Bobby Eastman
Any suggestions for people to contact for investing in the Sherman/Denison TX area?
18 January 2025 | 17 replies
You can also potentially bill back tenants for usage too.
Tayvion Payton
Would You Pay an 18% Premium for Seller Financing at 2%?
13 January 2025 | 2 replies
., Purchase Price: $475,000 ($197.9/sq. ft.).Estimated Market Value: $402,000 ($168/sq. ft.).Financing Terms: 2% interest rate, with a 9-year balloon.Unit B Income: $2,049/month (Section 8 tenant through November 2025).Unit A Income Potential: Similar rent or higher; Section 8 cap for the area is $3,234/month.Monthly Loan Payment (P+I): $1,386.Cash Flow Breakdown (if both units are rented at $2,049/month):Gross Rent: $4,098/month.Vacancy (10%): $410/month.Operating Expenses (37.3%): $1,376/month.Net Cash Flow: $943/month.Key QuestionsWould you be comfortable paying an 18% premium for financing at 2%, especially in a market where current mortgage rates are closer to 7%?
Alice Fairbairn
Maximizing ROI: 3 Key Features to Focus on in Short-Term Rental Properties
14 January 2025 | 9 replies
Secondly, short-term rentals provide flexibility for owners, allowing them to potentially use the property themselves when not rented out.
Katie Hendrickson
Seeking Advice: Selling and Financing a Geodesic Dome in Eureka Springs
12 January 2025 | 1 reply
It also features a minisplit HVAC system and PVC exterior covering.We plan to market it as a vacation rental, given its potential appeal to eco-conscious travelers and those looking for a distinctive getaway experience.I’m reaching out to see if anyone has experience with selling or financing geodesic domes.
Mike Sfera
Syracuse/Rochester Area Rentals
15 January 2025 | 8 replies
Lots of older houses but there seem to be several that have the potential for cash flow and while not exactly modern on the outside, have been renovated inside.
Tony Schmucker
New Investor Seeking Advice on Relocating and House Hacking
20 January 2025 | 8 replies
I'd like to share the excel file but I'm having trouble navigating FilePlace to upload it.Appreciation vs. cash flow, I’d prefer a balanced market that offers some appreciation potential.
Joel Oh
salt water hot tub
13 January 2025 | 23 replies
All that being said I don't know about if a salt hot tub is better per se, I know it's better for your skin and I'd say perhaps if you're in a very health conscious area like Joshua Tree, some folks might be attracted to the idea of a salt water hot tub.
Richard Bautista
Would like to connect with a team based in Cleveland Ohio
12 January 2025 | 5 replies
Quote from @Richard Bautista: Good evening,Just saw Cleveland, Ohio has relatively inexpensive houses which has the potential to cashflow.
Spencer Thomas
[Calc Review] Help me analyze this deal
18 January 2025 | 4 replies
I’d dig into this a bit more.Another assumption that stood out to me as potentially problematic is the 6% income growth and only 3% expense growth.
James Wise
Failed Leadership is why California is on fire.
19 January 2025 | 138 replies
The justification for eminent domain would be the cost of defending the current set up, health costs and environmental cleanup costs.