
10 October 2020 | 15 replies
You need to look through the Wind Shield in order to anticipate if the road ahead is clear or if there are obstacles that you need to avoid.Once you understand how to Drive your Business (or Investment), you start to do calculations based on the future, such as 10 year projections with Annualized Rental Increases, Expenses Increases, Rates of Return, Discounted Cash Flows, Internal Rates of Returns, etc.The people who think you can't calculate the future somehow missed the education which clearly has financial formulas that are designed for that.I am hoping the readers of this post really try to think about why there are formulas like FUTURE VALUE (FV)....... is that just something in someone's imagination?!
21 November 2017 | 2 replies
Is anyone aware of any part-time opportunities where I could learn from an experienced investor and offer digital marketing expertise or other skills in return (social media, website design, ads, etc.)?

15 November 2017 | 1 reply
To summarize, there are several factors that have me (as a first time buyer looking at Multifamily FHA for house-hacking) to wonder how far off I am from purchase and starting this journey.

15 November 2017 | 3 replies
The unit I am living in is a 1 BR/1 BA on the second floor of the building...the door to the attic is right outside my entrance and goes up to a big open area that USED to be 2 additional bedrooms, however, it has been vacant for years as there was a fire in the 80's.My handyman took a look and agreed that he could definitely add the 2 bedrooms, no problems...I know egress windows will be a major factor and I am also looking into the heating and electric to make sure it is linked to my unit's heater/panel.What else should I be looking/planning for?
15 November 2017 | 2 replies
He was very knowledgeable, has been in the industry since the 70s, and also has contacts who can help with design plans which you'll likely need for the rehab.

16 November 2017 | 7 replies
Are there any other factors that you might consider outside of the usual items in a rental property deal analysis?

18 November 2017 | 5 replies
Now , you will have to add value for the homes , so this will depend on age/condition etc but lets say 20k per home so 200k on top of the park value will make the "package" be 2,067,764.In this example rule of thumb, looks like actual expenses are close to rule of thumb ( now you are going to want to make sure that you have all expense factored in such as mgmt fee 5% , plowing etc).

16 November 2017 | 2 replies
If comps call for laminate, you don't factor in granite.

15 November 2017 | 2 replies
Factoring in FICO, history, ect.

25 November 2017 | 5 replies
So we started slashing some small expense lines and saved 10% more of our take home pay into designated investing reserves.