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All Forum Posts by: Account Closed

Account Closed has started 3 posts and replied 6 times.

Post: Property Rental Calculator

Account ClosedPosted
  • Bethlehem, PA
  • Posts 6
  • Votes 0

Hey guys...i wanted to know if i would be able to purchase the rental property calculator by itself without the additional features that comes with the plus and pro ? or i have to upgrade to plus or pro to use it.

Post: I'm new here and trying to understand the 50% rule

Account ClosedPosted
  • Bethlehem, PA
  • Posts 6
  • Votes 0

thsnks Larry, most of the investment will be buy and hold rental properties.. I was wondering if there is any more rule of thumb I could possibly use..

Post: I'm new here and trying to understand the 50% rule

Account ClosedPosted
  • Bethlehem, PA
  • Posts 6
  • Votes 0

thanks Antonio I can see that already Lol... Its overwhelming to see that I've ask just one question that lead to so much information that was well needed.

Post: I'm new here and trying to understand the 50% rule

Account ClosedPosted
  • Bethlehem, PA
  • Posts 6
  • Votes 0

oh ok thanks Kelly and Emily that really helped a lot... Now I understand it way better than before.

Post: need advice on moving from your first duplex to your second

Account ClosedPosted
  • Bethlehem, PA
  • Posts 6
  • Votes 0

Hi guys.. I wanted to know how can I or what advice I can get on getting a second duplex with different ways on financing and so forth on to the third and fourth? 

Post: I'm new here and trying to understand the 50% rule

Account ClosedPosted
  • Bethlehem, PA
  • Posts 6
  • Votes 0

For example: i wanted to know if I had rent coming in at $1000 and mortgage is $400, which the rule states that 50% of the income will go to expenses and the other will pay for the mortgage and the reminder will be the cash flow. So I'll put $500 in the expenses column and the other $500 I'll use to pay $400 for mortgage and then keep $100 in my pocket. But what if for a whole the unit or home doesn't need any fixing just painting will I still keep that $500 in the expense column or I then put it in the cash flow column since I don't have to use it?