
3 August 2020 | 6 replies
Looking at a SFH as first time investment [cash deal]House is located in excellent area with plenty of jobs and hot market for housesOverview:House is super clean and requires no repairsCost of house is $180,000 Rent $1565Yearly Gross: $18,780 Yearly net: $14,280 after taxes, insurance, management, added extra expenses to be safe: $14,280I am thinking about doing delayed financing with this one to get 75% of cash back and using it towards something else.Properties in the area have been appreciating ridiculously Any input would be nice, im eager to learn

27 July 2020 | 0 replies
$50,000-$60,000 gross revenue for a studio or 1brGuessing 20% management fee (though the owner told me they might start at 15%)Those numbers can give you better cash flow than most properties in Denver, but that's a not insignificant outlay.

29 July 2020 | 10 replies
Hi,I am looking to buy my first income property and wanted to know how much the maintenance, utilities and PITI should i deduct from the gross rental income?

28 July 2020 | 14 replies
Thats 2k per month in gross income for this duplex.

29 July 2020 | 3 replies
Gross income: 26000 (and has late fees which makes me think, a lack of diligence on tenants)Expense: 4357 Now, the expenses have cleaning, insurance, management, repairs, security, and utilities.

29 July 2020 | 5 replies
Monthly gross is currently around 8-9k and value based on that is 1.2 million. 310k owed.

14 August 2020 | 2 replies
The gross rent is 22800, or 1900 monthly, so you are off a bit on that one too.

31 July 2020 | 14 replies
For example, in Saint John, NB, the taxes will reset at 1% of the transaction value.Property management - 10% of gross rents (even if self-managed, your time has to be valued)CAPEX - 5% gross rentsOPEX - 5% gross rentsSnow/Lawn (who's responsible) Bookkeeping/Legal/Accounting I would not buy on the fear of missing out, investors should be disciplined, you do not have to swing at every ball thrown.

1 August 2020 | 4 replies
Calculate the NOI by multiplying the number of occupied spaces by the monthly lot rent (lot rent ONLY, so if there are homes rented, only include the lot rent amount for each of those spaces) and then multiply by 12 months to arrive at the gross annual income.