 In todays dollars (by NE [PA]) May 6, 2025 12:44 PM
 In todays dollars (by MikeA [TX]) May 6, 2025 9:46 PM
In todays dollars (by hubba hubba [CA]) May 7, 2025 12:04 AM
In todays dollars (by Ray-N-Pa [PA]) May 7, 2025 6:40 AM
In todays dollars (by Taylor [TX]) May 8, 2025 10:12 AM
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In todays dollars (by NE [PA]) Posted on: May 6, 2025 12:44 PM
Message:
There is a website that shows you $ devaluation over time. Or as some folks like to call it, inflation. It’s called in2013dollars D O T C O M. It’s fast and pretty neat I think. I plugged in some of my old & some still current lease numbers. For example: In 2005, the lease had a $35 A/C Unit charge per ac for units with electric included. In today’s $, that’s $55. Time to update that. The first property I bought was $20,000. Today’s price is $33,000. I’m going to work on my purchase and sale prices over 5-10 years past and see where I should be today when buying.
I need to look at my oldest existing lease for damages charges and update those to today’s dollars as well.
The first house I bought rented for $550 and the current value of that $550 is $848 according to this site. That house is currently rented for $895. --24.152.xxx.xx |
In todays dollars (by MikeA [TX]) Posted on: May 6, 2025 9:46 PM
Message:
I did the same thing recently though didn't do the analytical work you are. I hadn't updated things like the per-day late fee in a number of years so I ended up just doubling them. --209.205.xxx.xx |
In todays dollars (by hubba hubba [CA]) Posted on: May 7, 2025 12:04 AM
Message:
3.8% average inflation rate. Well above the Fed Target. No doubt the bulk of it transpired in the 2021-23.
--157.131.xxx.xxx |
In todays dollars (by Ray-N-Pa [PA]) Posted on: May 7, 2025 6:40 AM
Message:
Incredible tool
After a while we all get prone to the "but we always did it that way" method of thinking. That shoots holes into process improvement. Where does it stick with me the most? I think, but I could buy a house for this before, why can't I do that now?
Why because of inflation. Do you suppose the government will stop devaluing the dollar? If the answer is NO - then real estate is a valid safe haven....proving adjustments are made to income. --67.140.xx.xxx |
In todays dollars (by Taylor [TX]) Posted on: May 8, 2025 10:12 AM
Message:
I'm using the example move out and repair charges list that Brad gave out a decade (or more?) ago at a LL convention. Haven't updated the pricing. Maybe I'll bring it to the convention this year and we can walk through some numbers and add/delete some stuff like Ring doorbells and vinyl plank siding... --107.204.x.xxx |
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