Account Closed
How does everyone calculate ARV???
Hi Everyone -I've been calculating ARV for quite some time and wanted to get the community's perspective on it. Specifically:If you don't find true comps (similar house with similar beds, bath, SF etc. etc.) do you st...
Terry Majchrzak
Over pay for cashflow?
I'm currently looking at a Owner financed 3 unit commercial/residential building. I couldnt find any comps but my broker friend did and the price difference is pretty astronomical.
however after paying the note ho...
Paul Armstrong
New Prospect Investor Looking for some advice from a Senior Investor
My name is Paul Armstrong I am a Traveling ICU nurse and have a strong drive and interest to move into the real estate investing world. I currently have a large DTI ratio and want to start applying this to long term w...
Frank S.
Cost Basis after Cash Purchase
Hi BP, I read "Every Landlord's Tax Deduction Guide" by NOLO, great book. I have a question regarding the cost basis for a property. Purchased: 69K, mid year during the tax year. Market value was about 85K.Tax Asses...
Jane S.
Selling a SFR should i do 1031? Or bite the cap gains bullet?
NOT location location etc ... When i got this house the NH was OK prob B- and now it is a solid C or maybe D+ and I have had too much vandalism. Windows shot out very expensive, car crash damaged fence, etc. Will be m...
Isaac S.
changing section 8 lease based on FMR
I am about to rent an apartment to a section 8 tenent. I signed the lease the lease already. they did the inspection today.I just found out that the fair market rent for my apartment in my county is $90 more than the ...
Regina Jones
Making multiple offer
Is it wise to make multiple offers without going to see the properties?
Angel Hagen
Direct mail to sellers who currently have agents
One of the target markets I am looking at for direct mail are those whose homes have been listed and not sold. I have identified zip codes in my area in which I would like to invest and I am narrowing down the housing...
Veronica Jones
How to pursue personal goals
Hello everyone,
With deciding to start in real estate, my main goal is to create enough equity in the properties I obtain to build a house and buy land (10-12) years down the line.Though the market always changes, ...
Mike Montana
Advice needed on how to account for differed Cap-Ex in offer
So I have been analyzing an opportunity to purchase a property with 33 units. After doing the Preliminary evaluation of expenses and revenue we come to the conclusion of what we believe the property is worth on paper....