David Hori
Is Pace Morby a Scam?
2 December 2024 | 106 replies
His information is faulty, his approach is to "overleverage", "zero down" and in my opinion the information he leaves out is either lack of experience on his part or intentional deception, neither of which I am willing to be associated with.He leaves out very important information, like what my buddy recently posted at Using Subject To, to Get "Free" Properties - A Quick Guidelinehttps://www.biggerpockets.com/forums/311/topics/1188416-usin...We teach even the downside of Subject To and how to avoid the pitfalls.
Lisa Eisenhauer
Need a bank that will set up a checking account for an LLC owned by a Roth IRA
13 December 2024 | 16 replies
Titan was able to track the funds to verify that the second attempt did in fact go through (with no need to try for a third time!)
Xuming Yu
Tenants send in request after signing Contract
4 December 2024 | 7 replies
A few pictures should verify if there were stains.
Himateja Madala
STR evaluation in Kissimmee(Reunion)
9 December 2024 | 21 replies
However the property has a freeway behind it and hence no rear neighbors /more privacy.What do you want to to?
Sebastian Tamburro
New Investor looking to break into the foreclosure market
2 December 2024 | 2 replies
Verifying last 2 years of rental history very important!
Lisa Fondant
Jerry Norton programs ($10k finder fee - Powerflipper)
10 December 2024 | 104 replies
Still, based on all the non-verifiable hyperbole used in his presentation, I passed.
Alberto Freites
The Miami Market is Overrated?
27 December 2024 | 66 replies
Also these deals are not one out of 100 they are the last 3 i have closed on to keep, you can verify on the county site.
Timothy Holden
Has anyone used builder banc?
4 December 2024 | 37 replies
Could not verify business address, when we spoke to one of the "agents" he said they were in Florida, but address showed Delaware.
Alec Nault
STR Property Partners - Property Management Group
9 December 2024 | 15 replies
Ask for specific referencs of STR they are managing in the area and make sure to verify any information given.
Mathew Constantine
Question About Rental Property Analysis in The Book on Rental Property Investing
30 November 2024 | 0 replies
On Page 134, he lists the following when analyzing a deal:Sales Price: $132,490.00Sales Expenses: $17,000.00Loan Balance: $55,004.72Total Invested Capital: $35,950.00Profit: $24,535.28I agree with his thought process here when he calculates net profit, but I'm trying to verify the net profit by adding up all the sources of income over the past five years in his example by doing the following:Appreciation over five years=$12,490 (see chart on Page 133).Cash flow ($297.73x12x5)=$17,863.80 over five years.Loan paydown: ($60,000-55,004.72)=$4,995.28 over five years.Sales Expenses are still $17,000.Doing the math, profit= $12,490+$17,863.80+$4,995.28-$17,000=$18,349.08There is a $6,186.20 difference from the net profit he calculates.My question is: Is this $6,186.20 difference due to the forced appreciation gained in the property from the rehab he does in this example?