4 March 2021 | 20 replies
They don’t want you there, they aren’t your friends - they are your employees.
17 September 2020 | 12 replies
Duplex across street from private college built in early 2000sPurchase price $380,000, $5000 down Rented for $4000/month, monthly cashflow after expenses (including, taxes, vacancy, repairs etc) approx $650/monthIn Summary, $8300 in gross rents added and $1450 in monthly cashflow, hows that for cash on cash return!
18 January 2021 | 0 replies
In Q3 2019, the average gross profit was $61,000, meaning investors are making an average of $12,000 more this year!
12 September 2017 | 16 replies
and getting irritated and pissed at how gross some people live.
19 April 2022 | 6 replies
Thanks @Cooper MarcusOf course, the threshold considerations are whether (i) you are eligible (i.e. self-employed with no full-time w-2 employees) and (ii) retirement funds in an account that you can rollover (i.e. former employer plan and/or non-Roth IRA that is invested in investments that can be liquidated an acceptable cost).Assuming that you cross these threshold issues, here are some additional comments/considerations:1.
9 September 2019 | 3 replies
Using a cap rate or a gross income multiplier leads to valuations that are crazy outrageous and just cannot be accurate in a market where real estate trades around a 3-6 cap, and a 166 - 200X monthly GIM.
24 April 2020 | 0 replies
Business has become simpler and easier in this new virtual business model than it was before with an office filled with employees, clients, tenants, and vendors.
15 May 2020 | 1 reply
Google and Facebook followed suit announcing all employees will or can work remotely until the end of 2020.This has prompted other companies to set up permanent systems for security and longer term W@H scenarios.Although I don't think we are there yet, the real implications for real estate appear to be regarding Commercial Real Estate with regards to office leasing and office real estate space.
8 August 2019 | 2 replies
Let's say you have $1M in the bank (I don't have that much, but for the sake of argument).1. invest in S&P 500 ETF - the historical average is 7.96%. 2. buy 4 properties in Texas - good school, good neighborhood according to roofstock, you can purchase a house near Houston for $230k withAnnualized Return = 7.5%, Cap Rate = 4.8%, Gross Yield=10.1%, Appreciation 4.4%, monthly cash flow = $900.It seems like it's about the same as S&P 500 but I don't have all my assets in the stock market.I understand that the number on roofstock might be optimistic.
3 June 2021 | 6 replies
One third of the gross revenue then goes to the property owner, and the owner is not on the hook for maintenance or repairs.