Polat Caglayan
C class or not how can ı understand
11 January 2025 | 2 replies
Class C properties are considered the riskiest investment, but they can offer good cash-on-cash returns.
Nicholas Davaul
Katy/West Houston Investors, Agents, PM, Contractors -- Let's Connect!!!
7 January 2025 | 3 replies
I don’t want anything in return—just hoping to network, make new friends, and maybe be of help or value to you in any way.If you're up for grabbing a quick lunch, coffee, or beer (on me!)
DJ Wilson
Keep Security Deposit for Unpaid Rent in California?
15 January 2025 | 4 replies
Repairing damage to the property caused by the tenant or the tenant’s guests (beyond normal wear and tear).Cleaning the rental unit to return it to the same level of cleanliness as when the tenant moved in.Replacing or restoring personal property or appurtenances (fixtures) that were provided by the landlord and damaged or lost during the tenancy.Here's a link to the full California Law: https://www.gowhale.com/security-deposit-laws/california
Addison Ross
Batch Skip Tracing in Canada
6 January 2025 | 1 reply
You provide an excel sheet with basic information about the companies and they return all the contact info you could want for about $0.15 per lead.I have not been able to find an equivalent for Canada.
Devin James
Update - Everything Went Wrong
30 December 2024 | 5 replies
Quote from @Devin James: Quote from @Dominic Mazzarella: Quote from @Devin James: Everything went wrong with this investment: - Took 4 months longer than expected - Cost $10K more to build than we anticipated - Sold for $20K less than we anticipatedWe still profited with a 30% return on equityThis is why I love Real Estate InvestingWhen you do your diligence and stay conservative with your numbers, it takes something really bad to lose money.Here was the original post:My siblings and I are building a home in North Port, FL.Here are the numbers: - Finished Home Value: $412Kish - Land Cost: $19,750.39 - Construction & Permitting Costs: $304,897Additional costs: - Environmental Site Assessment - General Liability Insurance - Builders Risk Insurance - Construction FinancingWe will be listing the home this weekPhotos coming soon!!
Account Closed
Paying off Rental or Primary
31 December 2024 | 8 replies
This might not reduce your taxes, but it's a better use/return for your money than paying down a 4% or 5% mortgage.
Luke H.
Would You Do This Deal? Lending Opportunity
29 December 2024 | 12 replies
Key Deal Points:Loan Amount: $88,000Lien Position: 1st position Purchase Price: $120,000Appraised Value: $250,000Interest Rate/Return: 11% annual returnTerm: 5-year balloon (meaning the entire principal and interest must be paid at the end of the term)LTV ratio: 35.2%---Licensed Lending company for contractsRMLO package completed on buyersServicing company for payment
Sam Evrard
How to analyze different locations
12 January 2025 | 4 replies
They should be able to determine the COC, annualized return, estimated ARV of a BRRRR, accurate rent comps and more.
Austin Bull
AI and REI
29 December 2024 | 8 replies
You could put in a range of numbers for purchase price and closing costs, renovation expenses, and expected returns and you could very quickly get a range of projected return on investments (although an excel spreadsheet could easily do this as well), but I'm sure as technology develops we will see even more sophistication in AI's ability to assist in deal analyzing.
Leon G.
Getting out of the rental business after 10 years
10 January 2025 | 67 replies
You’re currently getting a 10% return PLUS appreciation.