
9 July 2024 | 5 replies
The current market value of the home is about $645,000.Key Details:Purchase Year: 2020Purchase Price: $415,000Current Market Value: $645,000Mortgage Interest Rate: 2.99%Equity: $320,000Current Monthly Cash Flow: $1,450Return on Equity (ROE): 5.44% (without variable expenses)Return on Investment (ROI): 14.5% (without variable expenses)However, I've noticed some trends that are starting to concern me:- Home prices in my area are slightly reducing, and rental prices are also on the decline.- There are more houses listed for sale and rent in the neighborhood, which is pushing rent values down.- My current lease is up in September and the tenant is leaving, and I expect my monthly cash flow to reduce to $950, lowering my ROE to 3.57% and ROI to 9.5%, again, without variable expenses.- Homes are staying on the rental market for a few weeks, sometimes months, even at lower prices.

11 July 2024 | 1 reply
I currently own 1 rental property with no mortgage and am looking to learn how to get my second deal.

11 July 2024 | 1 reply
I'm currently diving into the world of commercial real estate with a specific focus on RV and boat self-storage investments.As I'm just starting out, I'm here to learn as much as possible and to connect with experienced investors and professionals.

11 July 2024 | 1 reply
I currently am franchising stores for a few years now and am seeing the leases we sign and square footage we pay for.

11 July 2024 | 4 replies
To assume the simplest thing and answer your question: if you're having a hard time attracting buyers, its likely the property is overpriced for its current condition/location/overall etc.

12 July 2024 | 10 replies
I currently live in a house hack and have been doing it for years and have saved a ton of money because of it!

9 July 2024 | 11 replies
We initially met with a couple builders my father has worked with previously and are currently awaiting for detailed breakdown of cost estimates.What would be recommended for taking out a loan for this build?

6 July 2024 | 11 replies
I have heard people on these forums talk about using the Nest thermostat to set a maximum low + high temperature, to keep guests from blasting the a/c or accidentally bumping the heat up to 98.

9 July 2024 | 5 replies
He also said insurance and taxes can be too high eating DSCR loan with current rate and I will make less money than Ohio and Kentucky state (example).

10 July 2024 | 2 replies
Then after 1 year you can get another low down payment loan.