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30 December 2024 | 819 replies
Hopefully property taxes do not go up.Long term say 50% average. 750/2 = 375 X 12 = 4,500 cash flow a year pre-tax4,500/40,000 = 11.25% return annuallyThis is just off the cash flow and not any depreciation.Good luck and I hope it works out for him.
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19 December 2024 | 3 replies
Real estate investing is forgiving; the average person can still make money even with some big mistakes.
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28 December 2024 | 24 replies
The state has always had many hurricanes and while insurance here is higher than the national average, our housing price to amenities ratio is one of the highest around.
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18 December 2024 | 2 replies
., and well above the national average of 4.1%.
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28 December 2024 | 23 replies
I work a lot, probably more than the average W2, but we also travel a lot, at least 6 trips every year.So that's what's driving me, numbers on a screen are nice, but they are not fulfilling on a personal level.
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15 December 2024 | 5 replies
I fully renovated the upper unit with well-above-average finishes, and it's been averaging ~$2,850/month in gross rental income over the past 12 months as an STR on Airbnb.
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15 December 2024 | 1 reply
The rental market here seems to be cooling and it's hard to pencil deals even if I rent by the room to achieve higher than average rents.
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17 December 2024 | 8 replies
The state’s housing is also ranked as the fourth most affordable in the country.Alabama currently has the second-lowest average property tax rate in the country at 0.4%, which helps investors keep more of the money they earn.
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17 December 2024 | 8 replies
I've had 1 tenant stay for 3 years, the others have stayed for a year on average but it depends.
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11 January 2025 | 67 replies
In a market like Kansas City you can get $150 per month cash flow on average with the right multifamily property and right location.