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Results (10,000+)
Account Closed Prepay mortgage on rental property with negative cash flow?
18 October 2018 | 5 replies
Currently I'm amortizing 750$/month of principal, which will grow over time.I have two other rental properties with positive cashflow of 200$ each.What considerations should I take when checking if I want to prepay the mortgage on my negative cash flow property?
Sanjoy V. Thinking through the Math...does it make sense
18 October 2018 | 8 replies
If a property that is worth 5.3 million today at 6% cap approximately, can be bought at 5% interest rate; if the same property I could get at 4.3 millions in 2 years if the market falls, then interest rate possible at 6-7%, my cash on cash may be better but still not significantly better due to the higher interest rate, plus opportunity costs of sitting on capital for 2 years (1.3 million investment earning 1% bank interest instead of 7% COC if invested, loss of tax break depreciation, total loss may equal 200k loss in profit), plus increase in the rents and some value add could increase the cap from current 6 to 6.7 or so in 2 years.Unless, I find another source that can give me a COC of 7%, sitting on cash for 1.5-2 yrs for market to correct may itself be a loss.
Chris Grenzig Building Interior Hallway Flooring Ideas
18 October 2018 | 8 replies
I would imagine the extra service life would justify the cost increase over carpet.  
Albert L. [Calc Review] West Cleveland Duplex
24 May 2019 | 4 replies
Goals: -stable cash flow, not as concerned about appreciation (check, assuming description is correct in saying they've had stable tenants. rental price should increase in the next couple years so i have some assurance there)-looking for min $100/unit (check)-C+ neighborhood (check, borders some B/A neighborhoods in upper Ohio City so hoping some absorption goes that way)Other things: -20% CoC return (almost check - Changing purchase price to $53,000 and have tenants also pay water/sewage would bump this deal right up to my criteria of 20% CoC.) 
Lisa Thiessen Can I reject a tenant after initial approval?
17 October 2018 | 3 replies
"after full consideration of your application and my requirements, I feel that this relationship will not be a good fit for either party.
Carmen Lewis Dreaming of flipping a house
26 October 2018 | 17 replies
After 6 months paying it on time every month, they increased it.
Shawn Harvey Mobil home park rentals
19 October 2018 | 8 replies
With MH T/I increases to $7500 month and $345,000 year.
Shay Ortiz Legal eviction and pets.
18 October 2018 | 1 reply
I been in my new apartment 3 weeks even agreed to pay a rent increase.
Dylan S. Hello bigger pockets!
25 October 2018 | 12 replies
My business partner and I ended up forming another company and bringing in two additional partners that were already doing flips in the area to help increase our capital and our ability to do more deals. 
Dolly La Salle % for Vacancy, Repairs & Maint, Cap Ex, & Future Assumptions?
19 October 2018 | 14 replies
Accounting for anticipated capex and increases if already known.Analyzing tends to be a mix of analytical data and finesse with the numbers based on the property, if that makes sense.Anyhow, reach out if I can help.Mike