Marc Shin
Necessary to include photos of the exterior of the property?
20 December 2024 | 12 replies
You’re online listing doesn’t need to be a comprehensive photo shoot of every single nook and cranny of your home
Ben O'Neill
How to calculate ROI with multiple loans on purchase property?
19 December 2024 | 5 replies
For something more robust, tools like Excel or online calculators from financial planning sites might better suit your needs.Your ROI Formula:ROI = (Net Cash Flow ÷ Total Out-of-Pocket Investment) × 100For your scenario:Net Cash Flow = Annual Rental Income - (Mortgage Payment + 401k Loan Payment + Other Expenses)Total Out-of-Pocket Investment = $40,000 cash + $50,000 loan payments over 5 years.I came across a piece in Bloomberg recently discussing creative financing, and they touched on ROI calculations for multiple loans.Personal anecdote: A buddy of mine leveraged a 401k loan for a fourplex.
Eric Chappell
Has anyone use Rental Hero for bookkeeping?
16 December 2024 | 35 replies
Microsoft Excel, and most budget or free online bookkeeping isn't going to cut it in this situation.For the rental properties you own directly, I often tell clients and prospects that a P&L in Microsoft Excel is just fine and a balance sheet is not necessary for tax purposes.
Felicia Richardson
Reliable Foreclosure Websites
14 December 2024 | 11 replies
In most states they must be published in a local paper which all are online.
Neil Clooney
Real estate mentorship
18 December 2024 | 3 replies
If you choose an online program, ask how much access you have to the coach.
Richard Bautista
Too good to be true to have connected with a real estate agent who has a whole team?
8 January 2025 | 29 replies
Dig deep for online reviews, Better Business Bureau and their State Real Estate Board, etc.- Do be open-minded though as we have many of the above from tenants who claim we illegally evicted them (so, somehow we got a signed Write illegally?)
Sathya Priya Sampathkumar
Middlesex County Massachusetts
16 December 2024 | 5 replies
Thank for your help Connect with a great property manager or use one of the free online tools to estimate rents.
Joy McQueary
What markets are appreciating?
13 December 2024 | 6 replies
Hi @Joy McQueary - you can find a breakdown of rental rate increases by state online, and here's where to find a list of the hottest multi-family markets.
Jonathan Warner
No finacing contingencies allowed?
13 December 2024 | 12 replies
I'm perusing through some online listings for multifamily in my area.
Anna Granofsky
Shared Housing Advice
18 December 2024 | 6 replies
Andy Sirkin (fantastic legal team from SF) has a library of free online articles and a set of agreements to purchase, to help you on your way to become a Subject Mater Expert. https://andysirkin.com/article...Elizabeth and Christina (The Rental Girls) have done a great job pioneering the shared ownership (TIC's) model in Southern CA.