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Results (10,000+)
Ernest Wade Areas Around Philadelphia
30 August 2024 | 12 replies
I work at a local property management company, and 2 zipcodes that our clients have seen success with are 19149 and 19111.
Alex Gordon Help analyzing a spec home deal
27 August 2024 | 5 replies
My wife and I just acquired our first deal.
Cheryl Spangler Tiny Home Renovation (Old Town Alexandria) 78k profit (378sf)
28 August 2024 | 5 replies
Project management throughout the process. 99% of the time, buyers press a button to buy, press a button to sell and everything in between is done for them (including taking care of all problems, and selling it in the end) What was the outcome?
Nicholas Kania Guidance on Forming a Real Estate Business: Partnership, Tax Strategies, Accounting
27 August 2024 | 11 replies
I’m reaching out to this knowledgeable community for some guidance as my partner and I embark on our real estate investment journey.Our Situation:Partnership: We are a partnership of two individuals.Current Income: Both of us have W-2 income, which we carry a tax burden.Goals: Our primary goal is to replace our W-2 income within the next 5 years through strategic real estate investments.
Will Lockwood Virtual Concierge tool
30 August 2024 | 7 replies
My PMS already has this built in and I know many others are working on the same idea.
Alex Silang STRs are “riskier” than LTRs
29 August 2024 | 14 replies
Even if using a pm you’ll typically pay more for str management than ltr management.With that said…. when I finished a large renovation on my duplex and was ready to refi I searched for and found a tenant who only needed a place to rent for a couple months.
Kristi K. Anyone using Steadily for landlord insurance
28 August 2024 | 22 replies
I heard about Steadily from the authors of the latest BP book on self-managing.
Alex Gatchalian There are options! What do you think I should do?
29 August 2024 | 3 replies
This creates two loan payments ($100,000 of equity and $300,000 on the new mortgage).Key NumbersHome Equity Loan Interest Rate: 6%Mortgage Interest Rate: 7%Rental Income: $3,000 per monthExpenses (management, taxes, insurance, maintenance): $800 per monthIncome and ExpensesMonthly Rental Income: $3,000Monthly Expenses: $800Monthly Mortgage Payment: $2,000ExplanationThe investor earns $3,000 in rent each month.They pay $2,000 on the investment property mortgage and $800 on other expenses.This leaves $200 profit each month or $2,400 per year.However, you have to pay $6,000 interest on the equity borrowed.This leaves you with an annual loss of $3,600.This example shows that while the rental property generates positive monthly income, the interest cost of borrowing the initial $100,000 results in an overall annual loss.
Julie Muse From $37.5K to $65K: A Strategic Flip in Crocker, MO!
28 August 2024 | 0 replies
The quick turnaround and effective project management highlighted Partner Driven's expertise in the real estate market.
Chris Price What CRM Do You Use? Why?
28 August 2024 | 21 replies
It works good and is very "hackable" to let you sort through the hottest leads.HTH...