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Hi all, I'm in need of some advice, here's my situation as precise as I can make it:I purchased 2 duplexes and am close to finishing renovations on the first one. We've done some pretty extensive work: full interior r...
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I'm under contract for a duplex in Dallas, NC, and I'm a little nervous. They asked 419k, I'm under contract for 365k with a 3.5% seller concession and a 1.5% commission (I'm a new agent). Rental market says 1200 to 2...
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Hi Everyone!I'm looking for recommendations for a qualified Agent/Broker in the Atlanta area who would be able to help me find a small multifamily property. I'm looking to purchase in the next year, and would like to ...
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Hi, we are newbies and hope to get pre-approved soon for our first STR deal. Trying to wrap our heads around the best way to approach financing. Should we pull cash from our current stock/mutual funds (based on cur...
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The Net Operating Income(NOI) is a calculation of the properties operating value minus the expenses the property generates.There are many ways that the NOI can be calculated, but one of the easiest ways is to total al...
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I am struggling with understanding how using a HELOC for a down payment on my next property is any different than financing 100%?I realize how a heloc works and the advantage is using accrued equity instead of cash sa...
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Why can’t I wholesale probates all across the country?
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We are looking to build a new home outside of Toronto in the Owen Sound area. However I had assumed that we could have a comfortable home for about $200 per sq.ft. as a rough estimate of construction costs. I realize ...
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Domain name vs metatag contents
I understand its extremely variable as to what degree each search engine uses metatags. Apparently Google doesnt use metatag recognition much.
So what's one suppose to do when trying t...
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Hi Everyone,Hope you had a good weekend!Is there a back-of-the-napkin calculation for insurance quotes for small (2-4) multifamily properties? I'm looking for a quick way to add to my underwriting when I receive Selle...