Chris R.
House hacking & +/- cash flow (while owner occupied)
1 September 2016 | 14 replies
However the math is simple… run an amortization calculator see what the taxes & Mort payment are, and then know what a flat in that area rents for, With that said here is 2 typical examples of Albany propertiesNew Scotland area 2 family’s run around 220k, 6k taxes, 1k insurance payment would be around 1570 a month, typical rentals would be around 1300Washington ave areas 2 family will run around 140, 3500 in taxes, 1k insurance would be about 1000 a month, with rentals being around 1000 a month.So you pretty much can break even in the not as good areas, grab a roommate or 2 and you’re really cash flowing.But don’t forget about the big savings of the low down payment and locked in low interest rate when you plan on exiting in 2-3 years
Josh Tyler
How does Loopnet calculate Cap Rate?
8 September 2016 | 9 replies
Needless to say brokers and owners put properties on there that typically have had off market exposure for 1 month or longer.
Patrick Wheeler
Banked Owned/LLC Properties On MLS Public Records
18 December 2016 | 3 replies
Typically the properties are sold as is and require rehabilitation loans, or cash offers.
Josh Martin
Nashville Property Equity or Outstanding Loan Amount Research
13 October 2016 | 3 replies
You can typically do the math from there.
Charles Wiegert
Loopnet Disclosed Financials
28 August 2016 | 10 replies
In our area, we typically budget for taxes to go up to 80% of the purchase price, but lately its more like 90-110%.
Keith Fowler
Quit my Job, Cash out my 401K, buy more RE investments.
3 September 2016 | 33 replies
@Mike ReynoldsA ROBS 401k is referred to as a Rollover Business Startup 401k because it allows you to finance your own business startup without paying taxes and penalties.
Allende Hernandez
Need references in Kissimmee
25 August 2016 | 0 replies
Hi folks, I need referrals for a serious roofer and A/C guy in Kissimmee, FL.I'm in the inspection period for a property I'm buying and need estimates for some repairs as soon as possible. Thank you in advance! !
David Bell
BRRRR #'s Indianapolis
28 August 2016 | 2 replies
Does anyone know what's typical or know where I can find what % I should put in the calculator for the following in Indianapolis :Vacancy Repairs and Maintenance Cap ExAnnual GrowthAnnual PV Growth Annual Expenses GrowthSales Expenses Thanks!
Gabriel H.
Purchase Primary Residence or Save for Next Investment
26 August 2016 | 2 replies
Obviously, more might come out during DD when I get the financials.In a typical buy & hold deal, I look for 12-15% cash on cash and somewhere around 30% total annualized ROI.
Jay P.
save my first time home buyer low interest rate for later ?
25 August 2016 | 3 replies
What "first time home buyer low interest rate" are you referring to?