Hoping I can get some wisdom from all the STR gurus. Here are the options I have. Option 1:Purchase price $201K 2 bed/ 1 bath Conservative daily rate $200/night Conservative occupancy 35% (annually) Net cash flow mont...
What do you guys look to get out of a flip house? Is there a percentage of what you put into it that you want to get out of it? How do i know if I'm making a profit worth putting the time in for?
I just had a bank tell me that per new Fannie guidelines, the minimum down payment on a 3-4 unit is 20-25%, even if it is bought as a primary residence. Personally, I think they are wrong. I think they are just an ext...
How many months rent do you guys deduct from gross rental income when determining your cap rate? In other words what is your vacancy rate?
I am currently deducting two months rent for 1980s, 3/2 townhomes, in a middl...
I'm looking at a SFH + ADU in Salt Lake City, UT as a potential house hack. Before I put in an offer, I want to run the numbers by some professionals.
The property is 4BD/2BA in total, with 2BD/1BA upstairs and 2BD/1...
Yeah, it's weird and it took me a bit of time to figure out how to write this. It was a bit of travel for me but I went to one of House Representative Joe Donnelly's townhall meetings. I was interested in what a "Bl...
Hi everyone! I think I found a deal! My confidence is like |-| that big though. I've been house hacking for a month now and I already want to buy my second property. For this one, I'm thinking flip would be valuable b...
Hello, I am interested in investing in real estate passively. I heard realtymogul and fundrise are two great platforms for this. Does anyone have experience with these platforms? Can someone suggest which one is bette...
Hello,
Looking to get feedback on anything I missed with this hypothetical analysis using the 50% rule:
1. Purchase price = 100k
2. Downpayment = 20k
3. Closing Costs = 5k
4. Income (Rent) = 12k / year
5. Expens...