There has been a lot of discussion about interest rates recently and a general lack of knowledge about what is driving mortgage rates to go up so I wanted to make a post outlining the reasons why mortgage rates have c...
My portfolio is growing and I need to get more organized. I currently have 9 doors and 2 more pending. I've started making an excel spreadsheet to calculate pure cash flow for each month, so I know what I'm actually...
Hello – I will be in possession soon of a property that I plan to sell. Of course, I can see the estimated value on redfin, Zillow… But I think they are not taking into consideration the fact that the two homes on the...
Looking at P&Ls I see a lot of stuff that is placed in capital expenses that seems like it should be in maintenance, ie above the NOI line--but I don't know completely what the industry standards are.There are thi...
what is the breakdown for the 70% formula?how much of a % can i expect purchase closing costs and selling costs?holding costs?hml with holding costs?how come nobody explains the breakdown of the actual 70% rule??the 7...
Hoping for some advice on the following scenario: Couple A and couple B just started investing. They have one rental so far. There is a home available that could be split into 2 units with a 3rd one over garage that n...
Hi,If you bought a house for $500k with a 5% down at 4% principle + interest.5 years later that house is now worth $600k.You sell the house.How much is your profit? (excluding all the fees)Stan
Investment Info:
Single-family residence wholesale investment in West Memphis.
Purchase price: $30,000
ARV $65k needs no major work, mainly cosmetic. house is move in ready
Hello everyone, I'm looking for candid feedback of my analysis on this property. I intend on wholesaling the property but chose to analyze this deal from the assignee's perspective and will subtract my assignment fee ...
Hi. I am new to the idea of fix and flips. My market is Detroit (yes I know it is tough). I would like to do some fix and flips having dealt with buy/hold properties for the last two years. My question is how much do ...