Frank Barletta
Houston: Gross Weather, Lovely Investing
9 October 2024 | 9 replies
The covered parking area and patios should have adequate drainage to prevent water accumulation and potential damage.Investment ForecastPurchase Price: $849,900Total NOI over 10 years: $308,782.13Year 10 Value: $1,256,336 (based on a conservative 4% appreciation rate)Annualized return: 6.30%ConclusionWhile this property is poised for appreciation, sustaining it over several years for substantial returns would require substantial financial resources due to high debt servicing costs and negative annual Cash on Cash (CoC) returns.
Kevin Lin
rental property calculators generate different assessment results - very confusing
8 October 2024 | 3 replies
I do notice that the annualized return generated by BP is usually quite a bit lower given the same inputs.
Scott Glozzy
Listing my STR in the offseason as a Mid-Term rental
11 October 2024 | 11 replies
I have been utilizing Facebook MTR groups in my market as well and have come up flat.Like I originally stated in my post I am currently breaking even simply with my in season short term rentals, which has been covering my annual expenses.
Max Bellino
Anderson Business Advisers Asset Protection
15 October 2024 | 26 replies
Trusts based in Nevis, Lichtenstein corporation/trust hybrids, multi country inter connected entities, generation skipping trusts, outside trustees, “protectors”, etc add up not only to a large initial outlay, but large annual charges.
Luke Rusten
Is it worth paying a premium for favorable terms?
10 October 2024 | 7 replies
If you want to figure out the value logically, you can create a spreadsheet that will show your cost of financing and principle paydown on an annual basis to figure out the break-even date between the seller-financing price vs paying market price, but with bank financing.You mentioned a 40-year term, but is there a balloon?
Michael Chalke
Raising rent on a section 8 tenant in Passaic County, NJ
7 October 2024 | 19 replies
Two out of three are well below market rent, so I am trying to bring them up annually.
Brian J Allen
Mortgage Payments Are Outstripping Income Gains
8 October 2024 | 2 replies
According to Zoocasa, the annual median income in Greater Boston has increased by 22.4 percent since 2018, yet in that same period, the average monthly mortgage payment has jumped by 27.5 percent.
Emily Poerio
Short term rental's cash flow is not great, should I walk from the purchase agreement
11 October 2024 | 30 replies
I assume you have looked up your property on Air DNA, this is the best way to determine STR annual income. 2.
Frankie Paterno
What areas are currently cashflowing
12 October 2024 | 25 replies
If rents don't outpace inflation, you can't achieve financial freedom—no matter how many properties you own.For example, let's say you buy property in a city where rents increase by 2% annually, while inflation averages 4% per year.
Grant Tallmadge
Property Manager in Denver
8 October 2024 | 17 replies
Very affordable fees, will end up being around 8% annually (excluding maintenance and repairs).