Patrick Menefee
Are the 1% and 50% rule mathematically compatible?
23 November 2019 | 4 replies
If your interest rate exceeds 6.375% however, you now break even or have no profit.THE VERDICT: at current rates, they are compatible; however if mortgage rates increase above 6.375%, the two rules are mathematically incompatibleOk, that was a fun exercise.
Alan Daniels
Realtors buying SFH "subject to"
24 November 2019 | 5 replies
While very different roles/responsibilities, these titles were used interchangeably in my RE book and class, given by the state.
Tony Adams
looking for books on developing multifamily units
23 November 2019 | 5 replies
In the interim here is a broad overview of the process.First you need to do a quick feasibility exercise to determine if the project will work financially.
John Wijtenburg
Is "live below your means" really good advice?
1 December 2019 | 72 replies
Rather than saying, I really do want it, and I am going to figure out a way to get it; and then exercising their mind, and increasing their creativity, create a way to make it happen.
Greg Dickerson
Building ground up multifamily and mixed use
23 November 2019 | 0 replies
Real estate development is a complicated capital intensive process and there's a lot you need to know and do before you put a property under contract or close on a property you plan to develop.First you need to do a quick feasibility exercise to determine if the project will work financially.
Nitish Lal
New Member: Real Estate Investor, Toronto ON Canada
27 November 2019 | 9 replies
My favourite hobbies include: reading, exercising and cooking.
John James
I found the deal, presented it to a partner...now what?
2 December 2019 | 31 replies
Could you restructure the deal such that you could borrow the money from someone and pay them a return, or approach another investor who wants a less active role?
Noel R.
Anyone renting to section 8 tenants in Indy?
9 January 2020 | 7 replies
One thing to also consider, because there is such a long waiting list for people waiting to get on to the S8 roles, the tenants will do most anything keep their vouchers.
Rahim Pir
lease to purchase Vs. owner financing
25 November 2019 | 2 replies
Title does not change hands until the buyer exercises the buy.In an owner finance situation the deed changes hands.
Charles Phelps
Wholesaling lease options
29 November 2019 | 6 replies
Or if they will wait for your assigned TB to exercise option and then seller pays out agent (risky).