
22 July 2020 | 10 replies
I think what you're quoting is a GRM valuation which is the number of years the property would take to pay for itself in gross rent received.

23 July 2020 | 42 replies
So, I'm already at a third less in gross commission for twice the work for people who I actually show the property and decide on the spot if they want it.I'm not trying to speak out of turn, but if I was helping you I'd be running around not-so-distressed properties for some voice on the phone who I have no idea is actually going to work with me, or actually buy anything.

23 July 2020 | 18 replies
You'll have to meet a certain criteria the bank has based off of your income, the price, and other factors the lender would require. for multi family, they allow your to take 75% of the projected rents from all non-occupied units, and apply it toward your monthly income to increase your gross income.

20 July 2020 | 4 replies
My goal is to let her have enough income so she can qualify for a loan by herself.I have few properties that make 6 figures gross rental income.

22 July 2020 | 5 replies
In my experience, a $70K building that grossed $1350/month is either very old, very expensive to maintain, in a very bad neighborhood, or some combination.
21 July 2020 | 12 replies
Yes, I will consult a tax consultant for sure :)Its also good to learn that Schedule E losses seems capped to 25K and applicable if the gross income is <150K.

22 July 2020 | 5 replies
At the end of the year, they all gross about the same.

23 July 2020 | 10 replies
What’s been discussed so far is the “gross commission income.”

22 July 2020 | 24 replies
I feel like I ran the numbers pretty conservatively and still have it grossing about 35k a year.

13 November 2020 | 215 replies
I have no real figures, but there are probably 100 renters for every landlord, but it is interesting that investors make up 18% of gross sales.