Maria Keating
New in Washington
20 January 2016 | 13 replies
I'd appreciate any and all thoughts while I keep listening to the enormous number of extremely helpful podcasts
Damon Armstrong
Need Advise on multimillion deal
18 January 2016 | 3 replies
To be honest, I really don't think there is a quicker source than networking.
Debra Nolan
Getting Started in MHP - Seller Finance
11 October 2017 | 3 replies
I have been reading and learning as much as I can via books, forums, podcast, etc but I am stuck on the one thing that is stopping me from getting started - Financing I'll be honest - I don't have the downpayment, I only have a HELOC that I could use in the range of $200k - $250k.My goal is to generate income of 2-3k/mo.What advice would you give to start ?
Susan Grayson
Advice for WI newbie considering a new construction 2 or 4family
22 May 2018 | 4 replies
@Susan, congratulations on your new venture.You indicated that you are new at REI and never done a new construction from ground up... then here are my honest suggestions.
Mike Carstens
How do I enter the appreciation of value after a refi & cash out?
10 October 2017 | 11 replies
Purchase: $70,000 Improvement: $25,000 Total Spent: $95,000 Annual Rent Income ($1000x12) $12,000 Total Expenses (50% rule of thumb) -$6,000 Net Income: $6,000 Cap Rate: 6.32% New Appraisal Value: $145,000 Adjusted Cap Rate: 4.13% To be honest, the information is too little to give a full picture.Once you make the spreadsheet with all the information to produce a realistic cap rate and when you update it that will be your best snapshot of your overall Property's health.When it is time to sell- the lower the cap rate, the better.I hope this makes sense.
Jessica Chow
Real estate lawyer in state our out-of-state?
10 October 2017 | 3 replies
Extremely helpful.
Jonathan Newton
Want to provide feedback? I need some basic help
10 October 2017 | 7 replies
My plan is to cash flow rental properties with SFH’s.I am extremely open to feedback so please feel free to jump in.
Youdo Thirakul
200% - 500% ROI in what state?
10 October 2017 | 7 replies
@Youdo Thirakul I agree with Andrew Johnson it seems like they are trying to sell you something they are not getting an annual ROI of 200%+ with buy and hold and probably not with flipping either unless they have been extremely lucky (meaning they probably can't do it again).
Nathan Churchill
Sanity check on my first deal!
10 October 2017 | 10 replies
Honestly, I don't know if I'll refi.
Tom R.
long distance applicants
9 October 2017 | 4 replies
But a 600 credit score would not meet my credit criteria unless there were some extremely extenuating circumstances that can be verified.