Alan Asriants
Is this an end to Wholesaling?
30 October 2024 | 236 replies
‘Wholesaling” may not be as prevalent as it is today; may not be pushed by countless gurus; may not be in the same form as we know it.
Justin Koopmans
California Seller Financing Purchase Contract / Addendum
14 October 2024 | 2 replies
I purchased an apartment building in 2018 and I had Fidelity send over their boiler plate seller financing form as a Word doc and I just edited it.
Joe DeSimpliciis
Looking at short term rentals outside Yosemite. Anyone familiar?
13 October 2024 | 15 replies
I would definitely make sure you are running a pro forma to make sure your numbers are what you need them to be.
David Hite
Pro Forma income vs Actual Income - Property Price
8 October 2024 | 3 replies
If you increase rents, if you go MUGS and put the utilities, if if if ifHaving owned and sold businesses and 1-2 properties, I have learned that I do not want to pay for POTENTIAL, but want to pay for what it ACTUALLY produces.Of course the seller will want the max, and the real estate agent will also want the max, so will push for the Pro-forma or potential income.....and base asking price off of this.I find that my numbers to evaluate properties almost never work with the asking price (based off potential), but almost always work with ACTUAL value.
Account Closed
PEP fund with Lane Kawaoka
15 October 2024 | 69 replies
This is where experience really pays off.These were just bad investments with overly optimistic pro formas.
Max Bellino
Anderson Business Advisers Asset Protection
15 October 2024 | 26 replies
Within the retirement account form a series LLC and have each asset in a separate series.5.
Roy Mitle
K1 challenges on syndication
8 October 2024 | 11 replies
Attach this form as the LAST page of the paper return.
John Prorok
No responses from syndicator
4 October 2024 | 17 replies
I should have asked for pro formas vs. actuals.
Wayne Chou
My 1st Multifamily - Thoughts and guidance to help gut-check my buy matrix
4 October 2024 | 4 replies
However, I would suggest you calculate a 5-10 year pro forma on each property and calculate an overall IRR for each so you can compare and contrast based on your risk tolerance.
Coty B Lunn
4-Family Buy and Hold
1 October 2024 | 4 replies
Purchase price: $205,000 Cash invested: $27,112 Bought for $205,000 in the Maine-Endwell school districtMonthly rent (pro forma with 3 month stabilization) $4,800Taxes: $9,238Insurance: $2,642Gas/electric: $0 Water/sewer: $2,451Total expenses: $14,280 I used a conventional 10% down.