12 December 2018 | 13 replies
And he should--anything bought in the 2011 to 2014 time frame should have produced some pretty outstanding returns given that rent growth in many markets (especially TX where it appears some of his investments have been located) has outpaced even the best forecasts, and cap rate compression has boggled the mind of many.I know that all of the assets I acquired during that period performed enormously well, throwing off actual IRRs between 28.7% and 63.3% for hold periods ranging from 21 months to five years.Even assets acquired in the 2014-2016 era have, in many cases, performed beyond imagination.
13 December 2018 | 19 replies
Keep in mind if he has direct vent gas furnaces, they still produce condensation from combustion.
7 December 2018 | 0 replies
Purchase price: $165,000 Cash invested: $42,000 Sale price: $179,900 Purchased this home to short term rental to produce cash flow to buy our next investment property next year.
17 December 2018 | 29 replies
You know sometimes real estate does go down. it is more likely to go down in riskier neighborhoods that can produce 20% returns.
27 December 2018 | 48 replies
I try to buy 125k properties for 100k and achieve $500 in positive cash flow so that even if rents went down and expenses went up I could still produce cash flow.
9 December 2018 | 20 replies
I hate to mention this, But I have to say, $200 cash flow before vacancies maintenance and capex means that property really is not going to produce positive cash flow.
23 May 2019 | 34 replies
However, until you've learned how to use that to produce profit, best to leave it where it is - in your home.You don't want to refinance.
18 December 2018 | 6 replies
It's producing $8,400 in gross rents (when it's not vacant.)
11 April 2019 | 9 replies
If a property can not produce acceptable cash flow ( $100+ /door /month) with a hypothetical 100% financing it is not a good investment.
12 December 2018 | 0 replies
Hello BP family,so here's what I've got going on:1- I have two rental homes that have increased in value (same tenants for years)2- My primary residence has increased in value also4- I have a business for the last 5 yrs but did not produce any income this year (just got out of property mgmt. biz)5- My spouse opened his private practice this year so the business is too new, but he has income (just not a whole lot)6- My mother in law has good credit, same job for 20yrs and wants to buy a home near us and move in it a few yrs later 7- I have a personal friend who's doing wholesale deals8- I'm a P/T realtor who sold a few homes earlier this year, but I really don't want to sell anymore, I want to be an investor8- I have no w2 income as I've tried the stay at home mom thing for the past yearSo I am trying to figure out creative/ strategic ways to get financing so I can buy more real estate/ and try the BRRRR method (stated docs?