Wei Huang
Adding home value with new windows
9 May 2015 | 4 replies
Realtors and contractors are promoting the slumlord experience, eg never investing in the property, and extracting every bit of blood out of the house you possibly can etc.This works well in the short term, but when it's time to dispose of the asset, people will look at your manky horrible windows and knock you for them.But then replacement won't be $6k by that time, they'll be $10k, and the buyer will knock you $15k on the price - because they can.Don't fall into the trap "it's just a rental".
Account Closed
Softening the Tax Blow of Early 401(k) Withdrawal for REI?
13 March 2018 | 10 replies
Is here a way to extract the cash out of the company and take the distribution, pay the income taxes BUT avoid the 10% excise tax?
Ben Leybovich
CLOSED on a 98-unit TODAY!
19 May 2020 | 248 replies
Congrats, guys, and thanks for providing quality content and extracting all the details out of this deal.
Ruben Zacarias
need hard money loan to acquire real estate property, steps to sell to someone who needs owner finance?
8 May 2013 | 11 replies
Trouble is there's no way to extract a $25K spread out of a deal like that unless the end buyer has $25 in cash.
Account Closed
Macros to make ARV analysis more efficient!
23 February 2016 | 23 replies
Hi Everyone - In an effort to determine ARV on a potential fix and flip in an efficient manner, I've asked my r/e agents to send me data extracts from the MLS on the comps.
Ryan Roundtree
What is the best equity loan to get if I have 100% equity in my property?
4 August 2014 | 3 replies
I have 100% equity in my investment property and I would like to extract the equity to buy more investment properties.
Scott Sutton
How do I estimate market value?
5 July 2011 | 5 replies
73% operating expenses is off the charts unless your friend is paying himself out a big salary and retirement etc.Age of the building and location will determine what CAP rate a buyer will pay among many other factors.If your friend owner finances a portion they may be able to extract a higher price.If they want a straight sale from a cash buyer the price will be lower.The scary part is your friend owns an 86 unit but does not know how to go about estimating value.I expect this with investors owning 4 to 10 units but not usually complexes that big.To purchase ones that big usually the owner has a very good grasp of cost and resale analysis.Investor buyers will look at value add with the property as well the current CAP rate going in and projected CAP rate later on.For an older building a 10% CAP is a good starting point to draw interest in many markets.That would put your friend at a sales price of 1,730,000 before resale costs.Really needs a commercial broker in the area that specializes in these types of property.
David Gerber
Help! Best way to structure home sale with family members
9 July 2018 | 2 replies
Several moving parts and complex (at least for me), so bear with me:Brother (J) owns home where mother (H) lives, has a cheap mortgage, but would like to extract his equity for other investments.
Farhan Abbasi
Wireless cameras (with cloud service, good recording time)
18 August 2018 | 23 replies
So you need to extract what you need in 24 hours and store if the short video coverage is not enough (only limitation which has not been an issue so far).
Kokou F.
Choice of market for a beginner
31 October 2018 | 22 replies
Around 50% of my purchases have infinite ROI because I was able to extract 100% of my investment.