Kyle Carter
Role insurance plays
3 January 2025 | 5 replies
These days too many people have too little coverage in case of a rebuild so you do want to make sure you understand the true cost of a total loss.
Bradford G.
Rod Khleif vs Brad Sumrok Multifamily Coaching Review ??
26 January 2025 | 54 replies
Brad's Group is obviously doing volume.
Alec Barnes
How Do You Ensure Quality Tenants?
9 January 2025 | 12 replies
We add up the scores and get a total score that reflects the level of risk the applicant presents.
Sidney Duquette
Strategies for High Equity Growth Properties: Risk Mitigation, Value-Add, Cash Flow
20 January 2025 | 7 replies
Is there a limit or target for what I should consider in terms of total return or cash on cash return for this strategy?
Sino U.
Seeking Advice - Multifamily Investment with Potential Short-Term Rental Strategy
1 January 2025 | 3 replies
It's a multifamily property in a good neighborhood with three units and a total of four bedrooms and three bathrooms.
Kelly Mae
Fourplex addition in Ontario Canada
3 January 2025 | 2 replies
Obviously you are on the ground, so you would know better.
Stuart Udis
Bigger Pockets Forum Suggestion
2 January 2025 | 2 replies
Being that every new member gets a connection request from me, I get all of these spam messages myself and do my best to remove obvious spammers immediately.
Tyler Kesling
Funding Your First Deal
7 January 2025 | 16 replies
Quote from @Tyler Kesling: @Randall Alan- Totally valid points.
Paul Stewart
STR Life- Remitting and paying Taxes
16 January 2025 | 11 replies
The total cost for this monthly for me is $1.00 fee for online payment for Sevier County, TN and the .73 cent stamp for Blount County, TN.
Jesse Rodriguez
Miami Short Term Rental
7 January 2025 | 0 replies
Seller is the Agent.Seller bought property in January of 2023 for $730,000Current “As Is” Value : $770,000Target Acquisition Price: $730,000-$780,000 After Repaired Value: $900,000Repair Estimate: $120,000Initial Offer Amount: $715,000Loan Program: Bank Statement Program.Total Estimated Monthly Payments (Principal, Interest, Taxes, and Insurance) $5500/month (based on $770k purchase price)Estimated Gross Yearly Income from Short Term Rental: $160,000 (65% Occupancy, $700 a night| (STR Listing Comparable properties Listing 1 Listing 2 Listing 3)Net Monthly Income after management and taxes: $11,751.25Net Monthly Income after Mortgage Payments: $6251.25 ($75,015) Per YearTotal Cash Investment: $297,000 ($177,000 in down payment and closing costs and $120,000 in repairs)Average Yearly Return on Investment: 25% yearlyAverage increase in property value per year: 5%Average increase in booking revenue per year 7.5%Property Value average after 10 years: $1.5 millionTotal Cash received over 10 years: $1.3 million.Total Equity multiple min over 10 years: 6x total return on $297,000 invested.