Chris Serger
Need help figuring out yield based on IRR
I'm an REI newbie and have been talking to several MF syndicators and have learned they mostly use IRR when promoting their offerings. I get conceptually how IRR differs from ROI, and I'm good with Excel and know how ...
Phil Harris
Collateral Loans or Using HELOC to fund Multi Family
I just got back from talking with the bank about my situation. I was told in my situation that I should be looking at properties with 5 or more units. My goal is to simplify everything and to have one person I can g...
Darshan Patel
Harder to evict rent to own tenants ?
I was taking with a lawyer about getting documents made for rent to own property. He pointed out something that was a concern for me. My original impression of rent to own was that it’s the same as regular rental, b...
Jeremy Smith
Transferring Ownership of Family Owned Properties
Quick Background: I've been fairly successful in other areas of life and recently determined that moving towards passive income is the best way to achieve my financial/lifestyle goals.- I currently have 2 SFH properti...
John Murphy
Our tenants pay their rent at our Bank and we want to change this
Hello everyone I'm a Property Manager of 15 apartments in a small town.Tenants pay their rent at our bank. 90% of our tenants pay with a check.I would like to set this up so that Tenants may pay their bill online.Ar...
Kurt Schmid
Company Name
How important is it to have a company name to put on your business cards and letter head? I don't actually have another entity formed but I guess I could use a name if I need to.
Do you find more success using anoth...
Au N
Real Estate LLCs and How to Run Them
Hello All,
I'm new here, but have taken some time to read through this site for this question I have. Chances are, the answers here somewhere, but I couldn't find it. So I apologize in advance if I'm repeating a ques...
Devonte Perdue
Tax delinquent property
Hello, I'm a beginner investor in ohio. Question: when marketing to a person that has a property that is behind on taxes, what happens to the mortgage loan on that property?
Sheila Villacampa
How to appeal to private lenders
Hello BP,
I am inching towards rehabbing my SFH that I purchased cash in 2014. After trying 2 conventional rehab loans that were denied due to high debt/income ratio, I am now trying to get private lenders from peopl...
Account Closed
gain/loss on sale of rental property
In 2007 I bought a condo for $190k. In 2013 I moved and converted it to a rental as I was too far underwater to sell. The market value at that time was 70k (basis for depreciation). I've taken about $8,000 in depre...