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I was doing the cash in/out math on the BRRR method manually to get a better idea of how it's all calculated. The last piece I don't hear much about but came to realize is in the last R, you have to schedule/plan for ...
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So I'm running the numbers on a property that I found, and I'm trying to see if they make sense to you guys...
Assumed:
30 Year Fixed Rate @ 7%
Loan Amount: $25,000
M...
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Hi! I am a new investor and am starting with wholesaling for quick cash. I hear about equity a lot, and this might be a pretty basic question, but can someone explain equity to me and how it pertains to wholesaling? F...
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I'm not familiar with all the exchange guidelines. For example, if I were to sell a property and net $50,000 profit, could I elect to exchange $40K of the proceeds towards a new purchase, pay short-term cap gains on ...
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Hi, I have multiple tenants on a 12-month lease that is up for renewal. One of them only want to stay for 6 months, but the other two want to stay for 12 months. Any advice on how I should handle the renewal?
Has any...
You're starting a chain of hotels that will one day consist of 1000s of hotels....What would you name it? And you can't use your name.
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Hi everyone,
So I understand the Cap Rate concept of annual NOI / value = Cap Rate. However, what I cannot seem to find is an exact description of what "value" I need to use. Should this be the ARV / Comp val...
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Reading over the forums lately, I have come across several posts that talk about buying "points". I can't seem to grasp what that is, and I've tried using the search function, but no luck. Can anyone explain?
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Hey!If a single family house is in a B or C class neighborhood. What makes the rental appealing to potential tenants? For example a 3/1 vs a 3/2 configuration? Thank you!
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Hello All,I am trying to understand how depreciation of a long term upgrade (Solar) is calculated for tax purposes / understanding the real cost. My question does the depreciation directly offset net profit? Examp...