Jonathan Palumbo
Getting into Real Estate Development
6 August 2024 | 0 replies
Property 1:Purchase price - $73,000Mortgage - NONE (Paid Cash)Monthly Rent - $875Monthly Profit - $580Property 2:Purchase price - $65,000Mortgage - NONE (Paid Cash)Monthly Rent - $950Monthly Profit - $750Property 3:Purchase Price - $107,500Mortgage - $80,625 Monthly Rent - $1300Monthly Profit - $435Current Cash Available - $110,000Current Available Equity - $96,500 Cumulative Total - $206,500The available equity was a HELOC loan that was given at 70% LTV so those are real numbers, they would be from property 1 and property 2.The reason im typing this is because I would like to know if there were any builders that could give a rough estimate of building cost per square foot in Kansas City area or suburbs.
Collin Hays
Home prices are stable to climbing in the Smokies!??
11 August 2024 | 16 replies
While I am surprised at that, I also think it is the proper way to view real estate.I always go back to my first vacation rental purchase as an example: In 2005, I bought a beautiful, 2-acre creek-side cabin in Cosby (near Gatlinburg) for $240,000.
Jeff Kelley
Welcome to the Buffalo NY Location on Forums!
11 August 2024 | 5 replies
You can upload a photo of yourself to say hello, you can write a quick intro, and then you can see boxes when you scroll down on the left that when you click will allow you to add your company information, and it's always nice if you've invested in real estate in the past to put information about the deals you've done so people know what experience you have!
Chris Marette
Flipping in Mexico City?
11 August 2024 | 1 reply
My wife being Mexican may facilitate the process of acquiring properties however we are not familiar with much of the real estate process in Mexico.
O Samuel Adekolujo
[Calc Review] Help me analyze this deal
9 August 2024 | 4 replies
I am offering $260k.
Michael Holzman
New Investors in NH
11 August 2024 | 3 replies
We are a couple in Southern NH getting started in our real estate investing journey.
Akmal Normuratov
Hard money, Lender for first time
9 August 2024 | 12 replies
The lender offering 90% of purchase 100% rehab cost. 12% rate and origination 2 point and 2000$ process fee. which last two things which 2 point and 2k fee I don’t like it.
Alex Sarnoff
When should I get pre-approved for an upleg during a 1031 exchange
12 August 2024 | 4 replies
We are looking for a loan broker as opposed to a real estate broker.
Edward Moore
Vacation Rentals Golf Cart Use..
10 August 2024 | 18 replies
We’re in PCB and have considered offering one but I think your specific location should be considered.
Ted Davis
Rent collection software
10 August 2024 | 12 replies
Every system you try will have flaws, or you may salivate over a feature that appears in other software.Some familiar names are mentioned frequently: Stessa, Apartments.com, RentRedi, TenantCloud, Innago, RentManager, Avail, Rentec Direct, Doorloop, etc.I recommend conducting thorough research on each app online to understand their offerings, pricing, etc.