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25 January 2021 | 0 replies
Beyond that, fourth quarter Gross Domestic Product, the broadest measure of economic activity, will be released on Thursday (1/28).
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25 January 2021 | 1 reply
Based on some initial estimates (mainly from Rentometer) I believe gross annual rental income would come out to about $48,000.
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25 January 2021 | 0 replies
This was the classic, stinky, gross house that took a lot of time to get right but ended being a very nice house that was brought back up to the quality of the neighborhood.
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26 January 2021 | 1 reply
This was the classic, stinky, gross house that took a lot of time to get right but ended being a very nice house that was brought back up to the quality of the neighborhood.
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29 January 2021 | 2 replies
California charges a minimum tax of $800 a year per LLC, and more if you have gross receipts in excess of $250k.
4 February 2021 | 15 replies
It’s listed for $450k and currently grosses $4200 monthly.
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26 January 2021 | 0 replies
High level he manages 240 properties, gross income $330k and also owns the maintenance company that services the rentals.... that company alone grosses $700k.
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27 January 2021 | 2 replies
Anything over 5 units is valued based on the NOI and market cap rate.You need to take the current gross rental income and deduct all expenses to come up with the NOI.Make sure you are accounting for vacancy, CapEx, repairs and maintenance, property management, etc.Then take the NOI and divide it by the going cap rate of similar properties in the same asset class.If you don't know the market cap rate you can get this information from a local commercial broker.This will give you the value so you can determine if the asking price is in line or what you offer should be.
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28 January 2021 | 8 replies
My mortgage will be roughy1,900 (going w ho5 home owners) fha report states after considering the rental market in south New Jersey that the effective gross income is roughly 29,070 after operating expenses it could produce a income of 20-25k annually.
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4 February 2021 | 3 replies
The first one to discuss is directly on the beach and as soon as things opened up we saw a flood of business happen and we ended up finishing out that year with over $108k of gross rent (that includes missing 2 entire months of bookings) which was $8k more than the previous full year, and we already have $92k on the books for 2022 and we aren't even through January.