Rob Hakes
Another Spartan Invest Turnkey Case Study
28 April 2023 | 116 replies
So in a three year period (which is the average stay) you will spend at least $950 tenanting, $475 renewal, and $1100 improvements divided by 36 months.
Renee Chase
New Invester, 300k, No tax returns, 62 years old
26 January 2020 | 56 replies
Asset dissipation works like this: when purchasing a primary or second home with 20% down, Freddie allows total assets (some restrictions on type of assets/age/etc) minus cash to close to be divided by 240 months to get a monthly "income" number.
Matt M.
If I live-in my triplex, do I have to pay taxes on rental income earned?
14 February 2013 | 20 replies
So you take the value of the improvements and divide by 27.5 to get the annual depreciation.
Becky Elder
DSCR loan calculations
27 March 2023 | 15 replies
The calculation is the monthly rental income divided by the monthly debt (interest, principal, taxes, insurance, and HOA if applicable) It is a quick and easy benchmark used in the measurement of an entity's ability to produce enough cash to cover its debt payments.
Neilrock Y.
Motel deal analysis
15 February 2020 | 9 replies
In my calculations RevPar is monthly room income divided by total number of rooms multiplied by occupancy percent.
Colby Zeller
House Hacking with Small Multi-Family
27 April 2023 | 12 replies
Larger purchases for the property have to be divided up and reported over a certain number of years.
Nelson Martinez
Beginner looking for advice
3 July 2023 | 18 replies
It's pretty simple math... take your annual income and divide it by your average yearly net income per property.
Eric Don
Laid off, 400k in accessible cash, chasing any opportunity. Help me escape the matrix
1 June 2023 | 63 replies
The freeway doesn't seem to be a big divider as the road goes right over it.
Brandon Coleman
I’m 22 years old with around $40,000 to invest.
24 May 2020 | 76 replies
Always make offers below market value at a price that will make an equity,sell or renovate ( It is imperatives to know your comparable and compare prices, Square footage and condition, calculate the cost per SF) compare dollar value (divide SF into asking price to get cost per SF) Ask "Can you help with financing", even if you get a NO, ignore that and make it a contingent in your offer.
Jim Vora
Return on investment on Tax lein
7 December 2016 | 5 replies
So if the owner owed $1000 in back taxes then $1000 in interest is the most they would have to pay as long as the auction price was high enough.SC pays up to 12%, so if you divide the amount of taxes owed by .12 this would tell you the most you should pay at auction before your interest rate starts dropping below the max allowable.