Dean Valadez
Tenant Turnover Q's: timeframe and cost expectations
9 October 2024 | 16 replies
For quick math one month vacancy is almost 2k lost income, re-leasing expenses 2k and there are always at least 2k worth of work (sometimes just upgrades we choose to do).
Joshua Thang
Appraisal Report Bedroom Count is Different from Actual Number of Rooms
10 October 2024 | 14 replies
The most common things I would foresee them finding is: - sill height and size of any window you are counting as secondary ingress/egress.
Johnny McKeon
How do you feel about a ...??
7 October 2024 | 0 replies
How do you feel about a $700k purchase price with a non owner occupied 4plex DSCR loan 3yr prepayment penalty, 10yr interest only 30yr fixed after$560k loan amount (20% down)7.750 par rate with no costs. monthly payment $3,616.66Or pay $22,295 in closing costs and get a 6.375% Monthly payment of $2,975The monthly payment difference between the two is $641.66And when you take $22,295 in closing costs and divide it by $641.66 that will give you 34.5 months (2.89 yrs) to break even if my math is correctHow do you guys feel about taking a lil less than 3 years to break even on $22,295And the seller is giving me $15,500 in seller concessions thank you everybody for your help!!
Mayokun Abiola
New Member Looking into Hard Money Lending
8 October 2024 | 8 replies
I'll DM you. not sure of your math there if the loan pays off in 5 months the return apr wise is quite a bit higher
Henry Lazerow
Karma hits 1922 W Grace seller - $11,000 a month unit squitter
7 October 2024 | 2 replies
Math clearly isn't their strong suit.As for the squatter, this demonstrates why it's important to use a professional property manager.
Anthony Liberatore
Here is my situation... where do I go from here?
7 October 2024 | 15 replies
Go to a community college and take classes in accounting, finance, and real estate, math, and work towards a degree.
Alex Todd
REPS status scenario + underwriting paper losses
9 October 2024 | 9 replies
You have to do the math.
Josh Fugle
did you pick your market or did it pick you? All-arounder looking for a market
13 October 2024 | 34 replies
Now I am still getting 15- 25% nets, MATH is the only thing that mattersAll the best
Jeffrey Magenes
Can I pay you to evaluate my Orange County, CA fix & flip real estate deal?I
6 October 2024 | 8 replies
RE is just math,
Ben Burgess
Getting on the path!
8 October 2024 | 13 replies
Some of the best skills I've learned are basic real estate math and finance —being able to analyze potential deals to see if they are feasible and can generate good profit or cash flow.