I was calculating my cash on cash returns on a property I bought a few months ago.
My cash flow is about a $1000 a month, and for the past 6 months $600 of my mortgage payment went toward the principal.
Is my cash on...
Have any questions about financing solutions for STR's? Please drop a question and I will be happy to answer, or point you in the direction of someone who can! Would be great to turn this into a useful thread for folk...
Hello BP,What are all the expenses related to purchasing a co-op in New York City? I know there is a down payment of course, but about what percentage of price is closing costs? And are there other expenses such as a ...
Good Afternoon Everyone,This is my first time posting on BP, I will try to be brief. I bought my first property a little over a year ago and am looking to buy another. I had a question regarding financing and was hopi...
I am looking to invest in Cleveland, Ohio and I would like to know what you suggest including in monthly property management/maintenance fees? I’ve only ever purchased homes in Houston, Texas so the first thing that c...
I have two rental properties in Baltimore, both are rowhomes, one in the city, and one in the county. I was looking at rental expenses (excluding taxes and insurance) for the past 4 years (2011-2014) on both houses t...
Hi!I am wondering if anybody has any "quick and dirty" calculations (similar to the 1% rule in LTR investing) that they use when underwriting STR's?I have heard some are aiming at 20% COC return. Does that include dow...
Hi all,
My husband and I are high-income earners in a high income tax state (California). We currently own a SFR in Texas, but we are looking to purchase another SFR in Arizona. Given our tax bracket, including tax ...
I'm a newbie to real estate investing. I'm open to any input on my analysis of the attached property would be greatly appreciated.Would you move on this property?
I have a property that I need to put a hot water heater in. Any suggestions on what to use? Is one from home depot fine or should I go with something different?I know price for install would vary depending on the area...