Engelo Rumora
Let's predict the future
G'day guys,I'm going out on a limb.Maybe one day you can say that you heard it here first.I'll start by saying that the world is moving at a very rapid pace with all kinds of crazy technologies coming out.Virtual real...
Dan Hughes
Trying to figure out REI in the current economy
Hi All. New member here. Considering REI but trying to educate myself first. Biggest concern is how to gain cash flow in the current economy with high house prices, increasing interest rates and flat rental rates. I c...
James Wise
Are the internet and sites like Zillow making the Real Estate Agent obsolete? Not likely.
For quite some time now there have been many people saying sites like Zillow and Trulia were going to make the real estate agent as obsolete as the analog television or the travel agent.I don't buy it. Either do the n...
A McElroy
My email response to Connected Investors
I hope everyone who's new to real estate investing will think twice, research, think again, ask around, think again and do more research before buying anything, whether it be a book, a club membership, or anything tha...
Joshua Steven Ferrell
Are these quotes for new HVAC high or on par with current pricing
Hello all,
Curious who else has had to purchase a new HVAC for a rental property this year? I have quotes all the way from $8,850 - $13,250. The house is a 4bd/2ba 2,300 square foot. These quotes are for a Goodman...
Andrew Jones
Renting and Calculating for Depreciation
I'm trying to understand the calculation for depreciation. I used a calculator and entered some numbers to find the yearly depreciation of a rental property. It tells me that it would depreciate in value by 7,700 a ye...
Lily Ardila
Learning about financing
Hi all!
Wanted to see where everyone gets most of their education on creative financing, mortgages, contracts, notes, you know learning the rules of the financing game--not really anything that has to do with financi...
Corey Dutton
Younger Generation Prefers Paypal or Square Over Traditional Banking
From a recent poll of customer banking preferences, as seen on Bank Innovation, the younger generation is growing extremely comfortable with non-bank, banking services. So comfortable in fact, that 77% of the poll’...
John-Paul Rodgers
Deal analysis, please help a newbie!
Price: $500k, Lots 24, 100% Occupied, 19 units park owned, all older units (70s-80s) .Gross income: $96000, Expenses $46k not including park management. So maybe knock off $10k per year which at a 10 cap would imply ...
Jen Wilson
Fair market value and using comps?
We are Canadians from Toronto, Ontario currently looking for a vacation home in Key West, FL. We look at comps for many of the properties we're interested which sold for $100,000 less 4-6 months ago. Obviously, some o...