Scott Nelson
Include Management Fee in CAP rate?
I am looking at a 10-unit building in a less than ideal neighborhood. The actual expenses do not include a property management fee. Should I adjust the CAP to reflect that In my due dIlIgence or is it normal for these...
Victor S.
Bedroom HVAC options
Hi, all.Looking at rehabbing a spare bedroom I have in my primary. It currently does not have any heat/air going to it and I wouldn't be able to simply tie a pipe from my central system to it (I have a floor vent syst...
Kevin Roberts
1st property - Help with best way to close w/ owner finance
The purchase price is $38700 and I plan on putting a down of 35% = $35545 and having the owner carry the remainder for 12 months with equal payments and 6% interest. What is the best way to close on this property incl...
Jennifer Blanks
Realtor Contracting Question
When working with realtors, is it ok for a realtor to use my purchase agreement or are they mandated to use their official state contract? My contract has investor lingo with CYA wording that covers me, the investo...
Michael Dewar
[Calc Review] Help me analyze this deal
Goodmorning!I'm having issues with making this report. I am trying to figure out how to input my hard money lender info for the purchase loan. I put in the information, as it is a 6 month loan, and when I do I am gett...
John D.
$20k a month in cashflow on one door
Purchase Price: $960,000Rehab required: $310,000ARV: $1,400,000Monthly rents: $36,000This was my first Vacation Rental that worked out.But prior to that success.....After having a couple of Vacation Rental purchase co...
Andre Walker
Purchasing a 2 bedroom 2 bathroom condo
There's an off-market 2 bedroom 2 bathroom condo that I am looking to purchase. It has no rental restrictions, plenty of parking, great neighborhood, water is included in the utilities, low HOA, closest schools and 15...
David Brimble
Seller refused 1031 verbiage on contract
I recently put an all cash, offer on a property. 1031 verbiage was included that simply stated that the seller would agree to sign any 1031 required paperwork. There were no contingency’s. The developer thought this w...
Sneh Pandya
Should I buy this property
I am planning to start my real estate journey and in discussion with one propertyPrice : 275kRent Estimate : 1900 - 2100Vacancy rate : Almost none.Monthly Mortgage and HOA : 1400It does appear to be great property, le...
Sean Harper
Newbie Financing Advice
Thinking about making the first purchase:roughly $90K sale pricePlan to purchases with 100% Home Equity Loan 7% interest only for 12 monthsInvest $20-30K in renovations (using 7% interest loan)Anticipated value $150KT...