18 October 2023 | 12 replies
The other strategy is to sacrifice cash on hand in exchange for putting more equity into the property and decrease debt load.
3 November 2023 | 5 replies
You can find higher ROI (on paper) here and probably in other cities…but the probability of actually collecting rent significantly decreases.
19 January 2024 | 12 replies
However, if you had not utilized cost segregation to decrease your taxable income and instead used straight-line depreciation, your taxable income over the past 5 years would’ve been significantly higher.
4 December 2020 | 11 replies
I’m open to other avenues as well, but like the overall approach since motels/hotels are likely experiencing revenue decreases due to Covid, there may be deals to be had there...Sorry for the delayed response as I didn’t catch any email updates re: your reply to my post.
8 November 2023 | 13 replies
The monthly mortgage payment is not going to decrease if you pay the loan down.
5 April 2023 | 10 replies
Dr and Cr) for the original entry.The monthly payment my buyer is making to me is $394 each month--the interest portion is $368/mo (which slightly decreases since this is a 30-yr amortized note).We would like to know the journal entries for each monthly payment.
10 February 2020 | 6 replies
All things equal, a duplex should provide better cash flow, but as Rassan pointed out, you're likely trading that for decreased liquidity and perhaps appreciation.
18 January 2024 | 0 replies
Our response to the seller was since they would not allow a full structural inspection to decrease the ask by $20,000.
13 October 2015 | 6 replies
Financing does not increase or decrease the value of the thing that is being financed. 2.
23 April 2011 | 8 replies
The only reason is they adding separate metering or the costs went higher and they do not want to disclose that fact.Any hidden cost will lower the NOI and make the offer price worse so the sellers like to hide as much as possible.If they hide 10 things and you find 5 then they still have a shot at a higher price.Get the utility numbers from the companies to see by how much they have increased,stayed,flat or decreased over the years.If water usage is high look for leaks at the line going to the street and check the toilets and plumbing for problems.You would need to find out the historical numbers year by year for the property as well as turnover rate.Time lines for eviction in your area to get them out and re-rent.Is your rent under market,competitive, or high for the market for your property you want to buy??