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25 January 2016 | 7 replies
Just wondering when is a good time to start engaging the services of an accountant, lawyer, broker etc?
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27 January 2016 | 16 replies
LA is actually decent for that because of the generally low cap rates, as small increases in rent have an exponential effect on value.
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10 February 2016 | 15 replies
You can read about it here.https://www.biggerpockets.com/renewsblog/2014/04/0...It sounds like a transition to civilian life may be on the horizon for you and, if that's the case, as a veteran, I encourage you to engage the counselors at the transition office and take advantage of all the resources they have available to assist you.
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30 January 2016 | 10 replies
You could effectively get it done with no liquidity by posting collateral or doing a HELOC on one of your other properties, but then once again is the pitfall of over-leveraging.
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2 February 2016 | 8 replies
So any unexpected occurrence starts a domino effect with other expenses.
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1 November 2018 | 18 replies
Check the laws in your state.Unless it's already disallowed by law in your state, as a wholesaler, you gain equitable interest by having an effective (signed by both buyer and seller) sales contract with EMD attached.
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29 January 2016 | 0 replies
have seen homes on similar size lots go for around 150k. the land is just sitting there for several years going on decades. the shrubs seem to be well on their way into growing into trees; is there like a service that clears lots for a fee, or maybe it would be more cost effective to put a (manufactured?)
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26 February 2017 | 8 replies
We typically use the following allowances:Revenue: Vacancy 8 - 10% (even though the vacancy in our areas is running from 4 - 6%).Operating Expenses:Maintenance and repar: 10% (of effective gross revenue)Property Management: 7 - 10% (of effective gross revenue)Reserves:CAPEx reserve: 8 - 10% depending on the age and condition of the property and its major systems.
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29 January 2016 | 3 replies
My name is Hector Marin and is my first experience in this web site, I'm looking to connect with awesome people who want to create win-win opportunities for business, and also with those who believe that a great way to success in business is by connecting and building effective teams.
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30 January 2016 | 4 replies
Thank you for your engagement, Manolo!