Steve Adler
Should I pursue this?
15 September 2021 | 20 replies
The deal would be paid in cash.I called the utility companies and for electric water and gas the total average is $624 a month.
Daniel Sabato
Executing the BRRRR Method
16 September 2021 | 1 reply
They will figure a average cost per sq ft around your local area, and then compare your house to those.
Brian Sherman
Book Keeping on a house hack with my fiance
4 October 2021 | 4 replies
Download a Schedule E spreadsheet or use Stessa.
Chad Osborne
Vetting a cleaning company
21 September 2021 | 6 replies
First cleaner only lasts an average of 5 months which will be your fault (checklists and overall micromanaging) not theirs
John Sanders
Lease Agreement - House Hacking
21 September 2021 | 2 replies
If you purchase the audio book, you will receive a link to download all docs online.
Brandon P.
Multiunits 8-15 unit. What US region to look at ?
5 October 2021 | 30 replies
It's the fastest-growing city in Ohio and average rent prices increased by 10% in August which is the highest on record.
Dennis L.
DST, 1031, exit strategy, retirement advice
2 June 2022 | 35 replies
Returns in syndications vary wildly depending on the operator, the market and the asset class but generally the cash on cash is 6%-10% and the average annual return can be anywhere from 6% to 15%.
Moustafa Ahmed
Friendly Introduction - NJ Investors
24 September 2021 | 10 replies
I wanted to take the first step in networking by introducing ourselves with a bit of background:1) My wife and I (Reham & Moustafa) started our REI journey back in Dec 2019 as buy & hold investors: - YTD we have 5 doors ( 2 x 2 Families in northern NJ and 1 condo in Egypt) - Looking to average 1 property per year (started looking into investing out of state starting (Tampa FL - I blame NJ taxes!
Matt Teegarden
Multifamily Deal Doesn't Add Up...
22 September 2021 | 16 replies
There is a lot of info not listed so I did my best with the calculations and assumptions:- Multifamily Apartment - Value Add - 32 units- Total income / year = $256,264.97- Total Expenses / year = $234,781.81- NOI = $21,483.16- Average rent in area per rent roll & rentcafe = $1,200 / unit so $460,800 / year (which is different than what is shown on ProForma)Anyway, I go to use the valuation calculator on Crexi and the first number that makes sense for a purchase price is $500,000 (super low for a 32 unit complex).
Kohei Hayashi
"Set for Life" - Was it harder going from $0-25k or $25k-100k?
23 September 2021 | 11 replies
Of course, all of this is on average, and in down markets things can wreck even the best laid plans.