Barrington Smith
Seller financing deal
21 May 2024 | 2 replies
does this include all the expenses, capex, maint costs etc?
Patrick Goswitz
Owner Finance Deal. Good or Bad?
22 May 2024 | 10 replies
.### Calculating ROI- **Total profit (not accounting for costs like maintenance, taxes, etc.):** Total amount received - initial investment = $601,816.40 - $235,000 = $366,816.40.- **ROI over 30 years:** ($366,816.40 / $235,000) x 100 = 156.09%.### Calculating Annualized ROI (CAGR)The formula for CAGR (Compound Annual Growth Rate) is:\[ CAGR = \left(\frac{Final\ Value}{Initial\ Value}\right)^{\frac{1}{Number\ of\ Years}} - 1 \]In your case:\[ CAGR = \left(\frac{\$601,816.40}{\$235,000}\right)^{\frac{1}{30}} - 1 \]Let's calculate this:\[ CAGR = \left(\frac{601816.40}{235000}\right)^{\frac{1}{30}} - 1 \]\[ CAGR = (2.56)^{\frac{1}{30}} - 1 \]\[ CAGR \approx 1.0303 - 1 \]\[ CAGR \approx 0.0303 \text{ or } 3.03\% \]This means your annualized return is about 3.03% each year over 30 years.
Tj Hock
Real Estate CPA Recomendations
18 May 2024 | 4 replies
So they need to be real estate focused or at least well educated in the "game" our government has setup for professional real estate investors.
Charlie Rushton
How to evaluate or buy an RV Park
20 May 2024 | 8 replies
The same loan brokers that do MH also do RV, as do the insurance companies.We own both, and the only benefit of an RV park is that -- if you find the right one -- you can ramp up revenue faster because it costs you nothing to fill a vacant lot.
Carlos Oliva
Refi or Home Equity
20 May 2024 | 6 replies
In either scenario you want to make sure you account for the "cost" of the money in your deal analysis so you account for your HELOC or mortgage payments.
Todd Holman
The Millennial Effect: Shaping the Future of Housing
21 May 2024 | 1 reply
Additionally, Millennials rely heavily on online platforms and mobile apps for property search, virtual tours, mortgage applications, and transaction management, reshaping the way real estate transactions are conducted.Delaying Homeownership and Embracing Renting: Despite their strong desire for homeownership, many Millennials face financial challenges, including student loan debt, stagnant wages, and high housing costs.
Quan Truong
New Investor- any advice is welcome!
20 May 2024 | 5 replies
Analyze potential investment properties based on factors such as purchase price, renovation costs, potential lease revenues, vacancy rates, property taxes, insurance costs, and ROI .
Richard Licon
Private Money Broker certification
21 May 2024 | 58 replies
Much like many of the so-called gurus, the cost for their "training" will eventually run into tens of thousands of dollars.
Bob Stevens
sec 8nswers It's not that complicated folks
21 May 2024 | 48 replies
This is because of less vacancy/turnover, rents increased much faster, less tenant damage, less maintenance and repair costs, and most important of all MUCH higher appreciation due to being in more desirable areas that actually improved instead of staying stagnant like many S8 areas.
Alex Locklear
How much caulk?
20 May 2024 | 11 replies
Yes, I had blue tapped up properties, made em come back 2-3 times at properties before and it sucks for all but my painter, he really get's on his guys for it BIG time, because it's costing him big time.