Jon Schwartz
Insurance cost calculation for a duplex?
Is there a rule-of-thumb percentage I can use to calculate the insurance premium on a duplex based on purchase price?For what it's worth, I'll be buying in Los Angeles, and redfin.com estimates regular homeowner's ins...
Todd Willhoite
Fannie Rate adjustments for investment property
I see rates on the internet for primary homes 30 year fixed rates. Is there a typically formula for how much that rate should increase if the property is an investment property instead of an owner occupied property? ...
Preston C.
Travel Expenses and Mileage for Taxes
Sorry if I post this in the wrong section or if it's been posted about before (I couldn't find much on the topic), but I am wondering how others with rental property keep track of travel expenses related to managing a...
Chyniece Cox
How cool is real estate?
Hey everyone,What was your best deal you’ve done? And what made you choose this Feild? How cool is real estate? Looking forward to hearing from you all!
Ricky Stafford
Very peculiar tax situation (short-term rental depreciation?)
I rent out roughly 40% of my house on Airbnb (it's divided by door, has its own open kitchen living area, bathroom, bedroom). I renovated and started renting the middle of last year. The apartment isn't used for perso...
Wilco Ravestijn
Home Value based on area rent and Owner finance
How do you establish home value based on area rents instead of using a CMA?The home will be offered as owner finance so no bank qualification needed which is of greater value to a purchaser especially those that can't...
Ana Hyler
Not sure who this quote is from, but I find it quite interesting.
Quote for the day:
"You cannot legislate the poor into freedom by legislating the wealthy out of freedom. What one person receives without working for, another person must work for without receiving. The government...
Ralph DiBugnara
Calculate your DTI with this Simple Formula
DTI is calculated by adding up all of your monthly bills and dividing it by your monthly income before taxes, then, multiplying it times 100. For example, (2000 ÷ 7000) x 100= 28.6%. Knowing this will give you a bette...
Ukiah Kraus
What’s a property management company worth?
I’m looking at buying a property management company. Does anyone know the standard ebitda multiplier I’d for that type of business?
Joel Warren
Seller Finance Offer Template or Example
Seller has verbally agreed to entertain an offer for seller financing. I feel that the seller could better understand the numbers if they were shown clearly on a form. Does anyone have an example form or template I ca...