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9 February 2025 | 173 replies
. :-)A quick comment about property prices: We cannot go by “estimates” regardless of who generates those estimates.
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30 January 2025 | 12 replies
If the price was right on Turn-key maybe, but probably more of the fixer-upper that can be leveraged later on for additional property or sold for a nice profit.
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7 February 2025 | 22 replies
I would keep your house even if its a a bit negative as you won't be able to sell for much profit or any.
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15 February 2025 | 15 replies
With a cash flow of $6,600, an 11% cash-on-cash return, and an 8% cap rate, you’re seeing good profitability.
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3 February 2025 | 47 replies
Each of the properties have an estimated profit of around $70,000.
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28 January 2025 | 5 replies
One thing to be aware of is the FHA multifamily self-sufficiency calculation which determines if a property can generate enough rental income to cover its mortgage payments.
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19 January 2025 | 7 replies
Right now, the best offers around me are for some 1.3-4 million, that only generated around 100k per year gross, so there would be a high chance of not cash flowing, and paying money, especially with a commercial loan (these buildings have more than 4 units).I was thinking that although the rental itself does not generate money, I would be able to deduct the mortgage interest, and depreciation from my personal w2 income and would be net positive.
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8 February 2025 | 12 replies
Some flat-fee or investor-focused brokerages charge a minimal transaction fee, which can save you money if you're not planning to generate regular commissions.Additional Tips:If your primary goal is access to the MLS and flexibility in viewing properties, evaluate the costs of holding a license (e.g., broker fees, MLS dues, continuing education) versus alternatives like working closely with an investor-friendly agent.Consider whether the time required for licensing, post-licensing education, and maintaining your license is worth it for your investment strategy.If you need help finding an investor-friendly brokerage in Georgia or navigating the process, feel free to reach out!
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10 February 2025 | 10 replies
At $1,700 a month, I would profit $300 which would go towards my new rent which is $475 a month.
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14 February 2025 | 9 replies
If youre going to engage with the darker side of the system and profiteer off of the downtrodden, youd better get more crafty.