Jonathan Taggard
New member from central California
17 January 2016 | 6 replies
I have years of experience in working in different aspects of the real estate industry but am looking to enter the realm of investing for the first time.
Joshua Pavao
Commercial education recommendations??
21 January 2016 | 19 replies
They are highly recommended in commercial real estate industry.
Paul Newby
Beginner in Austin Texas
23 July 2016 | 9 replies
I used to be a full time CNC machinist originally working in the oil industry and then building custom guitars.
Jon Selenkow
Aspiring RE analyst & investor from Los Angeles
19 January 2016 | 2 replies
I am new to the real estate industry but am hoping to leverage my experience as a business/financial analyst to learn as much about the market and investment analysis as possible.
Account Closed
Realtor / Newbie Investor from Middle Tennessee
16 January 2016 | 3 replies
I plan to be in the Real Estate Industry for the rest of my life.
Miles Stanley
Not exactly a new member but hello anyway!
22 January 2016 | 3 replies
i am interested primarily in buy and hold residential properties and my goal is to purchase my first property by the end of this year, hopefully sooner.I look forward to getting to know everyone and everybody i can as i prepare to take the plunge into this awesome industry!
Frederic Babeux
Investing in farmland?
29 October 2017 | 16 replies
I currently work in the investment industry as a mutual fund sales representative and am looking at investing in real estate within a year or two.
Nathan Churchill
Sanity check on my first deal!
10 October 2017 | 10 replies
This is for half of a duplex.Asking price: $75,000Offer: $75,000 (Yes, I offered what they were asking because there was a lot of competition and their asking price was way under market value)ARV: ~$110,000Down payment: $15,000Rehab: $5,000Closing Costs: $2,000Total out of pocket: $22,000Rent: $1,000Total monthly income: $1,000Expenses:Mortgage: $313 ($60k @ 4.75%)Taxes: $100Insurance: $80Flood ins: $0HOA: $0Maintenance: $100 (10%)Capex: $100 (10%)Management: 0$ (I will self-manage)Vacancy Allowance: $50 (5%)Total Expenses: $749NOI = income - expenses = $1,000 - $749 = $251/month cash flow.Wealth gain = ARV - mortgage balance - down payment - rehab - closing costs = $110k - $60k - $15k - $5k - $2k = $28,000CoC = 13.7%So, to me this seems like a really good deal and I'm worried I'm missing something because it almost seems too good to be true.
Reid Knight
Quickest Path to Becoming a Multi-Family Syndicator?
19 September 2018 | 24 replies
By "short timeline", I simply mean the quickest path - I understand this is a complex industry where an established track record is a must-have.Would getting my Commercial Real Estate Broker's license and working for a Commercial Brokerage, or finding deals for experienced syndicators (without a broker's license), better serve me in reaching my goal as quickly as possible?