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We just offered 280k on a listed 299k triplex, they countered with 295k, we didn't budge, the deal cancelled...Just ran the numbers at 295k, to see if we should have offered higher, and it's 13.24% COC return. I feel...
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I'm a first time buyer and have several lenders I've talked to trying to get funding. The first lender called my back and said the pre-qualification looks good and I'll be hearing from them soon about how much I qual...
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My question is in regard to the 1031 exchange. I’ll have 2 properties in this theory that i’ll lay out. I am new to REI, so i’m not sure if this is even possible. If there’s something i’m missing here please let me kn...
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Hello everyone! I am fresh to studying and starting into my rental investment journey. Here is my situation as of today. I have two properties. One is a personal residence that I picked up one year ago that i have com...
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I just recently made a lump sum purchase on my credit cards and am currently in debt 44k. I'm not having issues having to pay them but I'm starting to feel the effects of the interest. I've always managed to pay my cr...
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does anyone have a good template to use for calculating cap rates to buy rentals?Thank you]Julie Pearson
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Hi everybody,
I have a few family members that would like to combine some investment properties and start a real estate investment/property management company. We are trying to find a CPA and a lawyer to help us with...
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*This link comes directly from our calculators, based on information input by the member who posted.hi I’m not sure I’m doing this right and don’t want to lose all my money! If anyone could give me some a...
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People often ask me how they should determine their operating expenses. These numbers should be determined using a combination of the historical financial data available, feedback from your property management company...
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In October I'll be purchasing my first multifamily investment property (4 flat in Avondale) and I'm currently shopping for a landlord insurance policy. I found that my personal insurance providers (State Farm and Prog...