11 December 2014 | 6 replies
First: I'm not a lawyer or accountant, so don't rely on this advice.That said: you're within the cap gains allowance for primary residence.
23 December 2014 | 41 replies
And even now they have a cap on what they'll pay for mold remediation.
11 January 2016 | 16 replies
While I realize each geographic market is vastly different in terms of acceptable cash on cash returns, I'm curious for what benchmarks or rules you have set for your business to ensure long term financial success.For example, I evaluating a property right now with 11.86% Cash on Cash and that includes 10% vacancy, 12% PM, 5% Cap Ex and 10% Repairs.
2 January 2015 | 1 reply
Determine what cap rate you'd like.One way to do this is to say:Selling Price = NOI/CapRate.These are just some preliminary methods that could help you get a ballpark.
23 January 2015 | 9 replies
It sounds like a great deal, and you can't argue with a 16% CAP rate.In fact, I would say you are doing it exactly right.
26 January 2015 | 17 replies
Our median price is around 280k.. where BAy Area is 700k so you get a lot of bang housing wise for your money..
29 June 2017 | 11 replies
I know that NOI/Cap rate= property price, but I don't know what cap rate to use.
29 August 2017 | 9 replies
I've been trying to refinance this property for a few months and am having a very difficult time finding a lender that seems to fit the model of what I'm trying to do here.I'm trying to refi for around 70-75% of he ARV which is just over 300k.The rent roll is $3350 a month and after reserves for taxes, insurance, etc. it should cap out at around 10%.I'm trying to keep the title in the business name.
10 July 2017 | 1 reply
I've been trying to refinance this property for a few months and am having a very difficult time finding a lender that seems to fit the model of what I'm trying to do here.I'm trying to refi for around 70-75% of he ARV which is just over 300k.The rent roll is $3350 a month and after reserves for taxes, insurance, etc. it should cap out at around 10%.I'm trying to keep the title in the business name.
2 August 2017 | 14 replies
The reason its more expensive is because it has in the past appreciated faster; no reason for me to think that Atlanta will ever out appreciate LA in the long run.But cap rates/etc will be higher in ATL