Javier Feria
Beat the auction
4 October 2016 | 2 replies
Can you purchase a property that has been recorded as a NTS, before the auction date through the owner itself?
Scott Prock
Clarification on Cap Rates
3 April 2017 | 42 replies
Unless my understanding of NOI is incorrect.Isn't the Net Operating Income the income generated after expenses are deducted, meaning the cash the owner gets after paying the operating costs.
Joe Kim
Pitfalls of out of state investing (And some solutions!)
4 October 2016 | 0 replies
I can see why wholesalers target - absentee owners.
Dan N.
How to protect yourself with new partners. Contractor Lien?
6 October 2016 | 4 replies
Contractors liens are mainly for subs who don't have a written contractor for services directly with the owner.
Joshua Sclafani
Bernie Sanders announces bill to close REI Tax "loopholes"
13 October 2016 | 17 replies
I take advantage of it and I understand why others (non business owners) get frustrated by businesses getting to write off so much.
Account Closed
Strategies for Self-Managing STR's
6 October 2019 | 37 replies
If you're just starting out as a STR owner, you want to make sure your photos rock, you're providing everything that you have in your own home and make sure your guests are aware of it, charge lower rates at first, then after you have some positive reviews, start to raise them slowly.
Miles Stanley
First BRRRR deal - need advice
6 October 2016 | 9 replies
Cash flow:Post refi: $109.26 ($1,311.16 annually)Cash on Cash post refi: 24.8% I do plan to get an agent to help me with CMA's, but these are preliminaryNow...There is a child support lien for about $25,000 against the man (whose address is shown as this property on the lien), but i cant find where he is an owner of the house (only the woman's name appears in the public record)...so does this lien affect this property??
Kyle Kovachik
New member from Portsmouth, VA
10 October 2016 | 19 replies
The previous owner started changing my sfh into a duplex so I'm weighing the pros and cons of finishing the job...
Deren Huang
Rate this MultiFamily deal
5 October 2016 | 6 replies
7 duplexes and the investor wants outC- area, most tenants are section 8(4) 3/2/1 and (3) 2/1/1Seller can finance, his terms: 10% down, 30 year @ 6%, 3 year balloonPurchase price: 600,000Appraised 10 years ago at 107,000Has a property manager that helps "collect and deposits rent, handles leases for new tenants, schedules inspection for section 8, and finds some renters"The owner has not raised rents in 2 years also..These are rough numbers for the duplexes right now, I believe there is a lot of potential for force appreciation: raising rents, separate water meters, finishing garages (since section 8)
Zoe Mercier
Got offered an owner financing deal for rental property - advice?
5 October 2016 | 8 replies
We have been offered an owner financed deal to finance a property for a rental that has a concrete block home and a mobile home.