Idris Haroon
How many rentals can an investor own?
31 May 2021 | 12 replies
I worked hard to increase my earnings.
Caleb Lea
Best part time entry level job for RE
21 June 2021 | 6 replies
If you have no desire to sling a roller or a hammer, get a job as an Admin in an PM company.
Amit Dhawan
Commercial development - get this done before signing contract
30 June 2022 | 18 replies
All that makes the property less desirable for a buyer buying your property when you eventually sell off.Developers typically have maybe a 9 cap or so in it and sell for a 6 cap and lose maybe 100 basis points to real estate commissions, short term capital gains, etc. so might profit 200 basis points.
Salvador Ramon
What I should offer on a rental property
24 May 2021 | 2 replies
Highly desired school district, class B+ neighborhood.
Alan Walker
Realtor asking for $4000 fee
25 May 2021 | 6 replies
Low range homes often take more work because they tend to be in worse condition and require more inspection visits and tougher negotiations.The difference is she'll earn $1,350 vs $15,000.
Jamin Olds
Evaluating Off-market park
25 May 2021 | 3 replies
A general valuation formula many in the industry use is: # of economically occupied lots * monthly lot rent * 70% (assuming 30% of income goes to expenses, common for parks on city utilities) * 12 (months in a year) / desired cap rateFor this park at a 10 CAP (many parts go for lower cap rates now, but small parks might still go for a 10 CAP), that makes: 21*298*.7*12/.10 = $526K .
David Menapace
Creating a LLC for each property?
26 May 2021 | 18 replies
Class B Single Family Home would be a home in a desirable neighborhood with nice finishes, but not a new construction top of the line home.
Joseph Schommer
How will global population decline affect real estate?
25 May 2021 | 6 replies
If the US makes it harder for people to immigrate and/or less desirable, it's plausible that immigration will no longer be able to offset our smaller family formations (along with potential labor shortage on certain jobs/trades), and we will become much more dependent on older age citizens, similar to what's happening in Japan.
Carl Flint
How Do I Avoid This Wholesale Paradox?
26 May 2021 | 34 replies
And in reality, a Realtor can’t sell a $30,000 house, earn half of an $1800 commission, and stay in the business.
Michael Valenzuela
Should we stretch Financially?
25 May 2021 | 5 replies
In my neck of the woods, the older suburbs are much more desirable to tenants and owners, so are appreciating faster than the suburbs that were built in the late 90s through early 2010s, but this was holding true even pre-pandemic in my area.