Rigoberto Medina
Perhaps a silly question but Newbie needs advice
9 June 2024 | 2 replies
While you might save some money doing it DIY, you will pay for it by the amount of time it might take you and possible missed steps.
Albert Lubin
Need help Analyzing a commercial property
9 June 2024 | 6 replies
Below are the key data points:- Gross Rental Income: $118K (I received the rent roll list from agent)- Effective Gross Income: $112K (I'm assuming a 5% vacancy factor)- NOI: $56K (I'm assuming 50% Operating Expenses - inclusive of 10% property mgmt costs, repairs & maintenance and CapEx reserves)- Recommended PP: $623K (Market CAP rate is at ~8%; I used 9% because I want the Cash on Cash return to be 10%+ with a 30% DP at 7.2% interest rate and 30 yrs term)- The asking price is $1.25M.
Jeff G.
Tenant Assistance Programs Keep Dropping The Ball, How Do I Fix This?
7 June 2024 | 2 replies
Sometimes I wonder if the assistance program thinks I won't notice and is trying to get away with paying less to "save the program money."
Marquez Davis
21-year-old 1st Development
10 June 2024 | 3 replies
ARV is around $250,000 on the very low end. careful with land in Florida that's all I can say. how much cash do you have get ready to fund a lot of engineering if it's not been built on before
Rachael Becknell
Inherited Hoarder House
7 June 2024 | 17 replies
Alternatively, set aside one or two boxes of things that family might want that you can offer for anyone to go through....believe me, it will save you some grief in the long term with your family.
Danielle Levins
How To Calculate a Wholesale Offer
10 June 2024 | 8 replies
Ok,say I have a cash deal as a real estate wholesaler.
Sharon Freedman
Seeking advice on structuring partnership for fix and flips
9 June 2024 | 1 reply
My potential partner and I have agreed to split everything 50/50 and I was thinking of holding all holding/cash to close funds in escrow and run it through my LLC, but would be interested to hear how any of you structured it in a way that protected yourself in the event that one partner turns out to be problematic.
Matthew Ray
Financing My First Investment Property
9 June 2024 | 8 replies
Heloc is the best option because even doin a cash out refi your also limited to 70 -80%.
Barb F.
Primary —> rental: overwhelmed in Virginia
7 June 2024 | 4 replies
Cash-out refinanced in November 2021 at 3.75%.
Nathan Cox
Unique BRRR Situation
6 June 2024 | 3 replies
I have a question about a negative cash flow BRRR, a year into the deal.