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31 March 2020 | 1 reply
What do you think the effect will be on rental ownership and what are some of you doing to prepare?
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7 April 2020 | 4 replies
Social media can be effective if you can get your follower count up, which is not easy and happens by engaging with others and posting good content.
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8 April 2020 | 13 replies
There will be a spill-over effect from all that development (largely luxury rentals and big-brand commercial) for home-owners/house-hackers, because the tide lifts all boats.
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1 April 2020 | 4 replies
Things are changing so fast, it's difficult to plot a course of action right now; better to have several possibilities ready to jump on.
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3 April 2020 | 8 replies
A lot of people are still in denial that this is going to significantly effect the real estate market.
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24 July 2021 | 41 replies
I have less and less confidence in out Government's ability to effectively manage this volume money distribution.
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16 April 2020 | 15 replies
These are the major inputs assumptions: $90,000 purchase price and $18,000 down for 80% Loan-to-Value.3.9% rate, 30 year amortization Scheduled monthly rent of $1000.Conservative annual expense load of ~4950 (43% of Effective gross income).Investor effective tax rate of 15% and annual depreciation expense of $2500.Projected Year 1 returns are as follows: (1) Pre-tax cashflow ~$2568 (14.27%), After-tax cashflow $2365 (13.14), After-tax return + principle pay down $3655 (20.30%) and Total Return (After-tax + pay down + appreciation-1.5%) $5005 (27.80%).
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12 April 2020 | 16 replies
An effective way to understand that I've found is to set yourself a firm budget and put it into the search criteria on Redfin, start hearting or x ing out everything that looks like it would be a nice place to live, once you finish you can zoom out on the map and see where you have clusters of faded out bad houses and clusters of hearts, most cities I've done this with end up giving you a pretty good pattern.
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1 April 2020 | 2 replies
I believe the loss of rent would allow me to pull the money out of the account even though my current job where the 403b account is held has not been negatively effected.