- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Real estate investors -- how do you evaluate property values
Posted on 12/30/19 at 2:08 pm to TheOcean
Posted on 12/30/19 at 2:08 pm to TheOcean
For SFR, $350 per bedroom in monthly rent (higher in trendy area, lower in ghetto)
12 months rent= what the property is worth to me, don't care what it's worth to others.
Also you need to make damn sure up front what the taxes are going to be for you, not the previous owner, but you, and without the typical homestead exemption. Deduct this from your 12 month total.
Obviously this method will eliminate tons of potential properties but the ones you do get are going to make you alot of money.
With RE really high right now, not a great time to buy unless you have more money than you know what to do with.
Let the downvotes rain down upon me.
12 months rent= what the property is worth to me, don't care what it's worth to others.
Also you need to make damn sure up front what the taxes are going to be for you, not the previous owner, but you, and without the typical homestead exemption. Deduct this from your 12 month total.
Obviously this method will eliminate tons of potential properties but the ones you do get are going to make you alot of money.
With RE really high right now, not a great time to buy unless you have more money than you know what to do with.
Let the downvotes rain down upon me.
Posted on 1/9/20 at 7:58 am to deeprig9
quote:
12 months rent= what the property is worth to me
This doesn’t sound right.
Popular
Back to top
Follow TigerDroppings for LSU Football News