So I used this calculator: http://www.goodmortgage.com/Calculators/Investment...I used the information from one of my properties. 50,000 purchase price. 5% interest for 20 year loan. 650 rent. 2 % home appreciati...
This week's post goes out to the data-driven folk...First, let's talk about two key metrics: Average Daily Rate (ADR) and Occupancy Rate (%).Understanding ADR: Maximizing Rental IncomeThe Average Daily Rate (ADR) is a...
I own an 18 unit Multi-Family building. The property is in decent shape but with modifications I can increase rents for immediate ROI. I need to execute the work slowly and in phases therefore I need to determine wher...
Hello All,I'm looking at a 5 unit to BRRRR. They are all 1 bed/1 bath. I'm thinking of downsizing it and combining two of the units to where it might at least a 2/2 but maybe a 3/2. I thinking of this for the followin...
Hello everyone,
A family member of mine owns a short-term rental property in Downtown Miami and is looking to increase both occupancy rates and revenue. I’d greatly appreciate any tips, strategies, or insights you mi...
Hello everyone. I bought my first duplex last year (Owner occupied), so I’m relatively new to this rental business. The duplex I purchased is in good shape, and for the area, it’s more of a higher-end rental. I decide...
in the process of closing on a 5 unit. 4 of the units are occupied and have been for multiple years. The owner is a older gentleman and he took care of these tenants. I of the tenants be living there for over 12 years...
First off hello Everyone, So I would love to get started in real estate investing ive been doing my research for a little over a year now about single family & Multi family I do not make an insane lot of money ($2...
Hello I have a simple question- there was a property that went pending for $450 and came back in the market - so my offer price $415k @ 5%/30year fixed interest with 25% down, here the builder is giving 20k towards c...
Hi,We are buying a part of the commercial land (in a big commercial space) in prosper, TX. We have options to design the multi-retail space as 11000 sqft with 72 parking spaces or 13000 with 60 parking space in 1.4 ac...