19 November 2024 | 15 replies
This isn't inclusive but should give you a good start.

30 November 2024 | 0 replies
On Page 134, he lists the following when analyzing a deal:Sales Price: $132,490.00Sales Expenses: $17,000.00Loan Balance: $55,004.72Total Invested Capital: $35,950.00Profit: $24,535.28I agree with his thought process here when he calculates net profit, but I'm trying to verify the net profit by adding up all the sources of income over the past five years in his example by doing the following:Appreciation over five years=$12,490 (see chart on Page 133).Cash flow ($297.73x12x5)=$17,863.80 over five years.Loan paydown: ($60,000-55,004.72)=$4,995.28 over five years.Sales Expenses are still $17,000.Doing the math, profit= $12,490+$17,863.80+$4,995.28-$17,000=$18,349.08There is a $6,186.20 difference from the net profit he calculates.My question is: Is this $6,186.20 difference due to the forced appreciation gained in the property from the rehab he does in this example?

2 December 2024 | 2 replies
It sounds like this may be a loss but I am sure you have learnt from it.

30 November 2024 | 2 replies
Is this a good time to sell?

19 November 2024 | 1 reply
I just bought a Lake House in Maine this past summer.
15 November 2024 | 4 replies
This is a hustle – but if you stick with it, the deals WILL come.

30 November 2024 | 4 replies
In this case the current financials on the property aren't great(rents well below market value and the owners family living in several of the suites) so the lenders will likely not provide the funding based on poor NOI.

20 November 2024 | 9 replies
There is almost zero chance that you bring this issue to a head and they sign a lease with a good future prospect for the tenancy.
14 November 2024 | 20 replies
If a company is unwilling to provide this information it would immediately throw a flag for me and create distrust.

20 November 2024 | 9 replies
Are there specific factors or trends you would suggest evaluating to make a more informed decision?