Ryan DeRobertis
Considering first investment property in Puerto Rico
17 December 2024 | 13 replies
When those individuals are there for over half the year, it will bring prosperity to the island.4.
Marisela Arechiga
To ADU or to Purchase Another?
14 January 2025 | 8 replies
$200/month divides into the $100K initial negative equals 500 months to recover the initial negative equity.Let's double the cash flow to $400/month. 250 months to recover the initial negative equity so over 20 years.Let's reduce the negative equity position to $50K (which likely is less realistic than expecting $400/month cash flow at that rent point), you are at over 10 years to recover the initial equity position.Now let's do it with all cash, no financing.The 50% rule state $900/month cash flow. 900 * 12/200K = $5.4% or about half of lifetime return of S&P 500, or what can almost be achieved with a zero work, zero risk CD.I see no way that someone who understands the numbers will call this a good investment.Note just because an investment is better than most other investments in a market does not imply something is a good investment.
Peter Firehock
Alexandria City Virginia (Washington D.C. Suburb) Buy and Hold Investment Thesis
18 December 2024 | 3 replies
Due to past poor management of the environmental infrastructure, the river has become illegal to swim in in certain parts, and after rain falls the entire river is off limits to swim or fish in due to the heavy amounts of pollution ending up there that the city has not had the infrastructure to deal with in the past.But this all began to change in 2017, when the Virginia General Assembly passed the largest infrastructure project in Alexandria's history to make the Potomac River swimmable, and fishable by the year 2040, and they have made significant progress recently with the completion of the 2 mile long, 100-foot deep Waterfront Tunnel named Hazel.Named after environmental activist Hazel Johnson, the Hazel Waterfront Tunnel will prevent millions of gallons of combined sewage from polluting the region's waterways.
Matt Powers
Where to start investing in real estate?
15 January 2025 | 33 replies
The 3rd is north about a half hour in a decent small town, easier to deal with tenants and cash flow around 900 a month.
Heather McNicol
BNB Investor Academy - Reviews?
31 December 2024 | 76 replies
I think that's doable in the next month and half.
Shayan Sameer
Fix n Flip 70% rule
3 January 2025 | 45 replies
Stay with properties at or below median value within 1/2 mile maximum of the subject property.
Sarah Larbi
Costa Rica
11 January 2025 | 49 replies
They send me several emails a week on opportunities from Coco Beach in the north to about half hour south of Tamarindo in the south.
Heidi Kenefick
Organaizing finances- baselane vs Rentastic vs avail vs rentredi?
21 January 2025 | 40 replies
More than half are under property management, the rest I do on my own.
Max Nathan
Investing in a far away market
17 December 2024 | 12 replies
if you buy a random property 3000 miles away and have to hire out everything and overpay for everything you won't.
Henry Clark
Self Storage- Marketing- Customers 1 mile to ????
27 November 2024 | 15 replies
This is based on the address they give us on the contracts.The maps below are 1 mile, 2 mile, 5 mile, 10 mile, 50 mile.