Donald E Appleberry
First Major Deal in the works...11 property portfolio.
22 December 2019 | 0 replies
The rest however, generate $11k-$12,500K a month in gross rent.
Luann Renteria
Airbnb 1st time rental wants $ back for slow water pressure
30 December 2019 | 14 replies
At $35 a night, you could rent this for the entire month and probably gross $500 or less.
Ayodeji Kuponiyi
Techniques to Quickly Analyze 2-4 Units
16 July 2015 | 11 replies
Another ratio used for Multi's is the Gross Rent Multiplier.Good luck man, hope the info helps!
Timothy Ryan
Please Help, Formulating a Creative Finance Gameplan to help Personal Finance
16 July 2015 | 8 replies
Use the gross to pay back the hard money, pay back the points and rehab costs to the HELOC, pay all closing costs/fees, agent commissions, and set aside money for capital gains tax.
Phillip Richardson
Franchises
28 July 2015 | 27 replies
The blueprint for success already exists-it becomes a matter using the platform and properly managing employees and costs.
Daniel Smith
Newbie from Los Angeles - where have all the good cap rates gone?
18 July 2016 | 46 replies
Cap rate calculations start with Potential Gross Income.
Will Gaston
Do You Think My College Students Tenants Busted this Floor Joist?
15 February 2019 | 80 replies
The student lost his scholarship, but was not expelled.According to news reports, the CEO of Facebook told his employees to "move fast and break things."
Todd Goedeke
Solo 401k Age Limitations
18 January 2019 | 0 replies
When contributing to a Solo 401k it is mandatory that all employee contributions cease before age 70 1/2, employer contributions may continue as long as self employment earnings continue.Comments please?
Austin Stuart
gift of equity rules? 1st purchase very green
22 January 2019 | 5 replies
All Contractors are subject to the lender’s determination that the contractors are qualified and experienced, have all appropriate credentials required by the state, are financially able to perform the duties necessary to complete the renovation work in a timely manner, and agree to indemnify the borrower for all property losses or damages caused by its employees or subcontractors.Multiple Specialized Contractors: Since this is a limited repair/renovation program, no General Contractor is required.
Amar P.
STRs & how to analyze deal differently than traditional rentals
1 February 2019 | 4 replies
We plan on about 20% of gross revenue for cleaning expenses, and about $50-$80 per month in consumable supplies (because we offer lots of amenities).