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What do you guys think? Two 3-family apartment buildings on one lot.
Purchase price $300,000.
Gross rent:$4,800/mo - $57,600/yr
Cleaning and maint: $1,200/yr
Insurance: $3,400/yr
...
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At what home price cant you cash flow like 10% to 12% cash on cash yield can we say $150k or $200k or $250k or $125k?Thanks,
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Getting into investing in real estate and I was just wondering how interest rates affect the market and in what situations would a low interest be good along with a high interest rate. Can higher interest rates make i...
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When it comes to real estate investing, one strategy stands out for its ability to build wealth while significantly reducing your personal living expenses: house hacking with multifamily properties. If you’ve ever won...
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Good day all,I am looking at putting together a list of ways that people have gone about forcing equity/value in their properties. To start the ball rolling, I like adding a unit/income stream where there wasn't one ...
I would like to ask if the property below would be ok. I am a new investor. Price: $320,000Scheduled Gross Income $50,400 Effective Gross Income $48,384 Operating Expenses $24,496Net Operating Income $23,888Tax: $3,65...
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On a multi family (2 unit) for 60k costCost Analysis Performed as Rental Property In: Rent - $16,500.00Out: (Annual) Actual Taxes - $861.00(Annual) Estimated Insurance - $1,322.00(Annual) Property Management (Optional...
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why do people who try to explain use 30yr mortgage vs 15yr mortgage on 100k properties. The difference in interest is huge and wouldnt a 15 year vision be more closer to a home run?
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Investment Info:
Single-family residence buy & hold investment in Bromont.
Purchase price: $363,000
Cash invested: $8,500
We co-build our first house/home.
We live there but AirBnb hacked it.
In ...
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A prospective buyer wants to get a non-confirming loan (due to attractive 7 year rate). But they want to pay 10K less in purchase price as we are splitting some remodel cost. If the purchase amount is reduced, that wi...