Hello! I am about to acquire some land from my family and its a good amount (24 acres). I've spoken to a few agents up there trying to get an idea for best uses. One parcel is already divided into three, the other is ...
Hello,I would appreciate any insight on this subject. My math shows the ROI being the same for a cash purchase vs.a financed purchase. Is this correct? My examples here show the return is the same for both scenario...
For those of you familiar with LTIC, is there absolutely no way around it other than to build the sidewalks, even if it's R10 and no one has sidewalks anywhere in sight? It was a complete deal-killer when I learned a...
For those who invest in the Redford area, what are your thoughts? I've been looking for my first rental property in Redford/Taylor areas and Redford seems like a good area as far as the numbers - cheaper single family...
Good day. When does it make sense to make tenants pay utilities. I have this 4-plex on contract and the current tenants have the utilities included in their monthly rent. 2 are paying 650 and the other 2 paying 550...
I need your help.
What is the difference between ROI and cash on cash return? Can you give me examples, please? Also, what is a good rental property ROI and cash on cash return?
Thank you so much!
Hello All-
I'm new to the landlord gig.. Seeing that not all months have 31 days, can someone tell me how they prorate a month's rent? Is the total month's rent divided by 30 or 31 days? Thanks so much.
It's not a home-run. Yes, leveraging would be a better return - but I'm 46, retired, no W-12 income. Gonna work with a broker to get future mortgages, but for varied reasons I needed to invest some cash. Metro Atl...
Hey everyone, I'm in seek guidance/advice.Some background: I currently live in NYC and began investing in my hometown market of St Louis last year. I realized almost immediately that I would need to quit my job to mak...
Hello BP Community! This is my first non-intro post so go easy one me :)I've been wondering about this scenario and searched the forums but couldn't find the answer so I decided to ask it (them):If I find a residenti...