Kyle Carter
Apartmetnts with all section 8 tenants
5 January 2025 | 7 replies
I would count on having at least half market rate tenants, in the event Section 8 rents are higher than market, which they are in our market (granted you will need to subtract the utilities from the rent).
Shakthi Kamal
Is a min of 2% rent to price ratio needed for positive cashflow in today's market?
6 January 2025 | 2 replies
Mortgage rates at 7% 2. 25% down3. 10% of current rents budgeted for capex, monthly repairs and maintenance and property management fees.
Garry Lawrence
Mass Shooting Near Property I'm About to Buy – Should I Back Out?
12 January 2025 | 7 replies
Some of the best investment were made in bad neighborhoods and higher crime rates then as usual the area becomes gentrified and continues to grow in both equity and passive income.
Chris Seveney
Home Payments as % of Median Income
2 January 2025 | 12 replies
When you're talking about interest rates dropping I think you mean mortgage rates but the government isn't getting rich off of those.
Grace Solano
Thinking out of California
19 January 2025 | 3 replies
However, the rental value this area is very low compared to the Home values and mortgage rate.
Abby Biter
My Short Term Rental Barely Profitable
8 January 2025 | 11 replies
It will help you adjust your pricing to improve your vacancy rate. 8.
Peter H Derry
Buyer's Guide: Purchasing Property for Your College Student
23 January 2025 | 0 replies
Choose the Right LocationProximity to Campus: Prioritize properties within walking or biking distance to minimize transportation costs.Safety and Security: Research neighborhood crime rates and local security measures.Access to Amenities: Look for nearby grocery stores, healthcare facilities, and entertainment options.3.
Kyle Shipley
New and eager to learn how to start and scale a RE portfolio
22 January 2025 | 5 replies
high interest rates have hurt cash flow and long term rentals are still a great investment... they're just not going to throw off rental income in the first few years of ownership.
Chris Blackburn
Tax credit 45L for a 90 unit or 112 unit project? What should it cost?
22 January 2025 | 1 reply
This could cost around $500 to $1,500 per unit, depending on the size and complexity of the project.Certifications: There may be additional costs for certifications (such as HERS ratings) or third-party testing to verify the energy efficiency of each unit.For a 90-unit project, you could be looking at costs in the range of:$45,000 to $135,000 for energy modeling and certification (depending on the cost per unit).For a 112-unit project, the costs would likely be:$56,000 to $168,000 for similar services.Tax Credit Calculation:If you meet the energy standards, you can claim up to $2,000 per unit.
Ashley Wilson
New Leases versus Renewals: What matters more?
10 January 2025 | 2 replies
Looking at this mathematically, if you assume a 50% non-renewal rate (industry standard) and use the low end of the range of $5,000 per non-renewal, there is a loss of $50,000 per year on a 20 unit property.