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Results (10,000+)
Richard Hoyte Having trouble understanding where the profit is
27 May 2024 | 14 replies
When you sell the property and gain the difference between the sale price and the cost to you, that's profit.Net profit to you on a rental is the cash flow. 
Angelo Aguirre First time home buyer! Where do I start?
25 May 2024 | 26 replies
The only negatives with an assumable loan is that they take longer to close, 60-90 days generally, and you would also need to come to the table with a little cash to cover the sellers equity (if any) and some other closing costs
Reaz H. Cost segregation strategy for LTR/STR mixed use MFH
23 May 2024 | 7 replies
Once you depreciate a property one way, I don't think you can make changes once the ball is rolling ... especially if you cost seg and bonus depreciate.
Henry Lazerow Be sure to raise your rents in 2024!
27 May 2024 | 14 replies
Rising insurance costs are probably the number one driver right now of our overall expenses.
Henry Lazerow Significant saving after switching to Allstate for 2-4 units in chicagoland
26 May 2024 | 9 replies
I've seen a lot of Allstate rental properties with ACV or market value coverage rather than Replacement cost and other tricks to reduce coverage levels.  
Kris DeVito Milwaukee Neighborhoods - Where to look, where to avoid
28 May 2024 | 17 replies
In that environment buying in the hood becomes very tempting, but that little bit of cash flow comes with a huge cost in headaches, the probability of property damage (things like a charcoal grill in the living room) and long term you might just be treading water.Average net cash flow is probably around $200 per door after you have stabilized the property, so you need a few units before it amounts to something.
Rachel H. Reimburse Tenant for Furniture Anchors?
26 May 2024 | 5 replies
If it’s a safety issue, I’ll of course make sure the premises are as safe as they were before any required maintenance was done, but she is now suggesting that if I don’t reimburse her for those specific anchors, I am violating fair housing laws for familial status and/or tenants rights regarding not incurring costs for required repairs.
Jonathan Lane CASH OFFERS AND PROOF OF FUNDS LETTER
27 May 2024 | 23 replies
She called it a cash offer, but included a letter from her hard money or private lender (same thing, really) stating the lender is good to go with the deal, the lender has plenty of liquid cash, the buyer has his 20% down payment and cash for closing costs, and there is no financing contingency.3.
Darnell Fenderson First Time BRRR
27 May 2024 | 19 replies
If you sold the quad there are costs involved, and then you have to find somewhere else to live.
Sean Bramble Anyone done a "Morby Method" deal? Zero down creative strategy
23 May 2024 | 35 replies
., pay off their existing loan, closing costs, and/ or put some cash in their pocket, etc)There are 2 "legs" of the transaction.