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12 May 2024 | 20 replies
This is more for future financial planning, but it will incorporate REI for the meantime.
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13 May 2024 | 8 replies
Re: PriceLabs, have you tried messing with the Demand Factor setting in the Advanced Customizations section?
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12 May 2024 | 2 replies
These are a good start since they had their layers write them and its free.
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12 May 2024 | 31 replies
Most of the investors I deal with typically expect 22-30% return like @Greg Kasmer said as well depending on the area, using this formula (purchase+rehab)/ARV as a very basic formula to calculate returns.Again 10% return is not the best so look for more profit in the future.
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10 May 2024 | 15 replies
I have a CPA that I've used for years but when I brought up the investment to him he said my wife and I combined make too much money so there will be no tax benefits i.e. write offs, depreciation.
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12 May 2024 | 9 replies
But we basically followed David Greene's advice for finding a realtor in Long-Distance Real Estate Investing.Here's a summary of what we were looking for:* An agent who has experience being a landlord/investor and so already shares our perspective (looks for opportunity rather than curb appeal)* An agent who knows the Alexandria area well* An agent who doesn't mind showing us many houses and writing a bunch of lower offers* An agent who doesn't mind sharing their opinion about a property being wrong for us so we can move on to the next oneThere are many great meetups here.
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13 May 2024 | 8 replies
@Chetan Parakh keep in mind that a double close allows you to buy and sell without the RE license.
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14 May 2024 | 21 replies
Right, I'm trying to not refi since I'm knocking down principal 50-60k a year but I may need to increase cash flow in the near future.
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10 May 2024 | 7 replies
. - both husband and her have w2s, she would quit her job to focus on RE full time. - they have 3 local and 3 out of state long term rentals.- the 3 local need a lot of work, she has been cutting rent due to not having updated flooring, appliances, etc.
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12 May 2024 | 3 replies
Understand different options we have in RE market 2.