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20 August 2024 | 15 replies
Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.
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20 August 2024 | 21 replies
Also note, as I learned the hard way, different governments define and calculate capital gains differently!
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20 August 2024 | 45 replies
This makes the strategy viable for managing a due-on-sale clause, as it effectively keeps the transaction off the lender's radar, delaying or avoiding the clause's enforcement.While this method can solve the due-on-sale clause issue, it does come with a calculated risk—primarily depending on the trustworthiness of the seller and the specific legal environment.
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17 August 2024 | 0 replies
I might be calculating things poorly or overlooking something, but I'd prefer to be on the safe side.
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20 August 2024 | 452 replies
@Alex Zokan asked a similar question to mine so I'm tagging him here as well.At what point will the rent from the subject property be included in DTI calculations?
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16 August 2024 | 6 replies
Attend local meet-ups to network with wholesalers, agents, investors, lenders, and contractors.Always calculate your own figures and be cautious of deals from major wholesalers.
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16 August 2024 | 5 replies
This includes budgeting for initial investments, calculating potential returns, and having a contingency plan for unexpected expenses.Real Estate is a vast industry, and with dedication, continuous learning, and ample networking, success is within reach.
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16 August 2024 | 10 replies
I recently put together two detailed excel profit/cash flow calculators specifically for BRRRR and fix-and-flip investment projects.
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16 August 2024 | 2 replies
BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.