Jake Walroth
CAP Rates on Commercial Properties in Mariemont/Fairfax
18 November 2017 | 7 replies
You typically get a or b class tenant who want to live in a charming neighborhood.
Rj Kro
Thoughts on an industrial property purchase?
22 September 2017 | 9 replies
A bit more details: Ronald, if "cash on cash" refers to this essentially being a play for ROI on capital, then yes, you are right.
Whitney Hill
Owner wants to sell 9 mos from now...best way to tie up property?
29 September 2017 | 17 replies
It can be as little as $1 or a really substantial amount - typically a similar amount as earnest money.With an option you know that you will be able to buy the property as agreed and the seller doesnt have to worry about finding another buyer, as they have collected an option fee you would not want to loose.
Diogo Marques
Section 42? Go or no go?
14 September 2017 | 2 replies
I'm assuming you're referring to the Section 42 LIHTC program?
Allan Rosenberg
Patch of land rate of defaults and return of overdue funds
20 May 2021 | 63 replies
I was at J martins Oakland event and during my break out session I was asked about crowdfunding and one of the folks in my session had invested with POL.. and his experience was.. made the investment NEVER got one payment that was 2 years ago and the property is finally going to sale.. this was FLA... typical 2 year foreclosure time line..
Diogo Marques
Foreign Exchange Currency Loss
26 September 2017 | 2 replies
Hi DiogoNot sure if you refer to transfer losses or exchange rate fluctuation.
Roman McIntosh
Does this deal make sense?
11 November 2017 | 15 replies
Typically want more than $100 a door but you also need to look at Cash on Cash Return.
Account Closed
How to legitimize a park-owned duplex?
17 September 2017 | 2 replies
The selling broker told me that it’s not a big issue because typically it takes 2 weeks and 200$ to get a title.
Carlo Michelotti
Need so much help analyzing cash purchase of 2 or more properties
15 September 2017 | 3 replies
One-time Expenses$1000 - Acquisition Costs (minor rehab, legal, & inspection)Annualized Expenses10% Gross Annual Rent - Vacancy Costs (turnover & lost rent)10% Gross Annual Rent - Property Mgmt (standard)$1176 - Repairs & CapEx ($1 per sq foot for tpical property)$1516.46 - Property Taxes (5 year historical average for typical property + 10%)$1000 - Property Insurance (a nice round number: seller reported that he paid $708/mo for one duplex)$27 - Water & Sewer (average across several properties from last month)$0 - Gas, Electric, HOA, Snow Removal (tenant pays or not applicable)$60 - Lawn Care (I made this number up)COMPARATIVE ANALYSIS:This is my analysis of the five properties that are being negotiated right now, listed from best to worst.Property Alpha (two-flat)$1250 - Income, Monthly (actual)$567.37 - Expenses, Monthly (estimated)$42,000 - Price, Signed Contract36% - Cap Rate (Annualized Income / Price)16.6% - ROI, After Tax (annually, assuming 15% income tax)6.0 Yrs - Until this property pays itself offProperty Bravo (two-flat)$1100 - Income, Monthly (actual)$537.37 - Expenses, Monthly (estimated)$42,500 - Price, Signed Contract31% - Cap Rate (Annualized Income / Price)13.1% - ROI, After Tax (annually, assuming 15% income tax)7.6 Yrs - Until this property pays itself offProperty Charlie (duplex)$1075 - Income, Monthly (actual)$532.37 - Expenses, Monthly (estimated)$55,000 - Price, Informal Discussion23% - Cap Rate (Annualized Income / Price)10.7% - ROI, After Tax (annually, assuming 15% income tax)10.3 Yrs - Until this property pays itself offProperty Delta (SFR)$875 - Income, Monthly (actual)$492.37 - Expenses, Monthly (estimated)$48,000 - Price, Informal Discussion22% - Cap Rate (Annualized Income / Price)8.8% - ROI, After Tax (annually, assuming 15% income tax)13.6 Yrs - Until this property pays itself offProperty Echo (SFR)$770 - Income, Monthly (actual)$471.37 - Expenses, Monthly (estimated)$62,500 - Price, Informal Discussion15% - Cap Rate (Annualized Income / Price)4.1% - ROI, After Tax (annually, assuming 15% income tax)24.4 Yrs - Until this property pays itself offNotice how the price keeps going up?
Dave Zarcone
My first project - Rehabbing my aunt's dilapidated house
21 January 2018 | 12 replies
Obviously this isn't the typical scenario for an investors first project.