Can anyone shed light as to why the property tax on a 500k multi unit would be 13.5k? I found a property that looks like a great deal on the surface but when i run the numbers the taxes kill it. Is this just an Ohio t...
Hello! This is more of a spreadsheet question than a real estate theory question, but I'm asking this group since anyone who has tried to make a P&L this way will have run into this problem! Problem: How do you in...
Every calculator has stuff that seems irrelevant or is not true to the situation. My purchase price was over 20 years ago, I do not remember closing costs, have refinanced twice at least and I have been renting it fo...
I'm starting to get a general idea of how I should look for a property that would be good to purchase, renovate, then rent out. I'm a little lost on which formulas I should use when considering a property. Things like...
I have been Offered the opportunity to buy a MHP. How do I determine if the asking price is too high? The city tax data has the property appraised at $220k. None of the MH's are owned by the seller. They just collect ...
Hello all,
I am looking for a formula that I can enter the amount of profit I wish to make and have it work out the bid offer I should put on a house. Any ideas?
newbie question
What is IRR?
How is it calculated? Do you guys use it?
Matt
I'm goin to do my best to keep this short and as less complicated as possible but definitely looking for some clarity so I'm not overthinking it. Cap rate is determined by the market, overstood! Is the age of properti...
Note: I am not a foreign investor. I am based in the US and would love to learn more about people doing anything real estate thru EB-5 programs. Do you start off by creating an EB-5 regional center? How do you just...
I'm trying to find the best CapEx formula. I know that it can be calculated different ways. I know that the best thing to do is to make actual predictions about expected and predicted expenses rather than use back-of-...