All Forum Posts by: Steve R.
Steve R. has started 3 posts and replied 13 times.
@Michael Tuck
duplex price : $550k ($7100 squarefeet lot and 1000squarefeet building both side)
1bed1bath each side. hydepark, 10 minutes drive to UT Austin
rental : $1200 each side
total rental : $2400
cashflow negative : -$1000 ( not including maintenance or property management . which will even make this to -1500 cashflow negative)
Appreciation: $5000
but the key here appreciation. so you can buy appreciation. thought
not sure what other think?
will you guy invest?
Post: First rental turned out to be negative cash flowed.
- Austin, TX
- Posts 13
- Votes 4
@Supada L.
Scenario with house price 300,000
1. appreciation . $500 permonth. and cashflow $300 per-month
2. appreciation $1000 permonth and cashflow -$100
3. appreciation $4000 permonth and cashflow -1000
in above scenario why we care about cashflow if appreciation earn more?
@Ryan Kelly
Thanks all good point. i am learning alot ;)
Post: When US debt collapse - interest increase - renter not able to
- Austin, TX
- Posts 13
- Votes 4
when us debt increase and cause interest increase so high then renter not able to pay anymore. does real estate still the lowest risk compare to all others https://youtu.be/bgPDW0ZpgJU?t=9m52s
Austin, Texas, ranks No. 1 for having the most people in financial distress. 75% homeowners in austin (https://wallethub.com/edu/cities-financial-distress/79863). does that mean in march-july 2021 Austin will face the most forbearance? (Those relief options allow borrowers to hit pause on their loans for a total of 360 days (two separate 180-day terms) that started in March 2020.)
Post: Tell us how to improve BiggerPockets content!
- Austin, TX
- Posts 13
- Votes 4
@Allison Leung
how to see my own posting in mobile app? currently there is no easy way to view it
Post: would you invest with cap rate 8.22?
- Austin, TX
- Posts 13
- Votes 4
@Bjorn Ahlblad
Thanks
Post: would you invest with cap rate 8.22?
- Austin, TX
- Posts 13
- Votes 4
@Bjorn Ahlblad
yes. it is come from the listing. though, doubling the expenses to $20,000? doesn’t it sound like too much expenses ?
https://www.redfin.com/TX/Dallas/8001-Rothington-Rd-75227/unit-41-47/home/31139217?utm_source=ios_share&utm_medium=share&utm_campaign=copy_link&utm_nooverride=1&utm_content=link
Post: would you invest with cap rate 8.22?
- Austin, TX
- Posts 13
- Votes 4
@Kristofor Rahmas
thanks. what will be no deal range for you? just curious so i can consider it as my benchmark?
Post: would you invest with cap rate 8.22?
- Austin, TX
- Posts 13
- Votes 4
@Tanner Morrill
thank you for feedback. appreciate. it give me some baseline benchmarks to look for