Tonya English
Launch Your Leads Scam
27 January 2025 | 65 replies
They also want you to spend on ads around $1500 so initial total investment is around $60,000, but NOW it's +$15,000 since the new year.
Dan Ross
Is the Pace Morby Subto program worth 10,000 dollars?
28 January 2025 | 48 replies
where is see a total cluster with Morby students is they are now selling their car's sub too.. can just see it.. sell a car to someone on facebook with the promise they will pay our payments ..
Bree Jimenez
Hi everyone, excited to be apart of this community.
28 January 2025 | 22 replies
If it weren’t for some contractor issues, we would have netted around $60K, but it ended up closer to $45-50K (I don’t have the exact numbers on hand).
Ariel Betancourt
New Student of Real Estate Investment
24 January 2025 | 7 replies
Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.
Travis Boyd
Seeking advice on potential first deal - off market 6 unit apartment
18 January 2025 | 6 replies
Some numbers:Expected 2026 income after raising rents to market value and assuming 7% vacancy: $144k.Expenses: $14k property management, $18k property tax, $10k insurance, $10k utilities, $8k in repairs/maintenance/advertising/admin/etc: Total operating expenses: $60kNOI: $84kBased on 6% cap rate that brings the valuation to only $1.4m, or $1.5m based on 5.5% cap rate.
Katie Southard
Selling Rental before Cap Gains Timeline
8 January 2025 | 10 replies
I would venture maybe $20k total, conservatively.
Conte Cuttino
Leave 100k and rent or Flip for 30k
9 January 2025 | 10 replies
Quote from @Conte Cuttino: Property is in C+ area but in a different School district that’s B-If I sale I’ll get 30k profit after 9 months.If I keep as a Long term rental I’ll have to convert the garage into a illegal 1 bed cottage at an additional cost of $35k leaving a total of $107k left in this deal after 70% refi and closing cost.
Makani Donaldson
What is considered a good cash flow?
26 January 2025 | 16 replies
I'd deduct this before accounting for your total cash flow.
Sam Ojo
Looking to Scale and feeling Stuck
31 January 2025 | 8 replies
For instance if this is a $10M portfolio that's levered with loans totaling $9.1M, there's no equity that can be pulled but if this is a $1M portfolio with $100K of debt, its a different story.
Geoff McFarlane
Sell our home or rent it out?
20 January 2025 | 7 replies
Treat this property as a business and factor in all the associated expenses, including mortgage payments (if you pull a loan), maintenance, and potential vacancy periods.To simplify management and make this less of a hands-on job, I’d strongly recommend working with a property management company.