 | 5 replies
The seller’s of a $4 million 10 acre compound needed $2 million by Friday to pay off their mortgage or they’d lose the property to foreclosure.
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18 March 2024 | 15 replies
I can compound this in the stock market quickly with index funds.
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18 March 2024 | 10 replies
And most importantly you'll be able to execute without losing the compounding effect of keeping your profit safe from tax.