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6 February 2025 | 4 replies
It looks good) I stumbled across someone locally who does it, but I'm sure you could find someone there if you or other out-of-town investors like the idea of paying a bit more for that level of security and obtain a remote monitoring source of the exterior of the properties.
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13 February 2025 | 18 replies
If you have a great-paying, long-term tenant, a small discount can actually save you money in the long run.
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7 February 2025 | 5 replies
both have 5yr pre pay penalty.
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29 January 2025 | 5 replies
The rental income from the first home will pay for the mortgage/monthly costs.
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6 February 2025 | 5 replies
You have to disclose all of this when you sell, so you will end up paying your plumber or discounting to your buyer.
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7 February 2025 | 6 replies
I will be managing and will be paying a real estate agent friend to show the properties for me.
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3 February 2025 | 0 replies
Hello BP,The Producer Price Index (PPI) is a valuable metric to monitor, as it measures inflation from a business perspective (what businesses pay for services/goods) that isn't always reflected in the Consumer Price Index (CPI) or "inflation" which is commonly discussed in headlines and among other investors.
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3 February 2025 | 1 reply
It said this is pursuant to tax code section 23.55It said I can protest in next 30 days1) Does this mean we have to pay taxes and interest for prior 3 years?
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13 February 2025 | 22 replies
Cash flow is defined as the money left over after paying for all expenses, including setting aside a certain amount to cover projected expenses like maintenance, vacancies, or capital expenditures.EXAMPLE:Property Price: $250,000Down Payment (25%): $62,500Loan Amount: $187,500Interest Rate: 6.5%Loan Term: 30 yearsMonthly Mortgage Payment: $1,185Monthly ExpensesMortgage Payment: $1,185Property Taxes: $250Insurance: $100Maintenance (10% of rent): $250Vacancy and CapEx (20% of rent): $500Rental IncomeMonthly Rent: $2,500Total Expenses: $2,285Cash FlowNet Cash Flow: $215 per month 💰However, there are many other factors to consider.