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4 February 2025 | 12 replies
I.e. say your plumber has a fixed $150 service call fee.
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28 January 2025 | 4 replies
Year 0: ($2,000 - $1,700) x (1 + 2%)^0 / (1 + 5%)^0 ≈ $300 in today’s buying power.Year 5: ($2,000 - $1,700) x (1 + 2%)^5 / (1 + 5%)^5 ≈ $260 in today’s buying power.Year 10: ($2,000 - $1,700) x (1 + 2%)^10 / (1 + 5%)^10 ≈ $225 in today’s buying power.Year 15: ($2,000 - $1,700) x (1 + 2%)^15 / (1 + 5%)^15 ≈ $194 in today’s buying power.So, if you purchase property in a city where rent increases at a slower pace than inflation, the amount of goods and services you can buy will decrease over time due to inflation.Here is what I recommend:Purchase in a city that possesses the following characteristics.Significant and sustained population growth.Rapid and sustained appreciationBalance negative cash flow, interest rate buydown, and increased down payment to create an acceptable cash flow situation today.Refinance when rates fall to increase cash flow.
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28 January 2025 | 3 replies
The math behind Real Estate is not that complicated, Revenue - expenses and debt service = cash flow.
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3 February 2025 | 9 replies
What you can do is let them know that you can no longer subsidize the tenant and that you're preparing to start the eviction process.You don't need an attorney to tell you that you are running a business - not a social services organization.
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31 January 2025 | 5 replies
What happens if the water service line has to be replaced?
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31 January 2025 | 27 replies
We only disagree on what is basically a customer service issue.
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17 January 2025 | 0 replies
My goal is to find off-market opportunities and present quality leads that fit the needs of active investors.Since I’m working remotely, I’d love to hear from experienced investors:What makes a remote bird-dogging service most valuable to you?
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22 January 2025 | 14 replies
Snow plowing is an emergency service , we are on call 24/7 for the entire winter , the prices you pay cover the salt that we stock , the prep for each storm , the desalting of the trucks , the overtime .
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19 January 2025 | 4 replies
We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.
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22 January 2025 | 14 replies
In addition to refinancing, DSCR loans, and cash-out options, we now provide our services for all property types, not just those from NetWorth.