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25 April 2024 | 13 replies
Hi @Joaquin Camarasa, we are now busy with the topic trying to figure out the way/contacts via which it is possible to do this.
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25 April 2024 | 2 replies
I'm a real estate investor, private money lender and an Airbnb Ambassador.
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26 April 2024 | 8 replies
In Tampa it's common to find an entrepreneur that is running there own business and this allows me to verify how much cash they have on hand and assists me in calculating their debt to income ratio.3.
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26 April 2024 | 5 replies
@Madison Clark Many investors in the business use Rent Manager for their management program.
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26 April 2024 | 0 replies
I'm looking for possibly an internship or an employment opportunity, I'm knew to the business however I am quite informed I just need a little direction.
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26 April 2024 | 21 replies
Over the span of 5 years you will have paid $77,220 towards rent.However, you’re $22,500 downpayment invested into the S&P index fund at our assumed rate of 10.13% compounded annually will be worth $36,236.48Leaving you a net living cost of $36,236.48 – $77,200 = ($40,963.52)Overall numbers after 5 years of house hacking:Expenses include: Principal, Interest, Taxes, Insurance, Repairs/Maintenance, and Private Mortgage Insurance.You will have paid $164,239.76 towards your principal and interestYou will have paid an estimated $20,914 in property taxes and insuranceYou will have paid $5,400 in private mortgage insuranceYou will have paid an estimated $10,859 towards repairs and maintenanceFor a total expense of: $164,239.76 + $20,914 + $5,400 + $10,859 = $201,412.76However, here are the positives to your net worth: Appreciation, Loan Paydown, Rent payments from TenantsYou’re home will have appreciated to an estimated value of 560,7812 an increase of $110,782You will have paid down your loan by $26,742Your tenants will have paid $154,439 in total rentThe total benefits add up to: $110,781.87 + $26,742 + $154,439 = $291,962.87House Hacking net worth boosters minus expenses = $291,962.87 – $201,412.76 = $90,550.11(The home equity for year five is calculated using the downpayment + appreciation + loan paydown)House Hacking Vs RentingHouse Hacking net worth after 5 years: $90,550.11Renting net worth after 5 years: ($40,963.52)Leaving you a net worth benefit of $90,550.11 – ($40,963.52) = $131,513.63Here is a screenshot from our calculator on the difference in monthly payments between Renting vs House HackingThe winner is clear.
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26 April 2024 | 4 replies
My first thought was to check BP because...you know...BP.Has anyone conducted business with or heard of: https://zoodealio.com?
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26 April 2024 | 1 reply
Your very young and know the business well.Just a thought.
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27 April 2024 | 11 replies
What was the business model?
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23 April 2024 | 1 reply
I wanted to know what some of you guys did to set up an LLC to get that maximum amount of funding using business credit cards?