i read where your operating expenses should be 30% of the rent.
The problem is our government (especially in my state) loves to spend & I'm at 27.5%! Not a lot of $ for maintenace, repairs, & insurance.
How ...
I been seeing a lot of articles/YT Vids with different ways they calculate their net operating income and capitalization rate. I will give a screenshot with numbers below and see how your conclusion varies.
Two ques...
Hi guys! I'm looking at a duplex deal right now and will post the details below. When I analyze the deal assuming both units are rented out, I come out with a 6.7% Cap Rate, 10% Cash-on-Cash ROI and $168/month/unit ca...
Hi everyone,I am in the middle of running numbers for a few properties and I want to make sure I don’t get blindsided after the fact. So here are the numbers I have looked at so far. Also, any advice from anyone, I wo...
I am curious. Typically when I analyze a property I include the usual (property tax, insurance, etc.), I was wondering if anyone includes rental income tax as an expense when analyzing a property? For example, after d...
I'm trying to calculate my debt to income ratio so that I can see how many properties I can qualify for under a conventional loan. I understand the basics that Principal, Interest, Taxes and Insurance (PITI) all coun...
I have 3 rental properties and trying to figure out which one I should pay off first. I want to accelerate the pay off and put any extra amount all towards one. Trying to figure out which makes the most sense. Can...
Hey, Hello people I just had couple of question about purchasing and making some rental income. As I am new to this forum so far I learn so much only in the the few hours that I been in this forum. The question is I a...
I am an Australian who has been living in the US on greencard for 18 years.I am curious what options there are to keep my rental property (8plex) here if I return to Australia.I know it is not a simple question, and t...
I'm trying to borrow 75K on property worth 150 - 170K but things have apparently gotten so tough I'm having trouble getting approval. Property is on Gold Coast of Chicago, rented below market and still cash flowing...