Ismael Ayala Jr.
Rejected by local mentor
6 June 2024 | 4 replies
As he technically didn't, but I kind of read in-between the lines.My question is: Where can I be better for a coach to see the benefit in training me.
Hamidou Keita
Newbie with questions about other newbies experience in Newbie wit real estate market
7 June 2024 | 1 reply
We are at likely record high price to rent ratios (like much of the country) without much upside on rent growth in the mid-term paired with steeply rising taxes, financing, and insurance costs.
Christopher Stevens
ChatGPT can calculate ROI and cash flow
5 June 2024 | 14 replies
Loan amount: $135,000 - $40,500 = $94,500Using a mortgage calculator, we can calculate the monthly mortgage payment:- Principal and Interest: - Loan amount: $94,500 - Interest rate: 5.5% - Loan term: 30 yearsUsing the formula for a fixed-rate mortgage, the monthly payment is approximately $535.89.Next, let's calculate the monthly cash flow:- Monthly rental income: $995- Property taxes and insurance costs: $101Monthly Cash Flow = Rental Income - (Mortgage Payment + Property Taxes & Insurance Costs) = $995 - ($535.89 + $101) = $995 - $636.89 ≈ $358.11Now, let's calculate the ROI:ROI = (Annual Net Income / Total Investment) * 100Annual Net Income = Monthly Cash Flow * 12 ≈ $358.11 * 12 ≈ $4,297.32Total Investment = Purchase Price + Closing Costs = $135,000 + $5,500 = $140,500ROI = ($4,297.32 / $140,500) * 100 ≈ 3.06%So, the monthly cash flow on the property is approximately $358.11, and the ROI is approximately 3.06%."
Julie Muse
Pin Oak Drive: Rapid Profit Sale with Mike Hardin!
7 June 2024 | 0 replies
Together, we negotiated favorable terms with the seller, ensuring a swift and beneficial transaction.
Graham Atwater
Elderly owner, creative financing solutions!
4 June 2024 | 4 replies
I’m trying to structure a deal that genuinely benefits the seller and I.
Zak Beard
First Property Out of State
5 June 2024 | 27 replies
In terms of cash flow, it’s definitely possible in the Midwest.
Julie Muse
Powder Branch Road Flip: Big Profits in Johnson City with Ryan Phipps!
7 June 2024 | 0 replies
Together, we negotiated favorable terms with the seller, ensuring a beneficial deal.
Patrick Gerety
I don’t know where to start. Looking for direction
5 June 2024 | 28 replies
This will give you several benefits.
Julie Muse
Oak St Triumph: Major Profits in Galt with Seth Choate
7 June 2024 | 0 replies
Together, we negotiated favorable terms with the seller, ensuring a beneficial deal.
Sehyun Lim
Choosing a Long-Distance Rental Property: Where to Invest?
6 June 2024 | 8 replies
Short-term?