The wife and I are looking at buying our first Multi unit. We have two townhouses (different complexes) and a condo that we own and rent out but those were just our homes we used to live in and we kept them to rent th...
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I feel like the easiest way to explain this is with an example. Say I buy a property for $60k and put in $40k in improvements with a total investment of $100k. I then rent the house out for $1000 a month which would m...
Looking for a potential partnership to get the ball rolling on my path towards getting off disability with rentals. Disability said that if I am recieving passive income via rentals, it won't affect my supplimental in...
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We get asked this question a lot. Here are some things to consider. Define Your Budget: Determine your overall budget for the project. Consider factors such as the scope of work, materials, labor, permits, and contin...
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Hello all, I was looking to see if the community had any suggestions on non-conventional financing for a home I currently have under contract. I do have financing secured(bank statement loan) but the terms of the loa...
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What’s wrong with what I am doing. I have been getting leads and deals coming to me but I can not get any funding for my deals to save my life. I opened my first credit card in July to build my credit. I made and pai...
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what is considered a good return on a rental investment?
I am considering a deal but not sure if the numbers are decent to even bother.
Purchase price: $50K
Yearly rental income: 15K
Yearly ...
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Hello :),
I saw in Brandons Topic the calculation of commercial properties in the US. I was little confused about this.
CAP RATE = NOI / COST
therefore
COST = NOI / CAP RATE
is okay for me, but in Brandons case the...
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As real estate investors, we’re always focused on maximizing our returns. But what if your current financing strategy is quietly eating into your profits?
Let’s discuss the hidden costs and potential pitfalls of trad...
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Tell me if my calculations make sense as im thinking about buying a 50k sfh rental.
I buy house for 50k. put 10k down on it. 2.5k closing costs. 12.5 total cash investment. No immediate repairs needed.
It will ...