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11 September 2024 | 69 replies
We are getting $450 sq on a 4/12 or 5/12 straight roof .
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9 September 2024 | 13 replies
But if it's as straight forward as it sounds than I don't think so.
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7 September 2024 | 12 replies
Would love to hear how things have changed in the last 3 years and to see if Airbnb is a viable option or if I should go straight to long term.
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7 September 2024 | 15 replies
Thanks needed a straight answer, we were looking at a quick sale, so we purchased a binder in lieu of a full policy does that effect it at all?
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9 September 2024 | 12 replies
For closing costs, some amortize with the building (27.5 years) and some with the loan (for my typical RE loan that'd be 5 years straight-line, but ofc if you refi early than it pulls in).
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7 September 2024 | 4 replies
That might look different than just buying a house to rent out straight away.
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6 September 2024 | 11 replies
Being a unwise, junior investor, I just claimed straight line depreciation for 2022 and 2023 taxes.
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6 September 2024 | 13 replies
Is it possible for me to go straight to a utilities company, for instance, and ask for verification for this sort of thing?
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6 September 2024 | 3 replies
Loan Balance $295,000Loan Maturity Date 11/1/2051Property Specifications:SFHBedrooms 4Bathrooms 3Square Feet 2316Year Built 2021Garage Size 2Schools Rating (scale 3-30, 30 is best) 18Lot size (sq ft) 7,631.0Purchase price: $330,000Market Value: $350,000Estimated Financial AssumptionsMonthlyYearlyRent (upper)*$2,350$28,200Rent (lower)*$2,250$27,000Property Taxes$425$5,100Insurance$200$2,400Repairs$65$780Property Management Monthly (%)0.00%Property Management Monthly ($)$75$900Leasing Fee$95.80$1,150HOA$146$1,752Vacancy Rate4.00%Total Fixed Expenses$1,096$13,150Total Expenses (Fixed + Mortgage)$2,620$31,437Hey @Dani Beit-Or, as a straight rental the cash flow in this deal isn't just "tight" — it's non-existent!
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5 September 2024 | 13 replies
I’d recommend the straight up Chicago investor podcast, tax free wealth, and amanda Han’s tax books if you want to read more about it.