Albert Okagbue
Keeping Up With The Joneses
1 February 2017 | 25 replies
With all that being said, it is human nature to look over at the next persons food and wonder :)
Ken T.
First real estate deal as a lender
10 February 2017 | 37 replies
A loss would set your plans back or take you out of the game.Business situations plod along pretty tame...until questions about money surface...at which point it gets serious and comes down to being within the scope of the laws (i's dotted and t's crossed).
Zach Davis
New Portland Ordinance!
21 February 2017 | 4 replies
Here are the reasons.One, the additional income will negatively affect the low income tenant who lives on welfares including food stamp, earn income credit and obama care etc.
Nathan Smith
Best Crowdfunding Platforms
7 July 2018 | 28 replies
Judging by how often I see ads from crowdfunding sites, they're pouring a lot into customer acquisition, and eventually we'll see a wave of consolidation once folks start burning through their funding (that is not unlike what's already happened or is happening in areas like food delivery and home services).
Tom R.
Private Investor Wants 50% for 0% work Advice
13 February 2017 | 91 replies
When the house sells, they split the profits or losses (50/50).
Barry Allen
Ways a high schooler can make money
3 March 2017 | 16 replies
To work full time somewhere, I would go into retail but you need to be 16 so fast food it is!
Sam T.
Cash Flow VS. Appreciation
10 February 2017 | 3 replies
You can get appreciation in a-b areas, but it's harder to get the rent rolls to cover your expenses.Rent rolls are higher in c-d areas due to the higher risk: turnover, vacancies, property loss, evictions.Rent rolls in a-b areas don't have a risk premium because you have less issues and more people would rather own than rend in those areas.
Arcinio Arauz
How to: develop 22 unit apartment buildings
21 February 2017 | 4 replies
Back of the envelope math:$800 rentLess 7% vacancy & collection loss~$744 net rentLess 40% expenses (pick appropriate %)Equals $446 net income per unit/mth or $5,356 annualIf land plus building plus interest and carry costs to get leased up total $1.5m, that's $68k/unit. $5,356 / $68k = 7.9% yield on costsIf cap rates on similar product in the area are equal to your yield then you didn't create any value for the effort and risk it took to develop from ground up.
Jose Corbera
Why are mortgages so expensive?
10 May 2017 | 41 replies
No reason not to invest in RE, just food for thought to put a different spin on.
Patrick Connell
Off-setting CRE loss with own business
11 February 2017 | 0 replies
Wanted to get some opinions on this....
I'm looking at a CRE deal in the Downtown area of my town; great foot traffic, historic, etc.
It's currently set-up as multiple office spaces for rent and not positively cash ...