Ladd Krestan
Jamestown NY investing
17 April 2024 | 16 replies
However with good property manager and not a slum type tenant they pay like clockwork as they are 50-65 years of age lot of them working at grocery store or school etc.
David John Forliti
Conflicting information on 2BR/3BR vs larger houses
18 April 2024 | 14 replies
Then look at occupancy and nightly rate.
Selina Giarla
Where Are The Deals!?
18 April 2024 | 87 replies
She was also able to refinance the loans that made sense to near rock bottom rates when rates were low.
Allen L.
Anyone have whole life insurance policies?
18 April 2024 | 5 replies
Has the borrow rate historically been lower than the dividend rate?
Steven Gough
HELOC on Investment Property
18 April 2024 | 5 replies
The difference between the two is an entire new loan or a second equity tap which will give you whats called a "blended rate" option.
Alex Nguyen
Price vs. Value What is your choice?
18 April 2024 | 1 reply
Use it to see how much cash flow a property could generate.Market Research Mastermind: Become an expert on the area's rental rates, vacancy rates, and appreciation trends.Renovation Reality Check: Don't underestimate the cost of fixing up a property.Price is Eye-Catching, Value is KeySure, a low price tag might grab your attention, but remember, true success comes from finding properties with exceptional value.
Babu Byrapuneni
Rental balance sheet
18 April 2024 | 4 replies
If you are using an accounting software, it is impossible for the assets to not agree with the equity / liabilities.Did you factor in everything from the closing statement(such as pro-rated rent, closing costs, lender fees, etc)Did you use a PM company, if you did, did you factor in incorporating the PM Statements.Again, if you are using an accounting software, and factoring in all the transactions from your bank account / credit card, it should not be off.
Liran Afergan
Traveling Nurses Rental
19 April 2024 | 10 replies
@Liran AferganWe do medium-term rentals in our own rentals in Colorado Springs and Denver (and work with a lot of investors doing mid-term rentals), and the rental rates are more like 1.3-1.5x that of long-term rents.
Josh Lyons
What is a ballpark percentage to assume SFH rents will increase per year long-term?
18 April 2024 | 8 replies
In my models, I have expenses (less mortgage payments) track the same number so I find the total rate of return to be relatively insensitive to this number.
Nami Sharma
Need Guidance for First-Time Investor
18 April 2024 | 2 replies
It's fully rented at the moment and has a cap rate of 10%, which seems promising.