Gross Rental Yield: annual rental income divided by my property’s value/price (multiplied by 100 to get the percentage). Where Property's value/price is comprised of the purchase price, all closing costs, and any ren...
Any recommendations for books/resources to help the newbie through the process of how to go from start to finish with the development process and each of the steps involved in buying land, going through zoning and pla...
Can anyone suggest and app or calculator to use for vetting multifamily deals?
Looking at 2 to 30 units in St. Louis, MO. First look into this area. Looking at a 12 unit deal right now. Rents and returns look decent, but is this a war zone? Rents average $750/unit on 3bd/1ba units. Section 8 ten...
Hello.
I am new to real estate and wanting to crunch some numbers, but am finding that definitions vary from blog to blog. Please see below and clarify, if possible. Thanks.
A) Net Operating Income = income produce...
So, 12 years ago we bought a small house on essentially a double lot. House was financed on a private note with seller with 10k down and 5.75%. House would not have funded thru bank because of repairs. Fast forward af...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Manchester.
Purchase price: $321,000
3 Unit multifamily that cashflows net $2400 a month. $800 per door.
What made y...
Many investors look for cash on cash return as a king metrics in evaluating deals, but there is another metric - return on equity - that can help investors make informed decisions on their portfolio.Return on equi...
Hi, can anyone clarify if the Cash on Cash formula includes the principal payment or only interest expense?
I wanted to see if there were any tax experts who have ever rented rooms out in their home. The answer my enrolled agent who is not a real estate expert gave me did not seem to make logical sense to me and I wanted to...