Will W.
Just starting out in the real estate investment game
17 September 2018 | 2 replies
The ABCs of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss7.
Mindy Jensen
Opportunity Zones - Is There a Window for Reinvesting?
1 November 2018 | 40 replies
From what I can tell, there are some big groups raising large funds, and the play for most of us will be to put together a good project and pitch it to these funds for investment, hopefully earning development fees or carried interest along the way.We're almost halfway through the two-year window of this thing, and guidelines still haven't been released, so start getting your deals ready now.
Allen Lopez
Listed with an agent but I found the client. Help?
23 September 2018 | 7 replies
If I find a buyer on my own can the commission fee be reduced to X%?"
Robert Campbell
How do property taxes work in a small quick wholesale deal
23 September 2018 | 3 replies
. - I decided I didn't want to mess with it because Im starting another project with higher potential return.Now, as an example, I look at this one:https://www.zillow.com/homes/63-GRANVUE-DRIVE-BELL...Its on the Auction block, if I picked it up for 2 or 3k, and sold it for 10k to someone else who wants to work with it, essentially a wholesale deal, and didn't spend any money fixing it up, and agreed to max 1k realtor fees if any, I might make some money on it.If you go to our county tax assessor site, and search '63 Granvue', youll see that 1) the total taxes for 2018 are $2981.38, and 2) they are paid by the bank already for 2018 http://www.co.st-clair.il.us/Pages/parcel.aspxWhat I am asking is - if I bought this at auction, and sold it within a couple of months as a property someone else can rehab, how would the property taxes work / what would I end up paying?
Aleksandr Pisarevich
Looking for a property management company recommendation
25 September 2018 | 4 replies
Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.
Jonathan Perez
Water under laminate floors!!!
26 September 2018 | 8 replies
We used glue down vinyl plank flooring and the cost for the materials and installation in Florida was $3,000, which was a great deal when comparing to other companies fees.
Taylor Larkin
GA Tenant telling me they are breaking the lease - what do I do?
26 September 2018 | 5 replies
The lease requires a 45 day notice, rent paid during the notice plus an additional month and a $100 admin fee.
Peter Bui
Practicing on 8 unit apartment complex in Hunington Beach!
6 September 2018 | 2 replies
Address: 8177 Garfield Ave Hunington Beach, CA 92646IF i were to buy this for 2,300,000Cap rate: 4.56Bed/ Bath: 1/1 x 8 UnitsRent: 2000 x 8 Expenses: Property Management Fees - 1000Repairs/ Maintenance - 319.14Real Estate Taxes - 2875Rental Property Insurance - 766.67Vacancy Costs - 1333.33Capital Expenditures - 960 Total monthly expenses: 7254.44Financing: Down Payment: 20% - 460000Loan Amount: 1,840000 @ 5% interest rateClosing costs: 69,000PI/Mortgage: 9877.52Cash invested: 529000Total Monthly Cashflow: -1311 = 16,000-7254-9877.52ROI: -2.57%The point of this excersise is for me to recognize bad deals.
Anthony Testino
Flipping with Bitcoin
7 March 2022 | 14 replies
@Anthony Testino Perhaps there is opportunity to use crypto assets as collateral / getting crypto backed loans - however, fees high and the usual caveats about crypto etc etc but you usually do not have to sell your crypto to borrowCompanies already doing this/or serving as lending platforms : SALT, Unchained Capital ,BlockFi
Jeremy Porto
asset mgmt fee and preferred returns
24 July 2018 | 8 replies
I've seen that the asset management fee is typically 1-3%....of what?