Kelly A.
Prop 10–raise rent in anticipation?
11 October 2018 | 17 replies
It merely escalates on return engagements.
Justin Pencook
Making Offers on Foreclosures
29 August 2018 | 5 replies
I can see this adding up quickly once I find myself digging deeper into multiple properties.
Chris Tolstoy
Game time! What would you do?
30 August 2018 | 2 replies
Please keep in mind that we will have a 45-day window to select at least one property with a value of at least $265k.1) BRRR (to continue equity growth)-This seems like a great strategy, but I’m concerned with interest rates continuing to rise 2) Invest it all in one property 3) Find multiple properties 4) Other- please explain Return-There seems to be a lot of different ideas out there when it comes to returns.
Farhan Abbasi
Questions to ask on RE investment offering 20% preferred return
30 August 2018 | 4 replies
Here's the deal:- SFH in a suburb of a major city with great fundamentals (job growth, population growth, multiple sectors).- Purchase: $250K (presumably funded by Class A & B shares).- Rehab: $80K (100% bank loan)- Sale: $460K ($130K profit)- Deal is owned by LLC (seems like a general fund LLC for various targets), not an LLC specifically for this deal. - Payout: Upon sale and paydown of bank debt, Class A shares get their principal, then Class B shares get their principal, then Class A gets their 20%. - The Sponsor isn't taking a management fee (I presume they are majority owners of Class B).I would be investing $50K into the Class A shares, due in 90 days.
Phyllis Jones
New comer looking to invest
16 September 2018 | 10 replies
As a first property and to get the feel I would think a SFH is a conservative and normal approach, it doesn't have the potential cash flow of a MFH but also with that potential comes more risk, more costs and multiple tenants to juggle.
Navid T.
Real Estate Development Taxation
30 August 2018 | 2 replies
A deal of this size requires engaging 2 people: an accountant and an attorney.
Chris Tolstoy
Game Time! What would you do?
31 August 2018 | 22 replies
Please keep in mind that we will have a 45-day window to select at least one property with a value of at least $265k.1) BRRR (to continue equity growth)-This seems like a great strategy, but I'm concerned with interest rates continuing to rise 2) Invest it all in one property 3) Find multiple properties 4) Other- please explain Return-There seems to be a lot of different ideas out there when it comes to returns.
Jen Narciso
Landlord friendly appliances
17 September 2018 | 8 replies
OK, let's run down the list for C-class rentals:Toilets - usually Kohler, sometimes American StandardRefrigeratorsMicrowavesStoves/ovensWashersDryersDishwashers - Frigidaire has let us down hard in the past in multiple categories and at multiple price points (this includes the Gallery line).
Mahmoud Tellou
How real are HGTV programs?
4 September 2018 | 49 replies
When I was at another company, we got approached to find and provide construction services for a new flipping show where they were going to do multiple houses adjacent to each other.
Brian Kwan
How to Calculate Cash on Cash for HELOC?
5 September 2018 | 21 replies
Thus, those who engage in these activities should get a tax break on related expenses.