
29 July 2024 | 5 replies
My current primary ( scenario 1) Keep the primary for the life of the loan ( current rate is 4.5 so i dont see my self refinancing anytime soon)current home value 1,150,000Loan amount 935,000appreciation estimate 5% per year after a 28 year hold and the house is paid off I would have a house worth 4,312,000$my current mortgage is 6125$ ( piti) included My second option( scenario 2) Sell the house, walk away with $150 ,000 ish in hand and put that into a low cost index fund Rent a house elsewhere for about 3000$ ish and take the extra 3000$ im saving everymonths from not having to pay my mortgage and puting that money in the index fund as well I ran the numbers on both of these scenarios and doing what I mentioned above would break even at about 28 years meaning my stock account would be worth 4.3 million just like my house would , but the only is that holding a house for 28 year would mean 28 years of property taxes, loan interest ,home insurance and repairs etc whick I calculated to be about 1,200,000$ at minimum which raised my eyebrows to say the least Also i understand that each of these options ( stock market vs real estate ) will have there tax consequences ( long term capital gains) so any thoughts on that would be appreciated as well.

27 July 2024 | 50 replies
Originally posted by @Jonathan R McLaughlin:@Lauren Hogan I remember the very-much-worth-listening to @jay hinrichs posting about this a while agothanks for the mention.. just like any city its cut into 3 or 4 areas.. from the Hood to very nice.. pick wisely.

28 July 2024 | 12 replies
But why would you buy one property in an area you are likely to leave and then have to manage a one-off (not cost-effective)?

28 July 2024 | 6 replies
Add charges for rent for the remaining months, estimated utilities, estimated cleaning and repairs and cost to re-rent (in our case: cost to PM is 1/2 a month's rent).

25 July 2024 | 2 replies
How can i figure out cost?

2 August 2024 | 39 replies
When the problem persisted with my cold callers not generating many leads, I requested to downgrade my subscription to remove the cold calling service and keep the acquisition manager only which would be at a reduced cost.

29 July 2024 | 1 reply
Build cost 2 million ($240 per sqft for a 5400 sqft duplex) (Sale price $650 per sqft)Upon stabilization, the properties market value is projected to be between 4.5 and 5 million.

29 July 2024 | 1 reply
For this deal the cost and proximity to local hospital, and colleges How did you find this deal and how did you negotiate it?

25 July 2024 | 5 replies
Only way around it is a cost segregation study which most investors rarely do for residential RE on a small scale.

29 July 2024 | 2 replies
@Haiden WelchThis post is not going to be what you want to hear but in order to do a syndication properly you need to have experience and moneyIf you don’t believe me check out what is going on in BP on a Norada, Ashcroft, AHP, ODC, Kawaka, and Google Applesway and Tides…To start it will cost you $10k to setup a syndication.