Trina P.
[Calc Review] Help me analyze this deal
24 April 2018 | 4 replies
Lower cash flow rates are a common side affect of the BRRRR strategy.
Tony Marcelle
Paying off mortgage balance
25 April 2018 | 5 replies
It would seem hard to negotiate a lower asking price if the seller needs to sell for what was owed on the house.
Jeff Long
How to calculate cash on cash return and cash flow using HELOC
25 April 2018 | 1 reply
There aren't many 2 car garages in the area that are this usable (some are mostly unusable).Initial Repairs: $7-10k (mainly new paint, carpet, lower cabinets in the kitchen, glass block in basement and upstairs bathroom, updating bathroom)Expected Rent: $700/mo (probably doing Section 8)Expenses = $310/mo (based on items below).10% Property Management: $70/mo10% repairs/maintenance: $70/moRE Taxes: $35/moInsurance: $57/mo10% Cap X: $70/moI've used different real estate calculators but since they ask for the information differently I seem to be getting different numbers for my cash on cash returns and cash flow.
Edlira Clevenger
Buying the first property
25 April 2018 | 8 replies
Zack Karp In fact that lender didn’t use the projected rent but the current one which is way lower than what we expect to get as the house will be rented by room to students.
Hilary C.
What was your worst home renovation fail!?!
27 April 2020 | 115 replies
The kids paid the 'lower priced' bidder of $8k for that bathroom rehab & had already bought all the fittings, tub & tile etc.
Ryan Moore
Should I get pre-qualified now or later?
24 April 2018 | 10 replies
says the borrower), half the time it's too high (which sets the borrower up to be disappointed when the accurate number is lower than what I said).
Julie Marquez
Do you need Title Insurance for Vacant Land?
5 May 2018 | 11 replies
@Jon Holdman It appears on the surface that the risk is lower on a vacant piece of land, but insurance exists for the things you can't see.
John Lee
How did flipper get property lower than market?
24 April 2018 | 2 replies
I checked the property appraisal for the sell price and it was $172,700, even lower than the county appraisal value of $206,607.
Charles H.
Cash-flow expectation as interest rates increase
26 April 2018 | 9 replies
- Do you lower your CoC and monthly CF as interest rates increase or do you look for a better deal?
Mark K.
Quest water lines (polybutylene)
24 April 2018 | 3 replies
The building does have quest water lines that are all behind drywall except when they connect to fixtures and appliances.It would be expensive to repipe this as a lot of drywall would have to be cut and then repaired.I know it's a risk to wait for a leak to start and then to repair just that section.I'm getting an ok buy price and the seller won't go any lower.