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10 February 2022 | 19 replies
It'll take over 13 years to break even and that's ignoring *all* other costs.
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4 November 2021 | 6 replies
For example, one client buying a Triplex breaks even living there right off the bat, but can rent two bedrooms in his own unit as well and cash flow about $1500 a month give or take.
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30 October 2021 | 7 replies
Since you paid 100% of those costs and they should have covered 12 months, but you only received rent for 3 months and are now incurring an additional cost, you are entitled to recoup the 9 months portion of money lost due to the early breaking of the lease.
2 November 2021 | 45 replies
With this info, what should a fair offer be and can you kindly break it down?
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30 October 2021 | 0 replies
I am currently renting it out for $2100 and I am breaking even on this property.
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2 November 2021 | 58 replies
As others mentioned, a few dollars won't make a break a vacation to the smokies.
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24 December 2021 | 10 replies
It's all up to what you're looking to do and if you can "afford" to break even for a while and wait for appreciation but there's no guarantees with that and could leave you in a tough spot.
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31 October 2021 | 4 replies
The ideal situation is to break even, and have an asset that can be tapped for equity at some point.
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31 October 2021 | 4 replies
Hi,
I have signed my lease and unfortunately I need to travel immediately and wouldn't be back before Jan.
I asked my landlord if I can start my lease after and she said she'd find someone else.
She asked me to...
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2 November 2021 | 19 replies
For a 350k home a 30 year FHA loan at 4% with 3.5% ($12,250) down payment, the monthly payment would be around $2,000 a month which would be detrimental if I had a couple months of vacancy, or a tenant refused to pay rent.Also few of the homes in my neighborhood pass the 1% rule (not that it is a make or break), but then a duplex in my neighborhood is already going to have a tough time cash flowing.