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Results (4,207+)
Ben Leybovich Depreciation is Real - Don't get Caught Like I Did!
10 April 2015 | 37 replies
Simultaneously we upgraded the partial furnishings that came with the unit.The transformation was tremendous--about 7 years after the building was acquired from a slum lord, after lots of small, carefully-planned steps, the building went from dingy to looking clean and rentable to quality tenants.
Tom Henderson Difference between ROI and CAP Rate?
31 August 2014 | 7 replies
It seems lots of investors use the terms simultaneously when, in fact, they could have totally different meanings.Here is my thought on CAP Rate: Annual NOI)/(Purchase Price + Rehab costs).. is this right?
Joe Kooner Double Closing Title Company in Washington State
13 January 2018 | 16 replies
However, I did learn through my research that in WA state you cannot do a simultaneous closing but are allowed to do a double closing so that was a good golden nugget.Basically, does anyone here have a good title company they would recommend?
Steve S. Opportunity Fund or 1031 Exchange: Which is better?
19 June 2020 | 3 replies
Because of that, the IRS also allows for something known as a non-simultaneous or “Starker” exchange.
Cody Winters Becoming Mortgage Broker
22 April 2017 | 4 replies
This is why real estate agents don't carry their MLO licenses simultaneous to their realtor license and visa versa.
Troy Knight Building a spec house in AE Flood zone
14 March 2021 | 13 replies
You can do this simultaneously with the structure to save time. 
N/A N/A The "FACTS" About John Alexander's Inverse Purchas
10 June 2007 | 6 replies
The Inverse Purchase is not simply a FLIP that uses a simultaneous closing method.
N/A N/A Real Estate investing with bad credit!
23 March 2012 | 5 replies
So let's say we agree to pay $600 a month with $100 a month credit towards the purchase.You start you're repairs and complete them in 30 days or less and let's say you purchased $1,500 in materials.Now you place the property on the market because you have the option to purchase "You have taken control of the property with your option".Let's say this deal has taken you 90 days from the beginning to the end.You find your buyer let's say at a great deal of $95,000 - $5,000 below market value at this point you would simply exercise your right to the purchase option and do a simultaneous close.Now let's run the numbersYour option purchase was $80,000Your option credit of $5,300 (Repairs, materials cost, labor & monthly credit)Your purchase price after credits $74,700Your buyer purchase price of $95,000Leaving you a gross profit of $20,300You had out of pocket material cost of $1,500You had 3 payments of $600 each with $100 for the credit purchase with an out of pocket of $1,500Carrying cost of $600, (Real estate taxes $300 &$300 Utilities)Advertising cost $300Closing cost $1,300Your net profit $15,100You simply took control of a $100,000 property for $3,900 (payments, materials, utilities, and advertising) and turned a profit of $15,100 in 90 days!
Lucas Mills My thoughts (and confusion) on capital expenditures
14 September 2017 | 14 replies
So, I guess what I'm wanting to know is how should I reasonably prepare for this without simultaneously being too conservative and passing on deals because I don't fully understand how this will play out over the long term?
Michael R. How to find homes owner will finance
18 October 2008 | 29 replies
Maybe I'm misunderstanding the discussion:Sounds like simultaneous closings.