Eric Petaja
Philippines investing Tax & Legal Help
15 May 2018 | 2 replies
If I am a U.S. citizen living in the the U.S. and wanted to invest in the Philippines, what should I be aware of, as far as, taxes and legal documents?
Patrick Philip
Help me find my first "cash out refinance" commercial property?
11 May 2018 | 16 replies
If it is legal, marijuana production is a perfect use case.
Kenneth Croisetiere
Help Needed: creative financing to buy SFR w/ equity in VA
3 May 2018 | 2 replies
I have used hard money in the past to fund my flips and I’m trying to avoid that if possible due to the initial cost of the loan (my hard money lender charges $1500 in fees at closing ($500 for appraisal + $1000 in “legal fees”, I’ve never gotten clarification on exactly what that is) Plus 2 points at closing.
Jake Graham
Should I analyze deal as 100% occupied?
4 May 2018 | 6 replies
The formula(s) would look like:Potential Gross Income (PGI) = full rents + any other income at 100% occupancyminus Vacancy & Collection Losses (8-10%) is typically usedequals your Effective Gross Income (EGI)Then you subtract your operating expenses (taxes, insurance, management & legal fees, repairs, utilities, lawn service, pest control, etc., and a reserve for capex) to get your Net Operating Income (NOI)From your calculated NOI, you can really start digging deep:Subtract your debt service from your NOI to get your cash flowDivide your NOI by the acquisition cost to get your cap rateTake your NOI, add the reserve for capex back in, then subtract your mortgage interest, to get your taxable incomeDivide your NOI by your debt service to get your debt coverage ratio (tells you how many times will your NOI will cover your debt/mortgage payment).
Marion Lee
Tenant with service dogs
30 May 2018 | 11 replies
I know people that have legal service dogs just so they can bring the dog places and not be questioned ie the mall.
Amanda Coleman
Air B&B in Portland Oregon- Permits, Taxes & Regulations
4 May 2018 | 2 replies
What is the permit process like?
Brady Hurs
Please recommend a reliable real estate attorney in Indiana
7 May 2018 | 2 replies
We're not in Indiana but have purchased real estate there and need a reliable Indiana attorney to give legal advice.
Kevin Mejia
Property Taxes after 203K
3 May 2018 | 2 replies
If you're doing 203k, then everything is being done the "official" way with gov't permits and all that.
Marie Withelidua
I own a home in a declining area...
9 May 2018 | 31 replies
And you cannot legally screen the way it sounds like you might want to.Not many buyers study the neighborhood believe it or not.
Jason Howell
ARV slows down deal analysis... right?
11 May 2018 | 20 replies
Search through the Sedgwick county website and you’ll be able to find both recently sold and the current appraised value the county does taxes on as well as work done where permits were pulled.