Cosmo DePinto
Investing in Huntsville
30 January 2025 | 5 replies
I think it's the best market in the whole country in my opinion.
Joseph Beilke
Costa Rica Info
11 January 2025 | 11 replies
Here are the numbers:IncomeTotalPartner ContributionsManaging Partners Debt$0.00Partners Deposits$987,459.99Total Contributions$987,459.99Operating IncomeAirbnb Income$50,186.50Square Income (Vehicles or add-ons)$6,741.04Total Operating Income$56,927.54Total Income$1,044,387.53ExpensesPurchase of propertyCost of House-680,000.00Closing Costs-$26,744.44Total Cost of Purchase-706,744.44Set Up ExpensesHouse Improvements & Care taker home addition-116017.03Adding Tiny House-52130.83Furnishings-68403.65Vehicles-43150Set Up Costs and Advertising-2339.53Total Cost of Set Up-282,041.04Operating expensesCare Takers-14535.9Additional Cleaners-1505Cleaning Supplies-2670House Supplies-1340Landscaping-4230.66Utilities (Power & Water)-8204Internet-315Pest control/fumigacion -120Pool cleaning/maintenance-2220Vehicle Gas-552.3Vehicle Maintenance and Repairs-6625.01Welcome Food for Guests-115Property Repairs-4999.64Bank Fees-1208.06Accounting Fees-1085Insurance-955.74Other Expenses-1071.2Total Operating Costs -$51,752.51Total Expenses-$1,040,537.99Net Income$3,849.54Net Operating Income$5,175.03Now 5k for an investment of 970k is not a good investment.
Somesh Mukherjee
From Toronto, looking to invest in Ohio!
30 January 2025 | 19 replies
Very interested in the Cleveland/Ohio market in addition to a few other cross-border cities closer to Toronto.
Tyler Walley
Getting Started in Short Term Rentals
1 February 2025 | 11 replies
I usually just google "market name" airbnb or short term regulations.
Shayan Sameer
New Rental Property Purchase - Out of State
31 January 2025 | 29 replies
Quote from @Shayan Sameer: Quote from @Samuel Diouf: Columbus, Ohio is a great market to consider if you're looking for appreciation markets that still have cashflowing deals under $200k.
Daniel Liu
How to list rental property to prevent the Price Gouging in California
30 January 2025 | 5 replies
There are no laws restricting mark-to-market rents.
Scott Trench
2025-2026 Might Be One of the Best Stretches to Purchase Multifamily Since 2010-2011
3 January 2025 | 8 replies
In the second half of the year, market by market, the supply will slow to near record lows, which will be a key theme in 2026.
Marc Zak
Cost burden of appreciation
3 February 2025 | 3 replies
Quote from @Marc Zak: In the market where I live (San Diego), appreciation has been strong and many predict it will continue to appreciate in the long term.However, with current interest rates (6% at best) and property tax (2%), the annual cost burden is 8%.Am I correct in saying that appreciation has to be above 8% annually (plus whatever my maintenance and vacancy costs are) for me to make any money in this scenario if the property is cash flow neutral?
Blake Steagall
Section 8 investing
2 February 2025 | 3 replies
Quote from @Blake Steagall: Hello @Jaycee Greene, I do not own any real estate in that market yet but am interested.
Jack Pasmore
The Importance of Underwriting. Is Automation Effective?
31 January 2025 | 9 replies
Know your market cap rate and you can quickly determine whether property is worth a closer look.