Andrew Westlund
Start of Project 3.5% interest... End of Project 8%?!?!?!
15 November 2023 | 9 replies
Barely breaks even on annual cash flow...
Account Closed
What's the most I should pay for this property?
10 January 2010 | 13 replies
make sure this has EVERYTHING, then add 10% just to save yourself for stuff you DONT SEE but will need to be replaced.It is called contingency expense and I use 15% of rehab total rehab costs, add that in and come up with total rehab costs.10% is bare minimum for contingencies.If the ARV is $155k, and the expenses (with contingencies are $18k, then your max offer is %155k X 70% ($108.5k) minus $18k which equals $90,500Expect to make around 15% of ARV if you know what you are doing, 10% should be minimum.I don't do money invested flips unless I can make at least $20k
Sandy Peters
Home Loan Preservation company
1 March 2010 | 13 replies
But, IMHO, this is just barely better than a scam.
James Burrow
Frustrated by lack of cash flow properties in our region
8 February 2022 | 16 replies
The big money is earned from appreciation and investing for cashflow from rental income barely keeps up with inflation and major repairs can put you in the hole.
Christopher Mooney
Average Expense Ratios on LT rentals
31 October 2023 | 10 replies
While having 6 properties is commendable, I feel like I'm barely turning a profit here and it really feels like something has to work better or be done differently in the long run to truly grow massive wealth with real estate.Thanks all!
Josiah Sia
Downsides for conservative investing?
22 August 2019 | 73 replies
Now it barely gets you through the week.
Linda Share
How Do I Return Security Deposit When A Couple Breaks-Up
28 October 2021 | 18 replies
She wants to stay for an additional six months and would qualify (barely) without him.
Michael Kaminski
Selling cashflow property to grow portfolio?
21 November 2023 | 8 replies
Trading one good cash-flowing property for 2 properties that will barely break even in the hopes that appreciation will carry you doesn't really sound like a plan.
Constance Chambers
Insurance & Tax increases have KILLED CASH FLOW
21 November 2023 | 12 replies
one of our residential investments, SFR, that was once cash flowing really great...now barely meets the mark because of the increase in the PITI, in Georgia.
Nick Clark
Pros & cons of buying a house facing main road
5 February 2020 | 5 replies
My parents live on a very busy street (speed limit 25), but because they put spray foam insulation in the walls, the noise is barely noticable.