Haylie Saler
Help with the rental calculator
14 June 2022 | 3 replies
Hi @Haylie Saler, I am not sure which exact calculator you are referring to but it is likely based on the pro-forma NOI and cap rate.Hope this helps!
Peter Banyan
New Member, Norwood, NJ
22 October 2013 | 8 replies
NJ & NY. here to learn more about rehabs and doing it the right way. my experience, built a townhouse duplex as general contractor to all trades thru c.o. and sales of both units in Hackensack, NJ. any members in my area to form a group, let's do it.
Anna Sam
What is a good rule to decide if I should form a new entity for a new property purchase?
10 March 2014 | 7 replies
I have a few properties in one LLC and am in the process of purchasing an 8 unit also in it. Looking for other properties as well.
Just wondering what would be a good way to figure out if a new property needs a new e...
Alex Silang
Worried about investing in a bad area (buy and hold)
8 March 2014 | 18 replies
Do a search for MA or Massachusetts in the forums and you'll find a bunch.
Kel S
Closed today - Pics of our latest SFH
12 February 2011 | 21 replies
It was tempting to keep it but we decided to flip it and make $50,000 (you can see our pro-forma or property financials on the property website) and use that capital to buy more properties.I do plan on buying and holding some more deals this coming year as the market stabilized and now that the non-owner occupied loans with good terms are starting to come back and I was fortunate enough to keep great credit throughout this mess.So in summary - IF the money out of pocket to buy & fix will not affect your ability to buy more properties I would buy, fix, rent for about a year or so and sell and exchange into a 4 unit do the same and keep growing the portfolio while deferring the taxes.If on the other hand you do not have the resources to buy more properties because of this purchase and you have the ability to find more deals like this then sale and buy another deal and keep doing it.Either way it looks like you are in a great position.
Kelly Melrose
Does what state you form a LLC matter?
3 June 2013 | 6 replies
Hi all,I'm just starting out and am about to form a LLC.
Ray Hurteau
Help needed with COMPLEX deal involving 3+ parties (lease option & private money)
12 June 2013 | 39 replies
A quick search found one attorney in MA who specializes in foreclosures and short sales and he says the same thing is true for MA.
Ian Clayton
Making Cash offers and rehabbing with money partner
2 February 2013 | 22 replies
I'll be making a lot of offers.I don't think that we want to form a new joint entity yet.
Andrew Broadbent
Infinite cash on cash, but 3% cap rate
17 February 2013 | 6 replies
Build a pro forma of potential cash flows and resale going out a couple of years, again plugging in the market rent for your apartment.