My 2 rental properties are held under my LLC, which is held under a self-directed IRA. The IRA holder needs me to provide a Fair Market Value for the properties, and use the following as a source: An appraisal, broker...
BLUF: Can anyone provide their process for estimating repairs, fair market rent, and CapEx on single family homes? Special processes for long-distance investing would also be useful. I am completely knew to this (this...
BLUF: Can anyone provide their process for estimating repairs, fair market rent, and CapEx on single family homes? Special processes for long-distance investing would also be useful. I am completely knew to this (this...
I just finished a two family rennovation and it came out beautiful (granite counters, SS appliances, back splash, the works), lots of interest from prospective tenants at the rents I have listed ($1850, and $1650- fir...
Hi
I am a little confused on how a home equity loan works. Based on my understanding, the loan amount you can receive is based on the amount of equity present in a property. This is found by subtracting the remaining...
Hello, I'm currently in the process of approving a section 8 applicant for one of my units. The case worker said the max rent they can pay is $1830/mo and not the full $2050 we advertised it for.... I talked to the te...
What is fair market rent?
It is how much you can charge for renting out a home or unit based on a few factors we will discuss here.You need to know the fair market rent because it tells you how much you can make per ...
What is a typical split in a partnership deal where one party found the deal, another (me) will fund around 90% of the acquisition and rehab, and a GC is being hired to do the most of the rehab work?My deal finding pa...
Can someone point me in the right direction on how to obtain a FMV on 324 acres back in 2011. What is the normal profit range on raw land that has been cleared/manicured? Thank you in advance!
I am a FL Wholesaler I just recently partnered with a Note Buyer/ REO bulk contract holder.They sent me 4 deals, with addresses and zip codes. They state that they are 42% FMV or Offer from the Buyer. However, they di...