Wes M.
Hi from Wilmington, NC!
2 May 2018 | 6 replies
I also run a side-venture providing custom property reports and due-diligence services.
Filip Petrevski
Looking for excellent home inspectors in Chicago.
1 May 2018 | 2 replies
Jon T Olsen with Diamond Home Inspection Services
Ostany D Isaac
Collecting back rent from Judgement
1 May 2018 | 1 reply
You could try to find a collections service or lawyer who does this type of thing.
Joe R.
100% bonus depreciation question
9 March 2019 | 6 replies
You can elect to treat certain qualified real property placed in service during the tax year as section 179 property.
Andy Odano
What's the best way to get into an income property?
3 May 2018 | 23 replies
I guess the better question is, regardless of DIY or TK, and without having local knowledge or someone to assist you with local knowledge, how does one go about vetting the services of any given provider?
Mike DeBuccio Jr.
Looking for agents in Tampa
2 May 2018 | 6 replies
This is not the Marketplace, you cannot advertise your own services in this thread.
Paige Kelsey
[Calc Review] Help me analyze this deal
10 May 2018 | 4 replies
I look at deals from a few different ratios: DSCR (Annual NOI / Annual Debt Service) DY (Annual NOI / Loan Amount) Mortgage Constant (Annual PMT / Loan Amount) Cash on Cash return (Annual NOI - Annual PMT) / (Property value - Loan Amount) Cap Rate (Annual NOI / Value of the Property) all of those ratios I can calculate based on the questions I asked above.
Peter Callahan
A question for any agents out there
3 May 2018 | 2 replies
Then you tell the seller that you know a great handyman service.
Peter Callahan
A quick question for working agents.
3 May 2018 | 2 replies
Then you tell the seller that you know a great handyman service.
Jake Graham
Should I analyze deal as 100% occupied?
4 May 2018 | 6 replies
The formula(s) would look like:Potential Gross Income (PGI) = full rents + any other income at 100% occupancyminus Vacancy & Collection Losses (8-10%) is typically usedequals your Effective Gross Income (EGI)Then you subtract your operating expenses (taxes, insurance, management & legal fees, repairs, utilities, lawn service, pest control, etc., and a reserve for capex) to get your Net Operating Income (NOI)From your calculated NOI, you can really start digging deep:Subtract your debt service from your NOI to get your cash flowDivide your NOI by the acquisition cost to get your cap rateTake your NOI, add the reserve for capex back in, then subtract your mortgage interest, to get your taxable incomeDivide your NOI by your debt service to get your debt coverage ratio (tells you how many times will your NOI will cover your debt/mortgage payment).