Huiping S.
Duplex vs SFR loan interests
14 May 2018 | 2 replies
Does this true and how much higher of a duplex compared to a SFR on interests?
Nate Smoyer
Evictions Database - sort by state and other factors
9 April 2018 | 0 replies
I came across a really cool tool that helps you analyze regions' evictions rates and other metrics.https://evictionlab.org is the tool.You can sort the rate of evictions by states and compare stats by income levels, rates of evictions by days, and even rental property rates.
Fred Ewert
Looking for some help finding my first house/duplex
14 April 2018 | 4 replies
So maybe any place in Indy is a war zone compared to that ;) But seriously, I'd try to keep to a location good enough that my Airbnb guests wouldn't feel uneasy.I'm only looking on the MLS via Redfin.
Arthur Means
75k Cash: Pay off student loans or use for a mortgage downpayment
29 March 2019 | 18 replies
I have been leaning towards paying off the student debt, primarily for tax purposes.
Lewis Christman
cap rate calculation. Do people include closing costs or not?
14 November 2020 | 8 replies
To the extent points are being captured in the Cap Rate you're actually skewing the cap rate with your leverage, which kind of defeats the purpose of that metric.Since the goal of Cap Rate is to provide a quick and dirty view of the risk/reward of a property.
Josh C.
Noob from Bay Area, CA
8 May 2018 | 10 replies
Comparable units are now selling at an even higher ridiculous price.
Oliver J fryer
Checklist prior to buying
9 April 2018 | 0 replies
Calculate your bottom line using 70% of ARV (After Repair Value).Do not spend more than (.7*ARV)-RC (Repair Costs)Example: House is appraised at $100,000 *if repairs are made*...7*100k = 70k.Repair costs are expected to be $25k. 70k-25k = $45,000 (DO NOT BUY THE HOUSE IF IT IS OVER $45k)Take another look at the ‘going rate’ of rent in your area, make sure your cash flow is enough to cover ALL costs and include a buffer for taxes and unexpected repairs.Look at the property yourself - try to eliminate assumptions.Have a trusted professional assess and confirm info about repairs that may have been overlooked.Look at how much work you can do on your own and compare it with contractor rates to complete all repairs.
Ronald Sampson
30% Cash on Cash on New Construction Enough?
10 April 2018 | 2 replies
You need at least ten for resale purposes especially if tenant wants a lot of TI.No legal advice given.
Kenneth C.
High Utility Usage by Tenant (Landlord Paid)
12 April 2018 | 7 replies
I purposely staggered the leases to expire 2 months apart, and I made them shorter so that I could get a feel for the tenants and address any issues with a new lease if they opt to stay on.
Michele G.
[Calc Review] Analyzing student rental - use cap rate?
10 April 2018 | 2 replies
., cap rate is more of a metric to compare and value commercial properties.