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30 September 2020 | 7 replies
So you have no clear way to predict your future net worth and estimate an approximated point of financial independence.For each property I’ve been using a spreadsheet to calculate future value minus taxes and commissions to provide an estimated net for a certain sale date, then manually add the lump sum cash injection as an “income event” in Personal Capital, but you can’t associate any property related items together.
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2 October 2020 | 15 replies
Possibly a significant impact.Insurance I estimated based upon my current coverages for condos.
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5 October 2020 | 11 replies
Sometimes a broker will give you a rate with points, which equate to added fees, but you should let them know in the beginning whether you are willing to pay points to lower your rate or not.At the end of the day, what you're looking for is a Loan Estimate from each bank/broker you reach out to.
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2 October 2020 | 0 replies
This deal is located in NW Indiana numbers are roughly estimated, I am planning to buy my first rental property with FHA loan, live there for one year, then move out and rent it out, Screen shot and Link to the file are attached below.
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2 October 2020 | 0 replies
This deal is located in NW Indiana numbers are roughly estimated, I am planning to buy my first rental property with FHA loan, live there for one year, then move out and rent it out, Screen shot and Link to the file are attached below.
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2 October 2020 | 5 replies
I would focus on cash flow and select a rental property where there is a margin of safety between what your mortgage payment is and the estimated rental rate.
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2 October 2020 | 0 replies
This deal is located in NW Indiana numbers are roughly estimated, I am planning to buy my first rental property with FHA loan, live there for one year, then move out and rent it out, Screen shot and Link to the file are attached below.
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8 October 2020 | 5 replies
I estimated it would take me around the same time as you, about 10-12 months.
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6 October 2020 | 5 replies
The rule of thumb for estimating CAPEX and Repairs/Maintenance is from 5-15% of monthly rent.
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2 October 2020 | 1 reply
I have a rental in Arizona that is Zillow valued at $340,000, my estimate sale is $329,900.