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19 September 2022 | 20 replies
If I were to conservatively run an estimate, I’d take the total revenue on airdna and multiply it by .70 to reflect the cleaning fee, maintenance, and a small buffer.
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25 June 2018 | 13 replies
Multiply this number by the total square footage of your house and it should get you pretty close to the actual ARV.
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9 November 2018 | 9 replies
@Mike BecherIt may be difficult to find the calculator that you are looking for.This is because everyone's tax profile is different(some may be in a 0%, 10%, 12%, 22%, etc tax bracket.there are over 50 states and some states have different rules on addbacks of bonus depreciation/section 179 expense.Furthermore, some people's deductibility depends on whether they participate in the activity or don't.I can go on and on...but there is a lot of variables.With that said - you can get a good idea by taking your cashflow(adding back principal payments that were deducted) less depreciation and multiplying it by your marginal tax rate.If your total income is above $100,000. some of the losses may be limited.
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21 February 2023 | 27 replies
Take the value of the property (lets use the 1 mil property again), subtract the land cost ( we will say 250k), then divide by 27.5 (which is the number of years you can depreciate the asset over, then multiply by the income tax bracket you are in (let's say 30%).
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15 November 2021 | 62 replies
Multiply the out of pocket by the ten deals he's going to do the first month he needs about $210k to get started so I suspect he's not planning to bring the mortgage current, but I might be wrong.In my claims work I've known many agents who closed outside the box transactions, it's not because all the others weren't smart enough close them, it's because the ones who didn't, didn't want to run the risk of losing their license or winding up in prison.Some of the posts I read make it sound like searching and examining title and closing transactions is a walk in the park taking no skill, deserving little compensation and less respect.
28 August 2023 | 6 replies
You’ll be eligible to buy another house hack sooner (multiplying your net worth building machine).You can refinance if rates drop in 6 months to a year.
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25 March 2020 | 76 replies
While I agree that the effort you put into wholesaling would be multiplied if you were an licensed agent if you cant get licensed right now then do something.
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11 June 2018 | 11 replies
Based on this knowledge you can multiply Joe's CPC by his needed clicks (4 x 625) which would equal 2,500.I will mention that I don't pay attention to the CPC much but rather the CPA...
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24 November 2016 | 12 replies
Then multiply your monthly number by 12 an divide it by that rate: $5000 * 12 / 10% = $600000.
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1 February 2023 | 114 replies
Once you have your list rank ordered take the subject property and multiply its square footage by the average of the middle 80% of the price / ft entries.