Hi everyone!I am trying to get into my first deal which happens to be a fourplex in Miami Florida (neighborhood of Allapattah). My strategy is to use FHA financing to allow me to put down 3.5% to basically get me in t...
Guys,
I am trying to figure out my post-tax cash flow from my pre-tax cash flow and other stats on buy and hold properties. How does it work again? Please correct me if this is wrong:
From the net operating income...
For all the math geeks out there, here's a question on how to handle Capex in your Cash-on-Cash calculation.
Bought a property for $150,000 already rentedAfter 12 months I did a $6,000 renovation I knew going in I ha...
Apparently the formation of Series LLC's are only "allowed" in a few states. I live (and will invest in) Maryland, which does not allow the formation of Series LLCs. Is using a Series LLC as simple as forming it in a...
Hi Everyone, hope all is well. Wanted to get your thoughts on this deal, based on the following terms:My goal (caveat): 1st MFH deal, looking fora stabilized asset for moderate cash flow. Not looking to do any major v...
Hi, I’m interested in getting STR data from AirDNA for multiple markets but their monthly fee is very high ($500+ /month for an annual subscription) for all markets. I’ve reached out and asked for say a whole state bu...
Looking at a duplex listed for $135,000.
Duplex is in great shape however needs about $10,000 in upgrades to update it
$1,400 monthly rental income
$6,000 annual taxes
$1,000 annual Insurnace
I’m estimating t...
Trying to determine if this is reckless or sophisticated investing....The idea is that annual percentage increases and the possibility of rates lowering will allow for positive cashflow.-A property with a 30 year mort...
What metric or ratio does everyone use to determine how much primary house to buy (rules of thumb)? From reading Millionaire Next Door awhile back, the author recommended total mortgage debt to be no more than double ...
Does anyone have Legal/Tax advice? I'm crunching some numbers and would like to propose to my mother-in-law who has already allocated in her estate plans to gift our two daughters $30K each (x2=$60K) for their college...