Adam Dobbins
Thoughts or experiences on window units vs Central HVAC on rental
19 October 2018 | 2 replies
I’m looking for rentals in a new area of investment for myself and am noticing that many of the listings do not have Central AC.Can someone tell me of their experiences and thoughts on buying duplexes/tri’s and the sort with window units VS Central AC.The area that I’m looking at generally has a fast turn around for renters, as the area is growing and has a large college nearby.Also, How long do your window units last in comparison with what the manufacturer suggests?
Ana Marie B.
Recommendations for Prop Mgrs in Seattle, WA
23 February 2017 | 3 replies
Also, thanks Lane for that comparison...6% definitely sounds better than 8.5%.
Fred Fleury
Deal analysis - 710k Triplex in Mid-City (LA)
28 December 2019 | 18 replies
.....................2,723.00(-) Mortgage at 4.4% 25% DP.........2,704.00Monthly cashflow.....................19.00 So looking at this I'm thinking:- Property seems to break even, but good potential for appreciation with TLC and considering the developing neighborhood- For reference it doesn't meet the 1% rule, but gets 0.6%, which looks better than many properties in LA- Large out of pocket for down payment, closing costs and rehab My context:-I'm considering househacking for personal reasons such as: proximity to work, for getting started in rei, because I want to be hands-on in the process and be around the property (at least the first) to learn everything, not necessarily looking for cashflow-If I moved in then of course the cashflow would become negative, but let's consider good odds of minimizing expenses and growing rents, and this negative cashflow does not exceed what I currently pay in rent- In a market comparison of 30-40 properties this triplex seems to be a little slightly below market valueConclusion: When it comes to cashflow and money down this doesn't seem like a good deal, but it looks like an interesting option to me personally.
Tony Wilson
Purchasing rental property using a line of credit
14 January 2020 | 6 replies
The best advise I can give you right now is to educate yourself on real estate investing (a lot of resources available to you), so you have some general idea of what would be acceptable by the means of society as well as comparison of what other people are getting.
Nick Rittmann
Tampa, Fort Myers, or HAWAII??
14 February 2020 | 8 replies
. #1: Warm water and warm weatherIt all comes down to personal preference but to me, as an avid snorkeler and SCUBA diver, there is no comparison between Hawai'i and these locations in FL.
Dominic Lupe
Im having financing issues and a great off market deal
13 September 2022 | 14 replies
I have a software that can show multiple scenarios side by side so you can see the payments and other details for comparison if you are needing more information to help you make a decision.
Toben B.
What percent should closing costs be on cash out refi of $140K
3 February 2023 | 4 replies
Discount/buy-down points are discretionary to the buyer and should be zeroed out for an apples-to-apples comparison.
Nathan Wang
1st post, planning for 1st property, Rent SF or Buy Portland?
5 October 2017 | 1 reply
If someone can provide a model to work from to begin a comparison, that would be super appreciated.
Subhash Reddy
New Member from SF Bayarea
29 March 2017 | 10 replies
Each market has pros and cons, but most plays will be made for cash flow and not as much for appreciation, especially in comparison to the West Coast markets.
Rick Alvi
Reliable & Good Flood Map / Tool for Houston area?
1 February 2017 | 15 replies
I might as well ask another question since on this topic, is there a way to determine flood insurance costs and comparisons using the tools for the Houston and surrounding areas?