What’s the magic number for single family homes?

As soon as my PM puts a property up on Zillow for rent, the Zillow expected rent all of a sudden magically matches the number we advertise it for. 

I’m not saying anyone should rent if that doesn’t align with someone’s long term goals, I’m just saying that in most cases if your goal is only to be somewhere for a few years it makes more sense to rent, real estate isn’t magic you just simply can’t create a deal out of thin air, margins are the margins, rates are the rates & you make a plan based on that, but there’s not some secret way to make money, even off market deals I’ve found are often worse margins than on-market deals.

Let me know what margin did you pick since the all in one loan or AIO is based on 1 month libor + your fixed margin that you pick.The borrower has the option of buying down their margin but the real magic of the AIO is the interest is not only calculated daily but theres a 20 day grace period before its added/charged to your AIO account on the 20/21st of the next month.

Cash value life insurance creates a "magic checking account" that lets you put your money to work in two places at one time: The account still earns interest and the checks are written against a credit line.This is such easy basic finance that I can't believe people are going back and forth over it.

Creating an LLC and paying your Secretary of State does not give you magical legal separation. 

The first $40k of your taxable capital gain is in this magical 0% tax bracket.

Every summer i spend a couple of evenings teaching my kids the basics of personal finance, simple stuff like living below you means, saving 10% of everything you make, the magic of compounding interest, investing etc......

With improvements in technology these days (ie magic eraser), I hardly have to do a full repaint during turnovers.

It's amazing if someone is laid off how many things will magically break in their apartment just before the first...