
10 February 2020 | 29 replies
@Tom Ristau Hi Tom, I will check out the app you suggested.

4 February 2020 | 1 reply
What website or app should I visit to get connected with potential landlords?

13 February 2020 | 31 replies
Then make an educated decision on which strategy is the right fit for you.

15 January 2022 | 9 replies
I won't get into the specific math here cause its nerdy and not necessary, but I spent some time 'fitting a curve' to our data and here is what I came up with: Here's what is going on in this graph: The labels on the X-axis are the median rent for a given city (I am purposely omitting the city names here).

21 July 2020 | 4 replies
I'm a local northern Nevada real estate investor looking to build up my network more, let me know preferred investment vehicle and what you can bring to the table (I.e. skill/trade, money, investment, ...) and I'll see if I can find a fit for you.

4 February 2020 | 0 replies
You can’t begin to determine a prospective tenant’s fitness to rent without asking the right questions.

4 February 2020 | 3 replies
So that fit exactly into what I shoot for.

5 February 2020 | 1 reply
Here's the math I did:MonthlyIncomeRent $12,000 ($1,500 a door)less monthly Operating Expense$5,613 (including vacancy factor $600, property taxes $1,333, insurance $560, maintenance $960, management $1,200, replacement reserves $960) which fits almost 50% ruleThen, Net Operating Income (NOI) $6,386.67/monthless monthly Debt Payment$4,816.79 (based on purchase $905,000 w 20% down, estimated 7% interest rate on a 30-year loan)CashFlow$1,569.88/month (on average $196 a door)Total Investment: $198,000 (including $181,000 for 20% down plus $10,000 for repair budget and $7000 for closing assuming Seller doesn't help with the closing cost)Cash on cash Return: 9.5%DSCR (NOI/Debt payment): 1.33Cap Rate: 8.4% (I used purchase price $905,000 plus repair budget $10,000 for the market value)Thank you so much!

5 February 2020 | 3 replies
Here's the math I did:MonthlyIncomeRent$12,000 ($1,500 a door)less monthly Operating Expense$5,613 (including vacancy factor$600, property taxes$1,333, insurance$560, maintenance$960, management$1,200, replacement reserves $960) which fits almost 50% ruleThen, Net Operating Income (NOI)$6,386.67/monthless monthly Debt Payment$4,816.79 (based on purchase $905,000 w 20% down, estimated 7% interest rate on a 30-year loan)CashFlow$1,569.88/month (on average $196 a door)Total Investment: $198,000 (including $181,000 for 20% down plus $10,000 for repair budget and $7000 for closing assuming Seller doesn't help with the closing cost)Cash on cash Return: 9.5%DSCR (NOI/Debt payment): 1.33Cap Rate: 8.4% (I used purchase price $905,000 plus repair budget $10,000 for the market value)Thank you so much!

5 February 2020 | 4 replies
Here's the math I did:MonthlyIncomeRent$12,000 ($1,500 a door)less monthly Operating Expense$5,613 (including vacancy factor$600, property taxes$1,333, insurance$560, maintenance$960, management$1,200, replacement reserves $960) which fits almost 50% ruleThen, Net Operating Income (NOI)$6,386.67/monthless monthly Debt Payment$4,816.79 (based on purchase $905,000 w 20% down, estimated 7% interest rate on a 30-year loan)CashFlow$1,569.88/month (on average $196 a door)Total Investment: $198,000 (including $181,000 for 20% down plus $10,000 for repair budget and $7000 for closing assuming Seller doesn't help with the closing cost)Cash on cash Return: 9.5%DSCR (NOI/Debt payment): 1.33Cap Rate: 8.4% (I used purchase price $905,000 plus repair budget $10,000 for the market value)Thank you so much!