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I inherited a few tenants when I bought a multifamily property.One of the units' existing tenant has two 60-75# dogs and a rabbit. It's a 2/1 about 750SF. She has been there for 2 years when I bought the property th...
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I read the Introduction to Real Estate Investment Deal Analysis featured on BiggerPockets, which I found to be an insightful read, but left me with some unanswered questions, which I was hoping you gurus here could he...
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Hello, I would like the forums opinion on how you are measuring your profit in terms of price appreciation for buy and hold properties. For example, I recently sold a rental that was in my family for 35 years. Just to...
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How can I get compound interest and what will it do for me financially?
Thought this was straightforward but been hearing from others it may not be:Example: $100 invested in Year 0 and $100 returned in Year 1. At that point in time there is $8 pref balance based on 8% pref terms. Does the...
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I see a lot of people saying things like "My cash on cash return is 12% on this property and that's a lot better than my mutual funds have been doing in the market." I get the impression that they are comparing a 12%...
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Hi guys,
Im a Canadian citizen buying in the US and have been telling my family about the loan I will be getting.
I will be getting a 4plex at ~4.5 for 30 years fixed.
Now, both sides of my family (in Canada) are s...
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With every bank save one, I can put my loan amount, rate, and am into a calculator (my XLS or online) and it'll spit out a payment (and am table) that matches what I pay my bank.Example: I have a 2.42m loan with Fredd...
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I just made my first mortgage payment and am having some serious sticker shock when looking at the interest.why is it almost all interest? I cash flow very well on this, so could definitely afford to pay more towards ...
Hello,I decided to remove this bathroom wall to prevent moisture build up in the shower.I have a few questions on the removal of the studs. The arch seems to be plaster. At the top, I guess what would be the header t...