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4 March 2018 | 6 replies
@Tyler Biekert a mentor is a good does but make sure you do a lot of self educating first so you understand the basics.
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30 April 2022 | 30 replies
The process is basically the same with the little guys too like tripadvisor booking.com etcI did all of that off the top of my head could be a bit off but I think I got it right.
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9 March 2018 | 15 replies
The types of loan you need, the way to assess the value of a residential is different than a 4+ units multi family. ...
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28 February 2018 | 6 replies
Some cpa firms also do entity formation and could probably help with basic forms.
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2 March 2018 | 10 replies
I learned many things about real estate that I didn't know about, even simple things such as pulling public records of homes and seeing how much a person paid for a property as well as seeing the current year's value assessment of a home.
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1 March 2018 | 28 replies
The assessed value of 2900-R Cranberry Highway is $1,800,000 so Zillow, most likely, is simply adding random numbers to the assessed value.
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2 March 2018 | 4 replies
You should get a deed at that time in your name.I dont know how it is in NY, but in Texas if you dont probate a will within 4 years it basically will become null and void.
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9 March 2018 | 8 replies
This number isnt taking rent increases into account.Looks pretty ok on paper (unless I'm missing something and it doesn't)The breakdown for your first example would have the sponsor (who I'm assuming is me in this scenario) receiving:Acquisition fee: $1,750Asset MGMT Fee: $672 80/20 split when sold in 10 years: around 25KAnd since this is a smaller deal a more basic approach of 70/30: 4895/2098 or 8% back to investor annuallyDoes this seem to check out?
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1 March 2018 | 4 replies
I have the basics on what to do, when it comes to wholesaling but I would love it if I could contact other investors and pick your brains!
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4 March 2018 | 5 replies
I would strongly suggest... before doing ANYTHING else... to try to get the owner to allow you you walk through the property and make a more accurate assessment of the condition of the property.