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Results (10,000+)
Michael Travis Determining max offer on BRRRR investing
1 May 2018 | 5 replies
So I would be in it $405k making $25k profits from rehabbing then profits from increased rental revenue.
Erik Orozco House Hacking my 1st Property
3 May 2018 | 4 replies
I increased the rent from $600 to $625 and signed a new month to month lease with 3 of the tenants.
Nicholas Misch Need Advice on a VA loan Refinance
2 June 2018 | 6 replies
That money will create more wealth and pay for the increased interest times over.Best of luck and TYFYS!
Paige Kelsey 5 Reasons Your Commercial Real Estate Broker is a...
2 May 2018 | 27 replies
And lastly some brokers purposely don’t advertise properly at least at first in order to increase the chances of double ending the deal.
Charlotte Chew San Antonio: hard to rent & sale 2 bedroom homes?
4 May 2018 | 5 replies
I'm considering converting the utility room into a full bath but wasn't sure if it'd help increase rent and value as much as how much cash I'd put into it.
Eric Booker What is the best strategy for rehabbing occupied units
30 April 2018 | 5 replies
A $10k rehab creates demand for the unit, which reduces turnover, and increases the quality of tenant. 
John Harrington Any insight on the HARPTA tax law
3 May 2018 | 4 replies
Such documentation may include:  Closing statement when the property was purchased showing the purchase price;  Documentation showing the depreciation allowed or allowable, if any;  Documentation for any capital improvements and other increases in basis; and  Documentation showing decreases to basis, including any deferred gain from any prior sale(s).
Brian Zaug Can I evict with partial rent payment?
30 April 2018 | 6 replies
He explained that if he kick his tenant out, the cost of a vacancy, plus cost of fixing the place, he won't make it back for at least 18 months, that's even with a rent increase.
Bob E. Changing Title to Another Entity After Doing a 1031
30 April 2018 | 4 replies
., Your accountant can just look at a contribution into the LLC in exchange for increased capital basis.
Ryan Davis Please help, more loans?
30 April 2018 | 0 replies
. :-)OPTION 1Current home value - 425000Extra payments - 4000Total interest spend over the loan - 85000Resulting equity - 340000 (425000-85000)Time to pay off the remaining loan in months by paying 4k extra per month - 28 monthsNext loan amount - 540000 (600000 - 60000 10% down)Extra payments - 8000Estimated home value after 10 years - 625000 (modest evaluation)Total interest spend over the loan - 60000Resulting equity - 565000 (625000-60000)Time to pay off the remaining loan in months by paying 8k extra per month - 56 monthsNext loan amount - 540000 (600000 - 60000 10% down)Extra payments - 10000Estimated home value after 10 years - 625000 (modest evaluation)Total interest spend over the loan - 50000Resulting equity - 575000 (625000-50000)Time to pay off the remaining loan in months by paying 10k extra per month - 47 monthsOver 10ish year I will have a total equity of 1.48M which is an average monthly increase in personal net worth of about 12,000 over this timelineOPTION 2Current home value - 425000Extra payments - 1000 (it would drop from 4k because 2k would go to the other loans principle and I would lose 1k as an expense for the extra loan)Total interest spend over the loan - 95000Resulting equity - 330000 (425000-95000)Time to pay off the remaining loan in months by paying 1k extra per month - 64 monthsNext loan amount - 405000 (450000 - 45000 10% down)Extra payments - 2000Estimated home value after 10 years - 500000 (modest evaluation)Total interest spend over the loan - 100000Resulting equity - 400000 (500000-100000)Time to pay off the remaining loan in months by paying 2k extra per month - 131 monthsNext loan amount - 405000 (450000 - 45000 10% down)Extra payments - 0 (money is being used for other loans)Estimated home value after 10 years - 500000 (modest evaluation)Total interest spend over the loan - 330000Resulting equity - 170000 (500000-330000)Time to pay off the remaining loan in months  - 360 monthsOver 10ish year I will have a total equity of 1.29M which is an average monthly increase in personal net worth of about 9,800 over this timelineI know this is very detailed and you would probably have to spend a few hours figuring this out, but If you could help me by providing some benifits to option 2 that would be helpful.Thank you