7 July 2018 | 28 replies
So for that reason this is where your sponsor due dillegence comes in play and what's has been their track record.Of course the normal warning that past performance is not indicative of future performance applies ;).In many of the platforms you will see repeat sponsors and some of it is just learning where I participated in a previous deal with the sponsor and trust them.
13 February 2017 | 91 replies
All cash flow after that is split 50/50 normally.
10 February 2017 | 1 reply
This normally wouldn't be that large a problem but we plan on rehabbing renting and refinancing this property (BRRR) and this will affect the appraisal value.
26 April 2017 | 12 replies
I normally will list them at full ARV & if I don't get a lot of interest within first two weeks, I start dropping the price or offering seller financing.
14 February 2017 | 8 replies
Vacancy should be part of your normal expenses so does not factor into the reno costs.
13 February 2017 | 11 replies
Normally investors do not want to pay off rental properties as their goal is to increase their investment income not decrease it.For a investor it is sacrilegious to have cash lying dead in a property.
1 March 2017 | 20 replies
That is how much the cash should earn in a normal investment.This is the opportunity value of cash which must be paid first otherwise cash is worthless.
14 February 2017 | 4 replies
From a strict cost of insurance coverage it will normally be cheaper that way.
4 March 2017 | 7 replies
@Patrick Burand,I can see if I have a colleague up there I can send you to; however, my normal advice is as follows.You definitely need someone qualified, does not have to be a CPA, could be an Enrolled Agent or an attorney.
10 May 2017 | 41 replies
Mortgage, utilities, maintenance will match or exceed the purchase price and out strip normal appreciation which historically track annual cost of living increases.