6 February 2017 | 10 replies
Walk throughs are often jokes anyway; each state gives a landlord a certain amount of time to review a rental property for damages above normal wear and tear and it's not unusual that additional damage may be found after the walk through.
3 March 2017 | 9 replies
The ultimatel goal is build funds through fix n flips (open to wholesaling too) to acquire mid level multis (10-50 unit properties)Beyond the normal "how do i _____" which likely has been answered multiple times over here on BP the biggest question I have is how do I get my wife more involved, engaged, and an integral part of this new endeavor?
7 February 2017 | 11 replies
Normally, I use turbotax business and have found this program to be adequate for my purposes.
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.