So I have a seller with s high pay out close to property value.. Home has equity but and the initial payout up to 150k. I don’t really know how to make an offer on this one.. it’s in decent condition cosmetic renovati...
Hello, hope all is well I am looking for a new CPA. I have both W2 and 1099 job as well as rental property with expanding real estate portfolio in near future. Had initial consultation with wealthAbility, I have a hug...
Folks - I am a beginner real estate investor in NJ and one of my subject properties is a foreclosure. I used Frank Gallinelli's book What Every Real Estate Investor Needs to know about Cash flow on one of my subject p...
First deal, I'm sure I made some mistake, thus the post!Duplex - C Neighborhood 40k - Purchase Price - 25% Down ~10k4k - Closing6k - Roof Repair1.7k - Misc Upfront repairsMonthly Expenses/IncomeUnit #1 - $450 - Curre...
Hi everyone! I am currently working on rehabbing my first Investment property to flip. Please let me know what you guys think.We’re in the final stages! Painting is complete, kitchen cabinets have been installed, plum...
I am not sure the best way to ask this. When comparing similar commercial (NNN retail) properties, is there a method of estimating the sales price based on the remaining terms of the lease?
EXAMPLE: There are two...
I bought a house for $30,000. A friend is investing $15,000 cash in renovations and doing $15,000 worth of labor to update the home. Lets say the house is complete after this. We agreed on a 50/50 split. 25% of his...
I'm wondering how I can connect with someone who can help me find the best location/neighborhoods for applying the BRRRR to? I'm ready to start investing anywhere in the country, wherever I can maximize my profitable...
Hello fellow investors. I had a question. I am selling an investment property and wanted to understand capital gains correctly. When I purchased the property I put down 25% downpayment of my own money + closing costs....
Hey Guys and Gals
My husband and I have been in the rental business for about a year and a half. Within that time have purchased 10 homes to which several were purchased on a commercial loan. My husband works, make...