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Newbe here...any rough rule of thumb on target cash on cash return for a buy and hold investment property?
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Hey BP Family! In this upcoming new year, I have my mind set on what might seen unconventional to most. I am going to start an ATM business in my local area, starting small with only 1 in what I will make sure is a gr...
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Hey everyone! I’m going for my first STR, and was curious to what kind of CoC return you like to see with your property? What is the minimum return you would like to see before you move forward?
Hello, I hope everyone is well. My partner and I encountered a dilemma we've never experienced before. We really don't know how to move forward without consulting an attorney, so I decided to post our situation here i...
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Hey guys, I am trying to calculate a cash on cash return using private/hard money. If I am using someone else's cash, and they refinancing them out with say a DSCR loan, how would I calculate the returns? I get the ma...
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I am returning a deposit to hold the property because the prospective tenant doesn't meet my qualifications. What should I include as far as a letter goes? Should I give them the reasons for denial? Should I mai...
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Under what circumstances do you keep full security deposits? Do you spell out those terms in your lease? Do you tell your renters who have acted according to your lease terms what you expect when they move out ? I’ve ...
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Hello Bigger Pocketers!I have been searching for my next investment and decided to move away from the Arizona and Texas markets for now. I am going to be focussing on a cash-on-cash return more than a CAP rate for my ...
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Hello Beautiful people of BP,So I had 3 tenants vacate at the end of last month. One was evicted, so no deposit return there, the other two left after their leases ended. One of the two left the apartment disgusti...
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Hi,
We sold the commercial building and paid off the bank loan, plus personal money to close the deal.
1). Is this company expense?
2). How do we show bank loan pay off and our personal money?
...