Lynn Berg
rent is 50% of income
Hi everyone,I have a prospective tenant who nets $3600 per month but take home is only 2700. The rent will be $1300. Does the tenant make enough to afford the rent? It's about 50% of income. I also have another tena...
David Y.
CAP rate vs 2% rule
Does anyone know if 2% rule is the same thing as 24% cap rate? Thank you so much!
Jordan Hamm
New member calculations... Looking to learn
Wondered if I could get some more experience REI eyes to look over my numbers. Something doesn't seem right—am I really not going to make any money?I'm looking to convert my current home (7 yrs old) into a rental.Curr...
Ed Walter
Newbie from Tampa Bay, FL
Greetings; my name is Ed Walter and although I have 37 years of real estate experience as a Broker and appraiser, I have only owned 3 homes. So I am looking to expand that number significantly this year. I am not s...
Joe Nasr
Income properties calculations
Hi,
I am looking to buy my first income property and wanted to know how much the maintenance, utilities and PITI should i deduct from the gross rental income? I have been told 45% of gross income but there doesn't se...
Kyle R.
Vacation Rental Tax Questions
Hi BPI'm finishing up my first year as a vacation short term rental owner. I have a couple of tax questions that I want to familiarize myself with before I send everything to my CPA.I rent my property through VRBO/Hom...
Ryan M.
Income Requirements
I've read in the forums that most require income of 3x rent. My questions are:
Does the 3x assume the utilities are included or not? In my case the renters of my SFH are responsible to pay all utilities dir...
Tyler Solomon
Long term rental - rules of thumb?
What does a typical spread, % wise, on a healthy long term rental look like between gross annual income, and net operating income? In other words, what is a typical/ decent/ acceptable margin between your annual rents...
David Riehle
Affordable SFH in High Demand in Kansas City (Actual Example)
Kansas City, Missouri, has become a hotspot for real estate investors in recent years. With its affordable housing market and growing economy, many investors are looking to purchase and rehab single-family homes (SFH)...
Long Khang
Buy and Hold Multi Apartment Deal Analysis
What do you think about this deal???what is this properties value 1.5M???The properties is class C and neighborhood class BTotal building square footage: 48,513 sq ft, built in 1947 Listing Price $1,800,58...