Chris Walters
Expense Percentages for Analysis
23 November 2016 | 2 replies
I am trying to see if the numbers I am using are similar.
Shane S.
Investing in Hard Money
6 November 2013 | 7 replies
They see each property personally and I won't do deals any other way if I am using someone else's money.
Ryan Esslinger
CPA or Real Estate Agent, Career life choice
21 July 2023 | 36 replies
I am using my CPA to provide tax and accounting support services to real estate investors.
Daniel Patton
CPA/REA Recommendations
14 March 2016 | 6 replies
Also, if you are looking for a lawyer that is very saavy in investing out of your IRA, I am using one in OH that one of the REIA coaches referred me to.
Samuel S.
Costar vs Reonomy vs Crexi vs Others
19 February 2023 | 20 replies
Both Reonomy and Costar have the ability toPull lists of Recent Sales to find buyersPull lists of properties with loans coming dueI am using Reonomy to:Find lists of property owners "likely to sell"I am using Costar to:Obtain city market reports (based on Sales, Economy, Supply & Demand Trends, Vacancy & Rent, Deliveries & Properties Under Construction)Run property valuations with for sale comps and lease compsSearch properties with +15% vacancy and 1-2 star ratingsPull withdrawn and expired Costar listingsI think Costar has more accurate data of ownership and contact information
Account Closed
Handwritten or typed-print Yellow Letters? Does it really make a differnce? Experience in success with either?
20 May 2015 | 6 replies
But as for the letters themselves I am using a hand written font from dafont dot com and text boxes to place the text on the margins of yellow legal pad paper.
Roy Mitle
Refinance for non-US citizen
11 November 2015 | 2 replies
I am US citizen and can co-sign.
Edward Kiser
I need help on planning my next step on a turn key rental.
27 March 2018 | 5 replies
I am using a VA loan with no money down.
Rob Fegan
18 Plex deal feedback
27 October 2013 | 7 replies
It is an 18-plex in a town 15K people with a very high rent to owner occupied ratio (renter being on the high side).Property is on MLS listed at $749,000Deal Summary:18 units x $500 per unit = 9,000 gross monthly/108,000 yearlyVacancy factor I am using is = 5%Total Operating Income = 8,550 GM/ 102,600 yearlyTotal Operating Expenses = 4,412 monthly/52,950 yearlyAs a percentage of Income 51%NOI = 4,137 monthly / 49,650 yearlyIn my analysis to calculate what I should be paying I am taking the NOI / my expected CAP RATE, which in this case would be 49,650/.10 = $496,500In this back of the envelop math I view my max offer price (on the assumption that I have good data on both the rents and expenses side) as $496,500 to achieve a 10% CapRate.I would really appreciate feedback as to if I am on the right track or I have totally missed something here.ThanksRob
Bryan H.
Process, procedures and forms
12 July 2016 | 15 replies
I only plan to rent the lots, which I would assume is similar to SFHs, which I am used to.