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20 February 2024 | 5 replies
Build and nurture as many relationships as possible so you can use the commission/extra income from these deals to put towards your next investment property!
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20 February 2024 | 0 replies
Income, and solid foundation for future investments Lessons learned?
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20 February 2024 | 1 reply
All corporations and limited liability companies doing business in Pennsylvania are required to pay corporate net income tax."
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20 February 2024 | 1 reply
❌ Previous Rent: $1,100✅ Post Reno Rent: $2,000 (plus utilities)Original Underwriting: $1,900$900 monthly rent increase$10,800 additional income per year (excluding utilities)We spent $35,000 for a premium level renovation.= 30.8% return on investment (ROI)We target an ROI between 25% - 35%.
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20 February 2024 | 2 replies
I have income income to off-set some negative months.What do you all think is a better idea?
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20 February 2024 | 4 replies
If free and clear should also consider a DSCR loan 30 year fixed no income no doc
20 February 2024 | 2 replies
Have an idea of the limits you want quoted - Building - cost to rebuild - Contents: do you have any business property there (appliances that are not built-in, maintenance equiptment, furnishings in common areas) - what is the cost to replace them - Business Income: What is the total rents minus the costs that don't continue - Liability: What limit are you looking for2.
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20 February 2024 | 3 replies
You'll want to make sure your tenants can comfortably afford the rent—usually, their monthly income should be about three times the rent.
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19 February 2024 | 28 replies
While I appreciate the initial concept, a gradual approach might be more prudent.
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18 February 2024 | 7 replies
My investment strategy revolves around viewing cash flow as a tool to build reserves for both short and long-term capital expenditures.One key aspect of wealth accumulation in real estate, as you rightly mentioned, is the gradual reduction of your principal mortgage balance by others and the accrual of forced equity and natural equity through market appreciation.I operate Elevation Appraisal in the valley and serve as an agent with Windermere Bozeman.