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Results (10,000+)
Jorge F Rodriguez Renting vs Selling
16 July 2024 | 12 replies
Mortgage, Taxes, Insurance, HOA: $3040.37Estimated rent: $2475Total Expenses: $3660.12Vacancy (5%): $123.75Repairs (5%): $123.75Capital Expenditures: $100Property Management (11%): $272.25Information when I bought the house in 2022, new constructions Purchase Price: $373000Purchase Closing costs: $4662Current home value: 400k-420kCash Flow: $2475-$3660.12= -$1185.12; -$71107.2 at 5 yearsCash on Cash Return on Investment (CoCROI): 0%Appretiation per year (6%); $535,290.23 at 5 yearsEquity: Loan value $345,089.53 at 5 years; $190,200.47 in equity at 5 yearsLoan Value today 6/2024: $368,201.59Total ROI in 5 years= (Total profit/Total Invested capital)/ Time (in years); Total profit: $190,200.47Total Invested: $71107.2 (neg cash flow) + $42757 (closing sale costs)= $113,864.20Total ROI (5 years)= ROI 67%, annualized ROI 10.8%My biggest concern is that I am relying solely on appreciation and assuming will appreciate at 6% per year. 
Joel Mora Tenant Can't Pay Early Termination Fee
16 July 2024 | 15 replies
If it shows well, tell her you’d like to advertise the unit and schedule a day/time window of showings asap and that you can be flexible or even eliminate the early termination fee if you can rent it quickly.
Christina B. Crazy Guests (a little venting can't hurt, can it?)
17 July 2024 | 9 replies
., we have had a broken window (the locking mechanism), someone busted up the queen futon frame, someone took the waffle maker, beach towels go missing all the time, TV remotes gone, etc.People like to put stuff in places they think they should be.
Gregory Martin Section8 Questions - How to get close or the full Gross Rent?
16 July 2024 | 3 replies
Sometimes I get told no it doesn't match, other times I have just had it approved no problem. 
Nick Sansivero Small multifamily property management in Northern NJ?
19 July 2024 | 23 replies
EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!
Daniel Purcell New Orleans STR Rules - Simplified (Residential Version)
16 July 2024 | 8 replies
Now the city initially said they would limit the amount of days, but upon going down there and spending time with the city workers there (they are very nice) it seems there won't be enforcement on the number of nights rented out.
Account Closed Land & Industrial Property or Portfolio Owners
16 July 2024 | 3 replies
Most large land listings sit around a long time.
Octavio Sanchez Tips for a beginner
16 July 2024 | 6 replies
Hey @Octavio SanchezAs mentioned, getting started can be overwhelming so definitely take your time to research and determine your real estate goals.
Eric Samuels [Calc Review] Help me analyze this deal
16 July 2024 | 3 replies
- Looks like the owners would not use the 3rd year all the time, so I would calculate  some revenue amount for when they are not using it.
Michael Baum Mike's Deal of the Day - July 1th, 2024 Prime Day 2
17 July 2024 | 0 replies
.$6.85 Zulay Kitchen Milk Frother Wand - https://www.amazon.com/dp/B082314NFLSo we have this in our lake house and it gets used all the time.