Steven Baca
How do I turn $55k if $1M?
8 November 2022 | 42 replies
@Steven BacaBesides roulette and doing black black red black…As mentioned rule of 72 is divide 72 by your projected return and that’s approx how many years to 2x your money.
Zach Henderson
Strategy for selling townhouses? 18 units in Clemson, SC
28 December 2016 | 8 replies
A good commercial broker might even get buyers from their clients database w/o marketing to the public (avoid the tire kickers that will no doubt flood you otherwise)
Jeff Obrien
Financing for a 30 day wholesale deal
10 January 2017 | 5 replies
That bypasses the banks requirements and it never shows up in any public records.
Cory Jones
Purchase Offer without Agent
4 April 2019 | 18 replies
I wish we could have been of more use to that end, rather than just trying to toot our own horns for publicity's sake.
Joe Koppel
Anyone used US Real Estate Equity Builder in KC MO? Need advice.
15 May 2021 | 68 replies
To the community:This is not a witch hunt - I've just found too often that people are reluctant to say what's really on their minds in public, and so therefore I decided to say something.
DG H.
FHA won't fund without HVAC in property?
3 March 2017 | 2 replies
Sizing for rooms is square footage times 10 divided by input voltage. 10x10 room 100sqft x 10 = 1000 watts of heat neededEach foot of baseboard heat gives 250 watts. 4' x 250 watts = 1000 wattsI would buy Cadet Heaters or King.
Breyan Miller
New Investor/BP member looking for advice.
31 December 2020 | 9 replies
The rules don't take effect for 6 months, but the message is clear.Cities want their hotel tax revenue.Cities don't want those big bad real estate investors to make too much money.Cities don't want rental inventory disappearing from the market.Don't make a highly leveraged 25 year financial commitment on the assumption that current market conditions will remain the same.I stay away from things that the general public get into and it seems everyone wants to rent out an extra room or home.
Kate Andreeva
Math and Finance nerds need your help! CAP rate calc
10 March 2021 | 8 replies
Trying to calculate Cap rate for the primary residence I hold that I am trying to convert to a rental property.Here are the numbers:Original purchase price: $400KCurrent value: $600KCurrent loan amount: $300KPlanning to do a cash out refi to pull out $150K for a purchase of a new primary residence.The expected gross rent is $3.5K per month.Annual expected gross operating income: $40KAnnual expected cost (taxes, HOA, insurance, CapEx, maintenance, management): $20KNet Operating income: $20KTo calculate cap rate what do I divide $20K by?
Rajan Saini
Is zillow ideal for every situation?
18 April 2021 | 5 replies
Sold data is incomplete, pending is barely there, and most photos are removed after sale, so current listing data is all that's there so I don't know why it would be worth anything when it's public to everyone.
John T.
Letter: No, I can’t rent to you for less than my mortgage
11 May 2022 | 13 replies
And for kicks, you should also try submitting all publications in Eagle and Summit Counties.