5 April 2020 | 1 reply
Hi All,I am pretty new in the real estate industry and I have recently closed my first deal.I have noticed that I spent a lot of time during the deal evaluations between: - calculating the estimated rents- checking property taxes- neighborhood: vacancy rate, crime, eviction rate, etc- average property management fees- average repair costs- mortgage rates- condition of the property/repairs needed for rent readiness- etcI have a spreadsheet where I capture all the above in order to calculate the potential ROI (leveraged and not) but doing this for a lot of properties is pretty time consuming.Most of the information above can also be easily found online by various means and this information could potentially be ingested by online services.Does anyone know an online tool that would calculate estimated property ROIs with up to date/real information and potentially offer a property search based on ROI?

6 April 2020 | 2 replies
Seller has a 1/4 acre lot with garages and office and open area for his construction equipment. As the site generates no income and has no rent roll. How does one estimate it's worth?

13 April 2020 | 7 replies
Legally the probate/heirs process may prevent that depending on the structure of the contract depending on the way the purchase process was progressing.

5 April 2020 | 8 replies
Alright ladies and gents, I'm looking for some help! Total newbie alert!
I can't seem to make any house hack make sense!
Example 1:Triplex (3 bedroom unit, 2 bedroom unit, and a 1 bedroom unit)Purchase price = $24...
5 April 2020 | 9 replies
Save up and re evaluate when the time gets closer sounds like your best option

14 February 2020 | 5 replies
The owner may be required to provide a structural engineers evaluation prior to warranty work.10.

4 March 2020 | 126 replies
Some people forgoe the LLC in an attempt to get a cheaper rate, but if you are holding the property for investment purposes and you do not live there, that is opening yourself up to huge liability (and if you do live there, it's still a liability, but at that point you cover yourself with insurance.)Also remember that when you are evaluating an investment property, the interest rate is only one factor to evaluate.

12 February 2020 | 3 replies
But to be honest with you, If you do not learn some construction skills, your progress will be a lot slower as contractors will be raking in the majority of your profits.Get a pro account on this site so you can access the PRO only blogs and avoid all the goofy stuff that can confuse you sometimes.Take NO advice from salesmen such as realtors/brokers.

13 February 2020 | 6 replies
I make progress then realize something and change the whole things and again and again.

13 February 2020 | 4 replies
I try to evaluate all properties at 8% vacancy (1 month vacant).