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5 December 2024 | 5 replies
I could not find any details that confirm that online.
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5 December 2024 | 15 replies
You'll need to have them provide you a comparative market analysis.
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30 November 2024 | 0 replies
Hi all! I've been reading Brandon Turner's book, The Book on Rental Property Investing and am noticing a discrepancy. He states a loan amount of $60,000. On Page 134, he lists the following when analyzing a deal:
Sal...
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3 December 2024 | 2 replies
Scott – This one is tailored to investors looking to understand real estate accounting and bookkeeping.You might also consider looking into general bookkeeping books like "QuickBooks for Dummies" for managing finances, especially if you ever plan to expand beyond REI Hub or need more detailed tracking!
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4 December 2024 | 5 replies
Shoot me a message and I can share some more details with you.
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3 December 2024 | 1 reply
We’re now listing at $4,295/month.Financial details:- Loan balance: $640k on a 30-year fixed @ 2.85% (PITI: $4,020/month).- Selling could yield $400-$600k, mostly tax-free, if sold by spring 2025 while within the 2 of 5-year capital gains exemption.Options:1.)
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4 December 2024 | 8 replies
I can send you the details if you want.
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5 December 2024 | 24 replies
If you can send me some details on it I would send them PMs and see if I get a bite and happy to pass on the info if I do.
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3 December 2024 | 6 replies
@Francisco Pineiro To protect yourself when working with contractors:1.Start with a Clear Scope of Work (SOW): Ensure every detail of the project is outlined in writing, including materials, timelines, and deliverables.2.Use Milestone Payments: For a $40K rehab, consider this structure: 10% upfront, 30% at halfway completion, 30% at 75%, and the remaining 30% upon full completion.
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5 December 2024 | 7 replies
Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!