Joe S.
My thoughts on David Green’s latest podcast.
So I was just watching the replay of the latest webinar by David Green. I cut it off when he was saying to calculate around $60-$80 per month insurance for a $400,000 property. He was also saying typical closing cost...
Jordan Duran
Airbnb Ready Rentals +51% ROI
Looking for some advise on a build and rent strategy that I have come up with. Would love to jump on a quick call and see if you think it is viable. https://calendly.com/rockwell_...
Account Closed
Should I put down an extra 5% in order to get a lower rate?
My lender provided me a rate of 6.375%. This is for a 20% downpayment. If I put down 25%, I can get the rate lowered to 5.75% (a decrease of 0.625%.This does raise my cash on cash return. Should I do the 20% or 25% do...
Brian Spink
Duplexes to small apartments....numbers don't seem as attractive.
I've got 5 duplexes in Jackson and Adrian Michigan that I own and am starting to look into transitioning to small apartment buildings, however, the cash flow doesn't appear to be as good (which goes against everything...
David Schulwitz
BP Fix & Flip Calc: Little Financing Inputs
Hello BP, I've used the BP BRRRR calculator quite a bit the last week and am getting comfortable with it, but I've used the Fix and Flip calculator less. When using the BRRRR calculator, there is an entire section fo...
Michael Ashe
House hacking. How to calculate cash flow
What is the best way to calculate how much my primary home would cash flow as a rental?
Interested in house hacking but I've come to realize there are variables that I'm not aware of Like for example, I posted once ...
Paul E. Drecksler
How do I run these numbers on a 15 year vs 30 year mortgage?
Can you help me with this math problem?
$425,000 sale price.$85,000 down payment (20%).30 year fixed at 3.675% vs 15 year at 3.15%.Difference in cash flow / monthly payment would be $809/month on a 30 year, which I ...
Tyler Blodgett
Finding the right balance in a Proforma
I have been sitting on the sidelines for quite sometime doing my research, but feel I am ready to take the plunge and purchase my first investment property. I am in the process of starting to look at properties and a...
Alan Roebuck
How Correctly to Prorate Rent on a Lease Renewal
One of our single-family-home tenants is renewing her lease. The new lease will take effect on October 23, and the new rent is higher. So her total rent payments for October will be 22 days under the old rent and 9 da...
Kumar Gaurav
Biweekly vs Monthly mortgage payments
Hello,I just wanted to know which is the most preferable way to make mortgage payments on a 30 year mortgage loan, biweekly or monthly? I am currently making biweekly payments on my 30 year loan and planning to refina...