
24 November 2024 | 7 replies
If your payment is $2,400/month on a $1.43m value, you should not sell it right now to then buy into a much higher rate.

25 November 2024 | 5 replies
Once I have a strong system set up, I don't want to dedicate too much time to real estate, though.It's also important to note that I'm a US citizen who wants to invest in US real estate, but I live abroad.

22 November 2024 | 92 replies
Funny that some people do deals for much less.. for what they can get with a hysa.

21 November 2024 | 9 replies
Code Enforcement came by and could see the place was freshly rehabbed, so there wasn't much to cite.

25 November 2024 | 1 reply
So now i need to file a dispossessory action to evict them under unlawful Detainer.

26 November 2024 | 5 replies
Deduct NEW property taxes after you buyDeduct home insurance costsDeduct maintenance percentage, typically 10%Deduct vacancy+tenant nonperformance percentage(we recommend 5% for Class A, 10% Class B, 20% Class C, good luck with Class D)Deduct whatever dollar/percentage of cashflow you wantNow, what you have left over is the amount for debt service.Enter it into a mortgage calculator, with current interest rate for an investment property, to determine your maximum mortgage amount.Divide the mortgage amount by either 75% or 80%, depending on the required down payment percentage - this is your tentative price to offer.If the property needs repairs, you'll want to deduct 110%-120% of the estimated repairs from this amount.Be sure to also research the ARV and make sure it's 10-20% higher than your tentative purchase price.As long as the ARV checks out, this is the purchase price to offer.It is probably significantly below the asking price.

20 November 2024 | 5 replies
My wife and I can cover $75,000 or so, but we would need a loan for the rest until we can get a SBA 7a after closing.

21 November 2024 | 4 replies
I wouldn't say you're going to learn as much going through an online course as you would an in-person one, but it is a lot more convenient.

21 November 2024 | 14 replies
ZONING- can you get what you need, density??