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4 December 2024 | 4 replies
From what I saw for the most part the big names you typically hear in insurance typically performed well for people.
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3 December 2024 | 3 replies
Finding the right price does not associate with market stability or future performance assumptions.
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6 December 2024 | 12 replies
Have you found certain neighborhoods performing better than others?
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3 December 2024 | 7 replies
I only hold decent properties in nice areas, modern construction, etc.
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3 December 2024 | 5 replies
My point is I want to avoid paying for the repairs, am I on the right track and is there any advice I should know before my first auction ?
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3 December 2024 | 5 replies
For example, bank accounts we control and specific investor capital accounts are all tracked in this same software.For our investor reports, each month we download spreadsheets, write a narrative for the month's performance and then export it all to a PDF.
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10 December 2024 | 100 replies
There are other soft roles that listing agents perform, but those could be done a la carte on an hourly basis beyond the five or 10 hours included in the 0.6% rate.You're kidding, right?
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5 December 2024 | 4 replies
It's crucial to evaluate how the deal performs with the new mortgage:Updated Financials After Refinancing: Market Value: $459,000 Mortgage Amount (80% LTV): $367,200 Equity: $91,800 Interest Rate: 5% (30-Year Amortization) Assuming after 12months the rate will drop to 5%Monthly Expenses: Mortgage Payment (5% Interest): $1,971 (Now you are paying interest and principals) Property Tax: $260 (assuming has been increased with a 4% from last year) Utilities: $361 Insurance: $104 (+4% Adjustment) Vacancy: $166 (now after 12 months we can assume we have some vacancy at 5% factor on annual rent) Repairs & Maintenance: $166 (now after 12 months we can assume we have repairs at 5% factor on annual rent) Total Monthly Expenses: $3,028Rent Income after 12 months assuming annual rent increase at 5% : $3,323Cash Flow: $295$ per month 😊Long-Term Gains: $5,418 Principal Paydown year 2 (this will increase each as you pay off your mortgage $36,720 Property Appreciation (assuming 8% per year) $3,540 Cash Flow (this will increase as rents rise)Total Annual Return on Investment: $45,678 with just $ $22,789 remaining in the deal.
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5 December 2024 | 48 replies
There is no logical reason to have an attitude with me when I only wish you the best and want you to succeed.
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3 December 2024 | 16 replies
I only think appreciation has “icing on the cake” because of Brandon Turner (lol).