
2 May 2024 | 31 replies
I just assume that anyone operating at a high level with triple digits worth of reviews is GOING to have a high average review.
1 May 2024 | 7 replies
Account for repairs, vacancies, property management, and capital expense.

1 May 2024 | 2 replies
Think all the expenses and potential income of the property.

30 April 2024 | 0 replies
Avoiding lender fees will save you upwards of $18,000 on average just in acquiring the deal.

1 May 2024 | 22 replies
Your operating expenses appear to exclude property management, which can be 8-10% of your rental income.4.

1 May 2024 | 10 replies
Average apartment rent of $1070 to national $1470 (25% delta to the downside, in one of the highest growth environments in the nation)3.

1 May 2024 | 14 replies
My debate is this.As a general statement the rental property cash flow here in Los Angeles is VERY challenging to find.I am looking to buy a property with a detached garage and convert into and ADU for helping to offset to mortgage.Crunching some numbers up on $1M property with and ADU assuming (rough numbers) main house brings $5,000 and the ADU $2,000 I’ll still be negative in the deal after all expenses (vacancy, capex, repairs etc…)However if I will use it as a Sort Term Rental it will be cash flowing beautifully.What’s your take about buying negative cash flow long term but counting on AirBNB to bring in the positive cash flow?

1 May 2024 | 5 replies
As pointed out above, I don't thing that you are including all of the expenses.
1 May 2024 | 2 replies
Another reason to sell them as individuals would be if you were wanting to purchase smaller less expensive units.

1 May 2024 | 10 replies
The gain on the sale of the rental property would be about $58k after expenses.