Hello! I've put together a portfolio KPI calculator for our properties and am now realizing that I'm unclear on the best definition of "return" to use in calculations for things like Return on Equity (ROE) and Return ...
So, I know this has been discussed a million times on this site. I just wanted some feedback on my strategy over the next 5-10 years or so. Here's a little background about me. My wife and I are both employed (W2) and...
I was wondering if I could get some advice on how I should go about starting a company that raises capital from investors to buy properties. My idea was to somehow raise the money for a complete purchase or a downpaym...
A couple of random questions.
When a new banker pulls your credit, does it actually show the amount in the Checking and Savings accounts? I have a few (old accounts a couple hundred bucks) accounts with zero activity...
I purchase a property in Atlanta with hard money. Call it “123 Main Street”. I pulled permits through the city of Hapeville and did a full gut renovation. I am now being told by the city that they will not turn on wat...
My mother bought a 2 family house for 514K back in 2006. The mortgage was very complex and handled by the now defunct WMC(of GE), infamous for using scissors and xerox machines to fake documents, and anything else im...
My closing attorney wants to walk away from this Fannie Mae Foreclosure property, get my deposit back and forget it. Essentially, the deed does not describe the property boundaries, but rather refers to a lot number o...
Sorry for the misspelling in the title, hit post too soon and now I can't edit the title. I've decided to go the LLC route for my REI plan and I'm a little confused on how to purchase a property THROUGH an LLC. Detail...
TL;DR:
Decided it was fair to keep deposit of $770 for 5-year tenant for no cleaning, large scratches on floor and trim, hooks in walls, satellite dish installed on roof, and large stain on deck. He sent threatening...
Hey guys I am looking for some advice here. I am looking to get more involved in REI and want to be able to work in the field in between work. I have been thinking about it for some time and think I am going to just d...