Michael H. Cook
"Shenandoah" STR: What to know
8 July 2024 | 35 replies
Keep in mind, this entire process could potentially take a few months.
Nena Stewart
Cost of Underground Pool Removal
2 July 2024 | 7 replies
From what I"ve researched it sounds like quite an undertaking and costly if you want the approval to rebuild on the soil.
Jason Rash
The South Is still a great investment
8 July 2024 | 0 replies
Amazing, I cash flow about $682/month and it's gone up about 30K since I purchased it.
Bethany Fannin
Commercial Valuation Confusion
5 July 2024 | 12 replies
They will be able to increase their value by $500,000 in 1 month just by sending out a rent raise letter of $10 per unit per month.Do this.
Anthony Santos
Investing in Puerto Rico
7 July 2024 | 19 replies
My wife and I are moving to the isabela area in a couple months.
Chad Thompson
Deal or No Deal..??
6 July 2024 | 2 replies
After closing cost I’ll be at 250k. built in 2017. 2600.00 MO income. rents can be raised some not much right now. 80% LTV I’ll be out of pocket 54,000.
Jimmy Chao
How to handle unpaid utilities
7 July 2024 | 2 replies
They have paid the rent this month, but not the sewer + trash.
Kyle Z.
Mortgage at 7% interest rate for investment property; pay down earlier?
4 July 2024 | 11 replies
It is cash flowing a couple hundred bucks every month (so rent > mortgage).
Michael Hoover
Buyout Local Portfolio?
4 July 2024 | 1 reply
In small college town with high rental demandAsk price 745kGross rent: 9750/mth 177k/yr (differed maint properties with potential 200/mth per unit increase once renovated) estimated reno (190k across portfolio)NOI: 91,475/yr (12.6 CAP) (includes tax, ins, listed maint for past yr) After reno NOI 127,475/yr (14.6 CAP) Deal info: - Owner finance 745k 20yr at 6% 20k down minus deposits (~13k)Cashflow = 2100mth (self-managed) (self maint similar to the previous owner)By this alone, 2100 cash flow added per month, it will put me at my financial freedom number of monthly cashflow is equal or greater than my families spending amount.
Zach Abey
Active Duty RE investor looking to scale
5 July 2024 | 2 replies
In 2023, I received orders to relocate to Beaufort, SC, and was able to rent out my NC home immediately, generating approximately $500 in monthly cash flow after accounting for property management costs.