John Williams
Downside of the 1% rule...
23 December 2024 | 34 replies
Chart below shows last 45 years, about 14% in sp500 and 8.7% in rental income producing real estate, nominal not real.so maybe if the 1% rule is telling you that single family rentals are too expensive?
Mathew Constantine
Question About Rental Property Analysis in The Book on Rental Property Investing
30 November 2024 | 0 replies
On Page 134, he lists the following when analyzing a deal:Sales Price: $132,490.00Sales Expenses: $17,000.00Loan Balance: $55,004.72Total Invested Capital: $35,950.00Profit: $24,535.28I agree with his thought process here when he calculates net profit, but I'm trying to verify the net profit by adding up all the sources of income over the past five years in his example by doing the following:Appreciation over five years=$12,490 (see chart on Page 133).Cash flow ($297.73x12x5)=$17,863.80 over five years.Loan paydown: ($60,000-55,004.72)=$4,995.28 over five years.Sales Expenses are still $17,000.Doing the math, profit= $12,490+$17,863.80+$4,995.28-$17,000=$18,349.08There is a $6,186.20 difference from the net profit he calculates.My question is: Is this $6,186.20 difference due to the forced appreciation gained in the property from the rehab he does in this example?
Don M.
First time with new construction: Cape Coral, FL
20 January 2025 | 204 replies
-As of 2/17/23 update underground plumbing not yet installed, slab not yet poured.Hey Don, Same situation here:-Contract March 2022- >6 months ago Construction permit approved 8/17/22 (not issued until fees are paid)- progress chart says waiting for lot to be scrapedWaiting on a reply on why no fees have been paid at all on this permit.
James Wise
Why do people Buy Property in California
22 January 2025 | 203 replies
So when you add up the 'homeless' and the 'unsheltered' you actually do get 51%....Look, we can split hairs all day long and argue "well by this metric it looks...." blah blah blah.....
Simon Asselin
Ability to draw (HELOC style) against our real estate equity as a portfolio?
30 November 2024 | 3 replies
I know it sounds like I'm splitting hairs but some banks write HELOCs in their residential department....which won't write Investment Properties.
James Colvin
Hello BiggerPockets! New PRO here
29 November 2024 | 10 replies
I am considering same program but want to chart with you on your experience I will definitely appreciate your insight if it helped or not Sam
Andrew M.
Increasing HELOC on investment property
28 November 2024 | 2 replies
I know it sounds like I'm splitting hairs but some banks write HELOCs in their residential department....which won't write Investment Properties.
Eric Fernwood
November Las Vegas Rental Market Update
25 November 2024 | 0 replies
There, you'll find detailed information on investing, both in general and specifically in Las Vegas.Before I continue, note that unless otherwise noted, the charts only include properties that match the following profile.Type: Single-familyConfiguration: 1,000 SF to 3,000 SF, 2+ bedrooms, 2+ baths, 2+ garages, minimum lot size is 3,000 SF.Price range: $320,000 to $475,000Location: All zip codes marked in green below have one or more of our client’s investment properties.What we are seeing:The chart below, from the MLS, includes all property types and price ranges.
Steve K.
Due On Sale Clause About to Become More Common?
12 January 2025 | 185 replies
And now, Armando has.... well from best I can tell he still has great hair.