Amari Walton
In need of some serious advice/guidance
28 October 2018 | 6 replies
Again you are asked professional questions reserved for CCIM and local licensed brokers only.
Beth Cannon
Mini Split Heat Pumps
31 October 2018 | 7 replies
They say technology has gotten better but I’m a little reserved on it.
Lexi Teifke
Real Estate Statement that I love. Simple but wise.
2 November 2018 | 15 replies
As for the rest, there are major differences between Net Operating Income and Net Annual Income (or annual Cash Flow – which I consider the real measure of an investment performance, how much money puts in my pocket on a regular basis) and Cash on Cash Return on Investment.Net Operating Income is calculated before debt.Net Operating Income = Gross_Annual_Rent – (Vacancy + Operating_Expenses)Where Operating Expenses = Taxes + Insurance + Monthly HOA x 12 + Monthly Management Fee x 12 + Repairs and Incidentals (Warranty, Utilities if any paid by owner and/or during vacancy, CapEx reserves, etc., don’t forget the CPA and Lawyer costs) Again Net Operating Income is calculated before debt - what matters more is the NET Annual Income (or annual cash flow): NET Annual Income = Net_Operating_Income - Mortgage_PaymentsAnd that leads to the Cash on Cash Return on Investment: C/C ROI = Annual Cash Flow / (Down Payment + Closing Costs)And I’m willing to bet you don’t get C/C ROI above 10% on any SFR in Austin area (based on these calculations and bought with conventional means, not subject-to or assumptions, or owner financing or other creative financing).
Nick Kellar
Rental depreciation and deductions - getting started
28 October 2018 | 5 replies
In July I completed a lot of updates to the house (new well, new 200 amp electrical service and panel, new windows, replaced forced air ductwork, added a bathroom.
Zach Barber
How to deal with maintenance issues while working a full time job
28 October 2018 | 6 replies
If it's something pressing (e.g. no heat) I will go over after work and do the service call.
Michael Mho
Looking for a PM in Detroit
16 November 2018 | 2 replies
Make sure it explicitly explains the process for termination if you are unhappy with their services, but especially if they violate the terms of your agreement.3.
Nick Larkins
Living in your property
28 October 2018 | 1 reply
You need to have some money in reserve, basically with only 25K after the down payment it's going to be dicey until you rebuild the reserves. 75% of 133 - 88k owed, you may be able to get a HELOC for 12K, maybe a little more.
Lu Chen
First-time investor looking for Out-of-state turnkey
21 April 2021 | 29 replies
Do you provide similar services as they do?
Javier Perez
Handyman Recommendation Miami Florida area
21 November 2018 | 1 reply
Hi, I'm looking for recommendations for a handyman that can service the Miami FL area?
Kevin Rhoden
Question about marketing!!!
1 November 2018 | 3 replies
You need to approach the service provider directly.