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26 August 2024 | 13 replies
How much gross profit did he make on the sales.
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26 August 2024 | 13 replies
However, considering gross monthly income and operational expenses, I'm looking for strategies or types of properties that can provide a better net ROI.Here are some key points:Location: At least a C neighborhood that is safe for driving around at all hours.Cashflow: Investments that can deliver superior cash flow.Involvement: I have the time and willingness to handle maintenance and operational activities myself.
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24 August 2024 | 6 replies
Everyone has their own number here but I'd say start with 15% gross rents and see how that treats you for a couple years.
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24 August 2024 | 8 replies
Most property manager cover all the services you offer charge a flat fee of 20% gross revenue. 65% is exorbitant - its 3.5X the market rate.
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21 August 2024 | 3 replies
What’s a good rule of thumb to follow when starting a business or owning multiple properties for how much you should set cash aside to go towards the mortgage, expenses, emergencies and paying yourself? Thanks in adva...
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25 August 2024 | 10 replies
If for example, a more well capitalized or cash buyer (with the ability to compensate their buyer representative directly) can theoretically submit a lower gross sales price while still yielding the seller greater net proceeds.
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24 August 2024 | 5 replies
I am looking for:GROSS Income >= 3x rentANDRent + Monthly Debt Payments <= GROSS Income * 45%2.
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22 August 2024 | 0 replies
Purchase price: $300,000 Cash invested: $70,000 Sale price: $450,000 BRRR method using an STR property that has projections in the 75k gross rangeUPDATE -- did rent well.
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22 August 2024 | 0 replies
Grossed around $60k in yearly rentals, netted around $21k.
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23 August 2024 | 10 replies
With a fund some can offer tax preferred treatment such as dividend vs ordinary income so it’s something to review not just gross but net returnsThere is no right or wrong answer to this, it’s truly a preference and how comfortable you are with each type of investment