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Results (5,846+)
Sonya C. Questions about Series LLCs
23 March 2024 | 9 replies
Think of each LLC like a compound that separates your liability risk.
Betsy Nolan leasing to a compounding pharmacy
20 March 2024 | 6 replies
Is there anyone who has experience leasing to a compounding pharmacy?  
Lisa McKinney HELP!! How to Structure part finance/part seller buyback
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...
Matthew Villalon Fix foundation repair/water proofing OR convert single family home into a duplex
21 March 2024 | 2 replies
Water is seeping through cracks in the floors and through the walls where it looks like the basement walls have signs of bowing with horizontal cracks.
Samson Tefera Contractor unable to get rid of pet odor.
21 March 2024 | 28 replies
It contains the enzymes that, in nature, break down the compounds in the urine, feces, etc.
Parker Ernsthausen LOOKING FOR INPUT ON NEXT STEPS TO SCALE - Mid Level Investor
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". 
Ryan Thomson Should I House Hack or Rent?
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.
Jay Lutz Expected implications for Florida's Milestone Inspections and Reserve Requirements?
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.
Allen Berrebbi Getaway.co Legitimate or not?
22 March 2024 | 21 replies
I'm not one to plug my business and there is enough good, bad and ugly online for all to see.You will find many "real world" reviews on both Ohio Cashflow and Oz Realty via a Google search.Not perfect by any means and we make mistakes.Honest mistakes that we do our best to rectify.Standing the test of time in a real estate niche called turnkey that has been scared by many shady operators speaks for itself IMO.I will say this, investors buying sub $100,000 properties and only owning 1 or 2 and expecting miracles are usually unsatisfied.Sub $100,000 requires volume to work and for a decent long term return to be realized.Our price points are $70,000 - $100,000 and rent's are from $750 - $1,100pm2bed, 1bath and 3 bed, 1 bath is our bread and butter.Sometimes 4 bed, 1 bath and rarely 4 bed, 2 bath or 3 bed, 2 bath.The odd duplex from time to time and the odd 4 unit or 6 unit but those are rare.B class areas mostly.Sometimes B- and C class on occasion which we will stress clearly in any deal pro-forma along with the pro's and con's.Also, those that get their panties in a tangle and decide to leave the wing of Ohio Cashflow, we can't help much anymore as it get's messy and muddy so we have to politely bow out from any continued engagement. 
Account Closed Home sellers would no longer be forced to pay up to 6 percent commission to agents
25 March 2024 | 214 replies
Lets keep in mind the sellers and buyers are not in real estate they simply dont understand the dynamics and I can just see a seller who now reads this new rule and will absolutly not pay the buyer agent and bow their back up big time..