I've been closely looking at properties in the Cleveland area. One thing that I have noticed is that taxes vary widely from city to city, and even within a single city can vary from house to house. How are property ta...
I am working on my first deal focused on SFR in Charlotte metro area. I have been evaluating multiple deals using the Bigger Pockets rental property calculator, i have been assuming the following:Vacancy: 5%Repairs an...
Hi all,
I purchased a rental house back in Dec. at a low interest rate and using a HELOC for down payment and rehab costs. With interest rates rising and those of us with HELOCs with variable rates, what's the strat...
Hello all,I'm on the struggle bus trying to determine what to do with a STR that I bought in cash last November using a variable rate HELOC from my primary residence. I got a good deal on the this condo which was cas...
Family of 3 married in the military. 1 rental property in nh values at between 160-180k depending on the day. Brings in 2k rent per month. Every qtr about 1200 in taxes. This is what I have the heloc on. New house bei...
Hey folks,In preliminary talks on a small 3 bed 1 bath house near a hospital. House built mid 50s. Has good potential for MTR and LTR as back up. Vendors are a senior couple. House has been updated on main floor and i...
What variables would you use for the long-term projections of your portfolio? I am trying to create a conservative, middle of the road and aggressive calculation of my net worth and net profit. This article says infla...
hey guys! need some advice.I have owned a triplex for about 2 years now. I got in when interest rates were great but i took variable and unfortunately the rates have gone up and my monthly payments have gone up almost...
So my understanding is correct:
The figure represents how productive the property is relative to its value.
The three figures (NOI, value and CR) seem to flow in a circle
Rental demand drives rent price
The expected ...
Got approved for a HELOC. Have the option to do a fixed rate advance or keep it variable with draws. Which one makes sense during this crazy time period?