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I know everyone has a different opinion about buying pre-foreclosure, but I want to know what is the absolute correct way to buy pre-foreclosures? What is the best exit strategy among others when buying a pre-foreclos...
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Hello everyone, My business partners and I are looking to purchase our first flip. We have been recently looking at a few properties and had comps sent to us but, adjusting them have proven to be a challenge. The issu...
Hello BP,
I am a newbie and I want to be able to achieve my first rental property in the next 6-12 months. I know I want to invest in single-family/ Small Multi-family homes and use the buy and hold strategy. I have ...
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Purch Price: $75k
Rent Ready $ 5k
Total cost = $80k
HELOC used $73k
Owner Capital $ 7k
Expenses: MNTH / YR
T/I = $221 / $2652
PM = $80 / $960
Ma...
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I am definitely going to meet with a CPA, but I want to understand on my own as well. We did our first HML this year, and I am confused about how I treat this for accounting purposes. I am using Wave Accounting. I d...
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New investor here. I'm trying to do quick analysis for properties using mostly rules of thumb (50% rule, 1.5% purchase price for rent, ect.) I feel like I'm horriblely estimating them. I'm not sure if I'm using the ru...
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Hey, I could use some pointers on whether or not I am doing analyzing the cash flow on properties correctly (or whether or not I'm even on the right track).
I'll provide an example property:
3 bed 2.5 bath townhome...
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Hi,
I heard about this Alternatives Program (HAFA) coming into effect in April. I am also getting a lot more offers accepted that I didn't have before so I am suspicious . . .that's my nature btw.
I am thinking it ...
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Hi, Brand new here! I'm practicing analyzing deals before I get ready to jump in the game. I wanted to double check and see if I'm doing this correctly. 3 Units - 1-4bed 2-3beds going rate for rent is around 800 a bed...
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Which Atlanta neighborhoods do you think are going to hold up best during the turbulence ahead?