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19 July 2024 | 21 replies
Once you free yourself from that unrealistic goal, then you can focus on maximizing the returns on your capital.
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22 July 2024 | 71 replies
But once I got my first cash flow check, followed by a refi, I was hooked.thanks for sharingGino
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24 July 2024 | 2 replies
Any tips if I need 10k to purchase cash or suggestions for loans?
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24 July 2024 | 1 reply
High paying local jobs.Monthly cash flow: $306 /moIncome: $2,250 /moExpenses: $1,943 /moCoC ROI: 2.69%5-year annualized return 4.91% Mortgage payment $1,394.53Rental income: $2,250/mo Expenses: $1,943Loan detailsTotal cash needed $136,739Purchase price$ 336,990Loan amount $206,990Loan term 30 yearsInterest rate 7.1%Monthly expense breakdownTotal expenses $1,943Mortgage $1,395Taxes $280Insurance $47Variable expenses $180Fixed expenses $42Monthly Fixed expenses: $42 electricity $0gas $0water & sewer $0hoa fees $42garbage$ 0Other$ 0Monthly Variable expenses $180Vacancy $180Maintenance $0 (new construction)CapEx $0 (new construction)Management fees $0 (self manage)ReturnsNOI$ 20,412CoC ROI 2.69%Pro forma cap 6.06%Purchase cap 6.06%
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24 July 2024 | 26 replies
Feel free to send it my way.
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22 July 2024 | 13 replies
Looks like Landlord wants to terminate the lease without costs to him, he gave me a check for the security deposit (with memo noted: lease cancellation) and keeps insisting that I cash itI didn't agree nor imply that I want to terminate the lease and I didn't cash the check
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24 July 2024 | 7 replies
Her and her bf plan on converting a section of the house to an attached ADU to help with bringing in some cash flow and renting out the other bedrooms to some friends of theirs.
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24 July 2024 | 14 replies
They also typically have a free two week trial.
25 July 2024 | 8 replies
An hour drive may be difficult at first, but the thought of cash flow at the end of the month will make the drive worth it.Good luckGino