Ashish Wa
Buying a rental into a Revocable Living Trust?
16 January 2025 | 3 replies
Is buying a rental into a living trust a good idea?
Sino U.
Thoughts on Investing really close by international airport
15 January 2025 | 10 replies
,I have sold and been managing properties that are near the MIA and haven't had any complaints from residents who are living in them.
Ryan Washer
Long Island New York meet up
26 January 2025 | 28 replies
Hey all, I will be more then happy to set something up.
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.
Dallas Morioka
Using Seller Financing to Buy Primary Home
22 January 2025 | 3 replies
Are you able to use it easily, only with a HELOC.If you lose your tax deductions, then Uncle Sam is happy to take more of your money each year.Good Investing...
Alice Fairbairn
Maximizing ROI: 3 Key Features to Focus on in Short-Term Rental Properties
14 January 2025 | 9 replies
A couple of things I like to tell my newbies-Owning a short-term rental property can offer significant financial benefits.
David Lewis
Boston - Has the ship sailed?
23 January 2025 | 45 replies
@David Lewis if you wanna chat rental rates and market specifics in some of the micro markets mentioned above I'm happy to.
Landon Sheveland
Common Mistakes/ Beginner (Fix and Flip)
27 January 2025 | 10 replies
We plan on living in the house and doing most of the fixes and renovations ourselves.
Thomas Farrell
BRRRR with ~400k Capital
18 January 2025 | 16 replies
This plays into the affordability issues for tenants by allowing them to live in nicer neighborhoods for less money, yet I get monthly revenue comparable to short-term rentals.