16 March 2018 | 6 replies
We work with a realtor on all our flips and by just using the online free websites, our numbers are always in the ballpark of what our realtor is saying the ARV of the property is.
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16 March 2018 | 2 replies
We will be making an effort to develop our website more so that applicants can see what we're looking for and help streamline the communications back and forth, but this is the first time that that need has become apparent.Thank you for your input and advice.
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19 March 2018 | 2 replies
THis will be a student RentalPurchase Price 113kRehab 15K5 Bedroom, including third story finished Attic (2800 Sq Ft)Rent $2,600 per semester $5,200 for year. $500 summer lease-this is around average rent for off campus house with Utilites includedExpensestaxs- $1,700insurance- $2050gas- $1,900Electric- $1,200Water/Sewer- $2,000Yearly maintance- $1,000total= $9,850NOI based on Semester Rents Without Summer leases and late fees $26,000($16,150)Purchasing Home with Primary Home Equity.
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28 March 2018 | 7 replies
@Michelle Ayala It sounds like around $7500 worth of repairs in what you listed, maybe more depending on quality of finishes.
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19 April 2018 | 3 replies
Do you think Protea will have more success in getting this across the finish line than Papa Doug Manchester's Broadway project?
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20 March 2018 | 12 replies
When you look up info on the Housing Authority Website, where it says "Fair Market Rent" Does NOT mean that's what Section 8 will pay.
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17 March 2018 | 4 replies
A quick search of the IRS website should help you identify which closing costs can be expensed, which must be amortized, and which are added to your cost basis and recovered through depreciation.
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16 March 2018 | 2 replies
you need to check with each state.. but generally anything that is commercial purpose no license needed except for about 12 states in the US were an NMLS registration and state licesne is required.off the top of my head states that require licenses areOR NV SD CA TN and I think Minnisota and there are a few more.. check your state.. usually you can just look on a big local HML website if you see NMLS registration and state license then your probably going to need one.However bottom line is to check with the state .. and or an attorney who specializes in this.
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21 March 2018 | 3 replies
There's a plethora of information on this website, as well as countless people I've personally met in my investing career that can truly take you to the next level, or to any level that you so seek.