The beauty about owning rental property is the longer you own it the better your return. This single family home was bought during the last housing market crash. My current cap rate is 27% ⠀
This Cute 2 bedroom house was rehabbed and re-rented in 2 weeks. It needed to be trashed out, cleaned, deodorized, repainted, broken window replaced⠀
Unfortunately I will have to put some new floors in the bedrooms. The last residents chewed up the pine wood floors really bad. ⠀
Happy Easter! 🐣 ⠀
Two bedroom flat for rent in Walthamstow E17. Top of the Victoria line, great location - 20 minutes to Liverpool Street, 20 minutes to Oxford Circus - available (almost) immediately! Fully furnished, all amenities including Gym, Tesco, transport within 5 minutes walk. Right next to the beautiful Lloyd Park. Let me know if you’d like a viewing 👍👍 #flat#rental#e17#property#rent#rentalproperty#london#eastlondon
The worst thing in life is regret, why? 🧐
Because it is something we can never ever get back.
That’s why the best time to start is NOW!
Take action, stop procrastinating, learn and try stuff out every day! 👊
Start that business, invest in that company, buy that rental property, exercise, travel and live the life of your dreams!
What’s your biggest regret? 👇
65 3431 hour ago
I had a great chat with a tenant the other day. She is a young Millennial, working for herself, owning her own business as an esthetician while renting a chair at a local barbershop. She was looking for extra space to live but told her that the space works really well for her business! She can write off some of those living expenses as business expenses! Make your money work for you, not against you. #rentalproperty#homebusinessmom#extraincome
1 41 hour ago
Apartamento 190m2 no Condomínio Quintas e Quintais, Alto Leblon. Recentemente reformado, padrão luxuoso, claro e arejado. Salão, piso em madeira, varanda, lavabo, quatro quartos, sendo uma ampla suíte. Armários embutidos, ar condicionado (exceto em um dos quartos). Banheiro social, copa, cozinha planejada, área de serviço, despensa, dependência completa de empregada. Três vagas de garagem, segurança privada, portaria 24hs, CFTV, grades de segurança e portas corta-fogo nas saídas de emergência. O condomínio conta com um clube anexo que inclui academia, salão de jogos, sala de ginástica, saunas seca e à vapor, cantina, restaurante, piscinas, quadras de tênis, parques infantis e playgrounds. * Recently refurbished, airy and clear. Spacious living room, wooden floor, wide balcony, lavabo. Four bedrooms (one ensuite), fitted wardrobes and AC (except in one of the rooms, normally used as office). Social bathroom, butler’s space, kitchen with fitted cabinets and cupboards, housekeeper’s room, laundry room. Three parking spaces, private security, concierge 24 hours, CCTV, security fences and fireproof doors at the emergency exits. The condominium also includes a club with gym, sauna, restaurants, swimming pools, tennis courts, parks and playgrounds.
Dvosoban zaseban namješten stan na spratu kuće sa ogradjenim dvorištem nalazi se u Zagoriču u blizini MUP-a. U kući nema drugih stanara. Idealno za porodicu sa djecom. ✔️
Cijena mjesečne kirije iznosi 200€. Depozit je obavezan. 🖌
📲 067 567 777
“If you think adventure is dangerous,try routine it’s lethal”~ Paulo Coelho
Ododo is an App that helps you find a home to rent and experiences to be made whilst traveling around Africa. We understand Africa is on the rise and many are ready to experience what Africa has to offer. We hope when you look back at your experience Ododo would be a part of it.
Please follow our page to be the first to know when our app launches. #africa#adventure#nigeria#culture#ghana#southafrica#rentalproperty#home
You Always have excuses and don’t do anything at all. If you say anything of this 10 things you are a loser, so stop and take control of your life and do something.
Had a few people ask me for the final numbers to my recent purchase this week, so here they are:
$675,000 - Purchase Price
$10,000 - Earnest money deposit
$22,000 - Cash required at closing
$5,000 - Closing Cost Credit
$8,225 - Rehab Credit
$9,000 - April Rent Credit (see video on “having less cash out of pocket at closing”)
$75,000 - Seller Second Mortgage (8% interest only, due in 18 months)
$1,100 - Day 1 monthly net cashflow
$1,800 - Net cashflow after rehab, rent increases and cost cutting programs
$5,000 - Rehab budget per unit
$32,000 - Total cash into the deal
40% - Cash on cash return
Also, a nice little bonus... the property just appraised for $700k, so we have an additional $25k in unplanned equity!
**Guys, click the 🔗 in my bio if you’re looking for examples of Leases, Financial Portfolios and Credibility Sheets for your bank.**
TAG A FRIEND IN REAL ESTATE👇