15 May 2020 | 2 replies
I'm curious to know if this is an accurate statement and if there are ways to narrow that down even more.
16 May 2020 | 7 replies
Certainly not long enough to accurately predict or analyze market moves (in my opinion)Entry level homes are usually a pretty safe segment of the market because even if the ones able to buy them changes, it's still a sought after commodity.
24 June 2020 | 10 replies
Important thing is for you to understand when you see this and stick to your numbers, don't reach.Also, I know you're just practicing with underwriting so you're grabbing the first thing off loopnet to crunch some numbers but when you start filtering down to your target market, you're going to want to know how the taxes will work and what the mill rate will be so you can calculate accurate tax figures.You'll likely also need 10% of loan amount in liquid funds post closing so factor that into how much money you need to bring to the table, in addition to the down payment.If you plan on syndicating, definitely need to practice calculating IRR and CoC based off different splits and prefs/no prefs.
19 May 2020 | 3 replies
It takes me a while to analyze a deal and even then, I am not 100% confident that my numbers are right each time.I'm trying to make my numbers as accurate as possible.Where do you all search for estimating the costs of the following:+water and sewer+garbage+gas and electricI have been listening to many podcasts and webinars and I know the answer could be as easy as googling it, but I would like to know what other, experienced investors do to estimate these costs when analyzing a deal.
19 May 2020 | 5 replies
It takes me a while to analyze a deal and even then, I am not 100% confident that my numbers are right each time.I'm trying to make my numbers as accurate as possible.Where do you all search for estimating the costs of the following:+water and sewer+garbage+gas and electricI have been listening to many podcasts and webinars and I know the answer could be as easy as googling it, but I would like to know what other, experienced investors do to estimate these costs when analyzing a deal.
24 May 2020 | 24 replies
- You can look on Zillow to get a rough idea, but given Zillow is not always accurate, at some point, I strongly recommend you work with a real estate broker who is an expert in that market.
12 June 2020 | 8 replies
The seller pays for agent’s commission is not entirely accurate.
18 May 2020 | 1 reply
Am I accurate on my understandings?
24 June 2020 | 1 reply
If you are turning your primary residence into a rental, then bankers are going to want that to be represented accurately on your Personal Financial Statement.
19 May 2020 | 4 replies
The "self-directed" aspect kicks in each year, since you must accurately value your investment annually and report the value to your IRA custodian.How They May Be Used to Buy Real Estate The first step is setting up a Self-Directed IRA.