27 August 2023 | 8 replies
So your taking the total market revenue and dividing it by the # of active rentals and that give you the revenue per active listing.
20 August 2023 | 9 replies
The property was soon ready to be assigned to a new buyer, and the assignment fee would be divided between Alex and the Gator, reflecting their collaboration and shared success.Word of this extraordinary partnership spread like wildfire throughout the real estate community.
12 September 2023 | 6 replies
I find it is mighty helpful to start with the goals in mind, assess your current situation and plot a course to bridge the two.GoalsStart building a rental portfolioNeeded a place to live and did not want to rentSafe locationSubsidized living (house hack)GaragePrivacyAble to commute to workValue add play that I could do myself or hire a contractor without breaking the bankSolutionProperty: DuplexCondition: Cosmetic rehab & rents under marketNeighborhood: 1970ish, safe, long but doable commuteGarage, big yard & sub dividable – will build DADU eventuallyDid not match any of the "standard" rules.Results over time (5+ yrs)2x equityCash flows $1500/moFully rehabbedUsed a HELOC to finance another property’s rehab
31 October 2023 | 38 replies
DSCR = NOI divided by the amount due to the lender/seller.
20 October 2023 | 5 replies
So my efforts is to help them sell now through creative financing but have not been able to either: - Find a buyer that can bring in a great amount of cash upfront OR- get the Seller to agree to accept to divide his loans; the reno loans paid off, but the mortgage to continue to be paid for the length of it's term.
17 July 2021 | 116 replies
It will do no good except to further divide a society that is on the brink of falling apart as we speak.
2 April 2023 | 6 replies
Now, take the number of hours you are putting into it and divide into the left over profit and see how much you make an hour vs not going that route.
17 April 2023 | 17 replies
Multifamily property values are determined by Net Operating Income (NOI), which gets divided by a market and asset-specific capitalization rate (cap rate) to derive value:Property Value (PV) = Net Operating Income (NOI) / Capitalization Rate (Cap Rate)If both revenues and expenses are increasing at the same rate, which is unlikely because rents generally outpace inflation, NOI will increase because operating expenses for apartment buildings are typically 50%+ lower than revenues.
21 August 2023 | 81 replies
I think if you look at this from a short term / long term perspective everyone would agree that:1) Both a personal house and investment property will appreciate over time, thus satisfying the need for a homeowner to consider their house an asset long term.But… along the way …2) on a monthly basis a personal house payment represents a liability (cash outflow from the homeowner’s personal pocket); whereas that house payment for an investor is not a liability to the investor because he was not the source of funds for the payment, and the investor took in more money than the mortgage required, making an investment home a cash generating asset in the short term.You have to divide the time frame up to fully appreciate the Rich Dad Poor Dad premise.
21 October 2022 | 10 replies
They will basically take your total yearly income and divide by 12 for a monthly income and work your debt to income ratio off of that.