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21 September 2024 | 44 replies
Here's kinda what I have: (I usually really front load properties with alot of repairs and painting so that it pushes alot off into the future)+ Gross rent- property management 10%- vacancy rate 5%- cap ex savings (250/ month?)
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20 September 2024 | 17 replies
So I started testing it out with specific addresses and potential gross rental income and was blown away how it was exactly the gross income that the market offered.
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20 September 2024 | 12 replies
Using a 30% of gross income to represent what most consider a safe amount for a mortgage payment, the average person could only afford a monthly payment of $1,988.
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21 September 2024 | 14 replies
The STR realtors sells the home taking advantage of the potential gross income even if you had not maximized your rental income yet previously.
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18 September 2024 | 29 replies
I believe (on average) they gross a little less than BR but typically purchase prices are also a little lower.
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20 September 2024 | 31 replies
Since the difference between the 2 transactions is $25,000, that is the gross amount you make.
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18 September 2024 | 67 replies
Quote from @Scott Michael Gross: @Stefan D.So the buying process was quite smooth because the agent that we used with them was amazing.
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17 September 2024 | 3 replies
A little background to start out because I'm feeling a little scatterbrained with the directions to take next: I'm 23 and currently own 2 duplexes with gross income just shy of $4k per month, net after mortgages, taxes, utilities, repairs, etc. is about $2,125 give or take depending on the month.
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17 September 2024 | 14 replies
If you're running a company generating $3M+ gross you probably don't have time.
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18 September 2024 | 10 replies
Utilities could be 10% of effective gross income (EGI) which is probably high but I'm thinking of heated units in mind.