Cedric Jiles
Possible wholesale deal
25 April 2019 | 2 replies
There are ALWAYS better deals (without foundation issues).See the thing is I think (but double check this) that a seller is obligated to disclose when selling that there were foundation issues (is this correct?).
Mike Young
How to finance out of state investments under an LLC?
25 April 2019 | 6 replies
Personally, I have good credit, but if the LLC is new, the bank don't look at your credit (pls correct me if I am wrong); and therefore will not lend me money.Is buying under your personal name and quitclaiming to the LLC the only way?
Redha Laafia
Contractor Rehab Estimate Help!
28 April 2019 | 11 replies
Please correct me if I’m wrong, so the idea is to gain experience and knowledge from this paid walk with GC so we get the ballpark numbers and make offers in future without having to involve a GC anymore in the analysis.At what point in the process do you officially have your GC involved?
Josh Klauber
Fortunate to be starting out with $, seeking advice
28 April 2019 | 10 replies
And that's a dangerous recipe.Am I correct that your company and building will be sold to the same purchaser?
Joel Arndt
Brandon and David were COMPLETELY WRONG in podcast #327
2 May 2019 | 27 replies
man, these clickbait titles, tho... that blanket statement doesn't work every time, you are correct. i ran some numbers on a home with a purchase price of $145k (mls, so the price is obv high(er)) that needed about $35k in repairs to make it nice for an arv of $225k (conservative). profit came out to be about $15k (after closing, carrying, etc.). roughly 20% return on cash outlays (dp, cc, repairs). rent would've been about $1700/mo on this one. refing it @75% would leave me 20k in the deal with about $200/mo CF.
Joanne Hanson
What key things do first time landlords need to know
27 April 2019 | 80 replies
When you get back 9 time in 10 the response is no.Inspect your properties regularly (quarterly) and immediately issue letters to correct problems or hire a contractor to repair tenant caused damage.
Sunny Kapila
What should be the right offer for this property
28 April 2019 | 6 replies
Hi @Sunny KapilaValue = NOI/Cap Rate, so in this example (assuming the NOI and cap rate are correct) would be ~$20,689,655.
Rickard Risberg
Question on BRRR investing
27 April 2019 | 7 replies
If I'm understanding this method correctly you basically have to keep investing otherwise you're going to be stuck with a loan at 75% of the house for 30 years?