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Results (10,000+)
Erik Quinson Stone Mountain, GA - Fix and Flip
28 August 2024 | 0 replies
The initial renovation budget was ~$30k, when all was said and done I spent $43k on the renovation.
Sanjeev Advani Macy's Sees Strong Demand for Real Estate Amid Department Store Decline
28 August 2024 | 0 replies
The New York-based retailer, which also owns Bloomingdale's and Bluemercury, recently announced plans to close and sell 55 stores this fiscal year, up from an initial 50, due to strong deal momentum.
John Appleseed Can anyone tell me if they've used DeferAlly for a 1031 Exchange?
28 August 2024 | 3 replies
I've performed a few 1031's and had to pay initial fees.
Albert Hepp Minimizing acquisition costs when you get to the Repeat part of BRRRR
28 August 2024 | 4 replies
That's the job.Good news: once you gain more traction you can leverage a cold calling VA to help with the initial contact (the most time intensive part of the process), I run a call center for Real Estate so I know this can work.
Mike Savage mid life property portfolio evaluation
30 August 2024 | 30 replies
We typically see these bonuses between 5.5-6.5% of your initial equity investment.
Callie Currier Process for turning primary into rental
30 August 2024 | 17 replies
I initially was going to do a commercial loan and purchase my next house as an actual investment property, but financially it made a lot more sense for me to move into it and put a lot less money down upfront and have a lower interest rate.
Kenny Stevenson Starting out. Need starter advice
29 August 2024 | 10 replies
You’d buy a fixer-upper, renovate it to boost its value, rent it out, then refinance to pull out your initial investment and do it all over again.
Renita G Ezell Becoming More Familiar with Alabama
27 August 2024 | 0 replies
We are interested in Mobile County and the Huntsville area.We are from CT, so we are requesting your assistance in finding ~  a good Alabama real estate attorney, and ~  interested investors for quick flips (initially)  We welcome advice and feedback to increase our knowledge of this state and those counties.I appreciate it!
Vinny Incognoli HELOC Primary Home for Down Payment?
28 August 2024 | 18 replies
This creates two loan payments ($100,000 of equity and $300,000 on the new mortgage).Key NumbersHome Equity Loan Interest Rate: 6%Mortgage Interest Rate: 7%Rental Income: $3,000 per monthExpenses (management, taxes, insurance, maintenance): $800 per monthIncome and ExpensesMonthly Rental Income: $3,000Monthly Expenses: $800Monthly Mortgage Payment: $2,000ExplanationThe investor earns $3,000 in rent each month.They pay $2,000 on the investment property mortgage and $800 on other expenses.This leaves $200 profit each month or $2,400 per year.However, you have to pay $6,000 interest on the equity borrowed.This leaves you with an annual loss of $3,600.This example shows that while the rental property generates positive monthly income, the interest cost of borrowing the initial $100,000 results in an overall annual loss.
Marquis Cobb Sponsor for syndication
28 August 2024 | 32 replies
So my initial plan was to get in touch with them some how and get on a call then present my deal, but as I said before I can't really get my foot in the door