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21 May 2024 | 15 replies
We offer full-service management for a flat, monthly fee ($130/unit), plus 10% on any maintenance costs.
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22 May 2024 | 10 replies
.### Calculating ROI- **Total profit (not accounting for costs like maintenance, taxes, etc.):** Total amount received - initial investment = $601,816.40 - $235,000 = $366,816.40.- **ROI over 30 years:** ($366,816.40 / $235,000) x 100 = 156.09%.### Calculating Annualized ROI (CAGR)The formula for CAGR (Compound Annual Growth Rate) is:\[ CAGR = \left(\frac{Final\ Value}{Initial\ Value}\right)^{\frac{1}{Number\ of\ Years}} - 1 \]In your case:\[ CAGR = \left(\frac{\$601,816.40}{\$235,000}\right)^{\frac{1}{30}} - 1 \]Let's calculate this:\[ CAGR = \left(\frac{601816.40}{235000}\right)^{\frac{1}{30}} - 1 \]\[ CAGR = (2.56)^{\frac{1}{30}} - 1 \]\[ CAGR \approx 1.0303 - 1 \]\[ CAGR \approx 0.0303 \text{ or } 3.03\% \]This means your annualized return is about 3.03% each year over 30 years.
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17 May 2024 | 6 replies
If it is needed kindly let me the know the expected cost incurred for the inspection and also a good inspector contact?
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20 May 2024 | 11 replies
Charge them for smoking remediation (#2 cost made real).
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20 May 2024 | 14 replies
After the closing cost, this home will probably cost me around 35k to purchase.I'll have 35k left to do another investment.
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21 May 2024 | 2 replies
does this include all the expenses, capex, maint costs etc?
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21 May 2024 | 1 reply
Additionally, Millennials rely heavily on online platforms and mobile apps for property search, virtual tours, mortgage applications, and transaction management, reshaping the way real estate transactions are conducted.Delaying Homeownership and Embracing Renting: Despite their strong desire for homeownership, many Millennials face financial challenges, including student loan debt, stagnant wages, and high housing costs.
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21 May 2024 | 58 replies
Much like many of the so-called gurus, the cost for their "training" will eventually run into tens of thousands of dollars.
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20 May 2024 | 8 replies
The same loan brokers that do MH also do RV, as do the insurance companies.We own both, and the only benefit of an RV park is that -- if you find the right one -- you can ramp up revenue faster because it costs you nothing to fill a vacant lot.
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22 May 2024 | 13 replies
The other consideration is the opportunity cost of buying just for appreciation.