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11 October 2024 | 10 replies
Keep in mind, that is NET income, so with enough operating expenses, and depreciation, you might wipe out any income, and thus no UBIT, you will just need to run your numbers.
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11 October 2024 | 13 replies
Remember, no system is perfect, so avoid the temptation of constantly chasing after the next shiny object.
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13 October 2024 | 12 replies
The good ones also have a shutoff in them for leaks so you do not have to worry about it.
11 October 2024 | 2 replies
Arv is about 800k so 75% should cover both and will remain cashflowing.
12 October 2024 | 6 replies
My unit is in San Jose, so bonus points for those in the Bay Area!
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11 October 2024 | 3 replies
My brother does not have any interest in the property any longer so we will be buying out his interest (we're working on the details with him).
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12 October 2024 | 16 replies
I do not lend in AZ, so I am no direct help, but I can price out better then both of those options with NO pre-payment penalty at all.
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11 October 2024 | 7 replies
My financial models are showing a roughly $250k net profit, so a 10% annualized return.
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12 October 2024 | 13 replies
And if that's the case, I would be surprised if the cost to reach the sellers and the time as well is being factored into the deal costs so does that even really count?