Gage Bohn
Springfield IL's successful investors are getting what exactly? Chime in your opinion
3 September 2024 | 4 replies
I grew up in Central IL and lived in Saint Louis in my 20s.
Graham M.
Current Viability of Long Term Rental Investment in Calgary
3 September 2024 | 10 replies
Here's a high level average cash flow calc for a few different property types based on what I'm seeing.Apartment/Condo (2/3 BR, 1/2 Bath):Purchase Price: $350k Mortgage Payment: $1550/monthProperty Taxes: ~$1600/yr or $134/monthMaintenance Fee: $700/monthProperty Insurance: $125/monthUtilities: $300/monthAssume no maintenance/capex reserve since Condo. $140/month vacancy reserve (5%)Rental Income: $2800/monthCash Flow: -$134/moTownhouse:Note: Looking at low price units on the market for < 7 days to possibly get more value / minimize mortgage paymentsPurchase Price: $450kMortgage Payment: $2150/monthProperty Taxes: $1900/yr or $159/moUtilities: $300/monthProperty Insurance: $125/monthMaintenance (5% rent) + Capex + Vacancy (5% rent) Reserve: $500/moRental Income: $3000/monthCash Flow: -$232.64Detached Home - Single UnitPurchase Price: $600kMortgage Payment: $3193Even if I can get $3300-3400/month for a 3-4BR home purchased at $600k, maintenance and reserves will cause it to be negative cash flowDetached Home - Two UnitsPurchase Price: $700kMortgage Payment: $3831Property Taxes: $3500/yr or $292/moUtilities: $300Property Insurance: $125/moMaintenance (5% rent) + Capex + Vacancy (5% rent) Reserve: $860/moCash Flow: -$608.57Are any of my numbers way off?
Ryan Paltridge
Scottsdale/Phoenix Airbnb Operators - Connect
5 September 2024 | 8 replies
Any operators in this space that could give me some feedback based on their experience, where to focus?
Elisha Reed
New Land Development Construction
9 September 2024 | 5 replies
Thank you Hello I am following up to see if we can connect.
Brianna Buscemi
Townhome rental or multi?
3 September 2024 | 9 replies
(Btw, we have a Quadplex Investing Webinar coming up soon.
Valerie Bowman
Application/ Property Viewings
4 September 2024 | 9 replies
When were are in a hot market we require a previewing questionnaire with 5 questions based around the application process - credit, income, pets, etc.
Edwin Buitrago
Short term rental management sites
8 September 2024 | 15 replies
There are some platforms where you will need a channel manager those costs vary by who end up choosing.
Joe S.
Finding a Property Manager for PadSplit in San Antonio
8 September 2024 | 6 replies
Look me up on google and let’s schedule a time to chat more about it.
Mei Zhu
affordable tricks for renovation
1 September 2024 | 8 replies
I have one that I dislike this 10 years ago and had to repaint it once but it’s holding up nicely. also, where I’m from there are stores that sell used building materials.
Benjamin Carver
Raleigh Market Update August 2024
3 September 2024 | 0 replies
More deals to be found that way.Median Home Price in Wake County is $490,000 for all real estate, up almost 1% from this time last year.