Joel S.
Need advice on Terms of a Deal
3 May 2013 | 7 replies
And just like a wholesaler you do not really get an option period and you have to do your own due diligence in finite amount of time at the property when you meet them there.
Philip Bashaw
How do I determine an ARV on a small apartment building?
19 May 2015 | 15 replies
This gives a good idea of what your gross margin is on your rental income prior to hitting your numbers with the below operating costs- operating costs for after rehabbed A class repositioned building and adjust accordingly from your current operating expenses - do the same adjustments for income when comparing A class rental apartment buildings after you've raised your rentsAt the end of the day when your done with these adjustments you can figure out what your adjusted NOI will be and then adjust your cap rates as well to get them near what A Class buildings sell at currently.adjusted NOI/ adjusted cap rate = projected value If you want to be conservative have your local bank run his Cap rate and underwriting rates through the projection and this will give you an idea of what the banks value will be and if you're off or not.You can then ask your local brokers to see at what cap they think your building will sell at and adjust your cap rate accordingly to arrive at a more and more accurate valuation.If the total all in costs of 800k acquisition price and 560k rehab is at 70-75% of the projected value you can probably jump for joy because after obtaining this financial performance for 6-12 months of stabilized rents you can probably cash out the entire 1.356M and generate an infinite return as you will have all your original capital back and perhaps even beyond what you initially contributed...Hope that helps.
Amit G.
First BRRRR success; on to the next one!
28 September 2017 | 74 replies
Not considering closing costs for refinance, this amounts to infinite returns!
Frankie Lotrec
Should loans be from local bank or where investement is?
2 May 2017 | 8 replies
Once you've gotten the reams of paperwork together for one lender, it's infinitely easier when you're working with the second, third, etc. because they're all basically looking for the same stuff to send to the underwriter.
Account Closed
Is it better to be over-leveraged or under-leveraged?
6 March 2015 | 29 replies
When I was 25 years old I raced along every tight rope cliff edge - taking advantage of the fact that things generally go well, and while holding the view that the future was infinite.
Travis Washington
50% Rule Cash Flow Guideline
11 June 2015 | 17 replies
So then I'll have an infinite return hah.
Daniel Watrous
Rental Market for New London County
24 May 2016 | 3 replies
Statistics are infinitely subjective, but I refocused on single family homes with 3 Beds, 1.5-2 Baths, on less than 2 Acres for sales information to compare with rents, including factors for rent/sale liquidity (Days on Market DOM).
Eric Quintanilla
Is there a such thing as too early or too late to Get an LLC?
28 May 2019 | 10 replies
No matter where you live or where you own assets, I personally recommend the Series LLC to be a great tool for the individual investor who is planning to expand their operation, as it allows for you to scale infinitely for FREE.
Chris McDonald
Buy 2nd Rental or Pay off 1st?
17 July 2017 | 11 replies
[Useful goal: Refinance to have NONE of your own money left in the original deal - for INFINITE returns!]...
Sean Carroll
Need multiple lines of credit Bay area Ca
24 July 2017 | 6 replies
Life insurance policy designs based on infinite banking or bank on yourself will NOT make sense financially.