I am looking at a condo in a resort area that has the potential to be a good deal with the right occupancy rate. I’ve confirmed the nightly rate, which averages out to be $135 per night. This has been confirmed by mul...
Ken McElroy's, and others, formula for figuring property value is Net Operating Income / Capitalization Rate = Property Value. But since Cap Rate is based off of value, I keep getting a circular formula where the val...
My first fix & hold just turned into a fix & flip. I need help with how to figure the numbers to make sure I don't get stuck with capital gains. Here's the deal...
3 months ago my husband & I purchased a ...
My first fix & hold just turned into a fix & flip. I need help with how to figure the numbers to make sure I don't get stuck with capital gains. Here's the deal...
3 months ago my husband & I purchased a ...
Hello all,
Im also new to this but have been reading alot i have a couple questions, 1st a little about me. I live in Texas want to get into real estate I have about 25K and intrested in all levels renting, rehabs an...
The subject is a short sale 3/2 1300 sq. ft. in a nice neighborhood a few blocks from the waterfront (Gulf of Mexico). Over 90% of the block is owner occupied by people who have been there 10+ years and the surroundin...
Ok,
SO I have a freind that calls me and wants me to fly to Detroit to Invest..
Here's the deal he has 20-30 properties that we can buy for 15K fix for another 30 K
We will be Rehabbed at 45K
These rent for $900...
Educational question. New to wholesaling and trying to figure out my market. Anybody can give me a few pointers on what should be done in this field if you don't have access to the MLS. How can this be done, perhaps R...
Hopefully I have the correct category here... so I need help (please) figuring out my cap rate of these two properties (both sides of a double)1st one purchased dec 2015 for $23,100(cash), rehab costs $17,000 (cash). ...
Hi everyone I’m in the process of wholesaling my first dealing and I’m trying to find info on other comps in that area to see what the property is wroth. Does anybody have an idea on where/ how I can obtain that info...