Hello - I am looking for some assistance in reviewing the financials for a 10-plex deal in Oklahoma City, OK.What am I missing? Is this deal worth pursuing? Details:Sales Price: $750,000Seller Offer: $5,000 in closing...
Hi, can someone point me to a person/company who can help me with setting up Yardi Breeze GL accounts the proper way. I have tweaked the accounts, but the issue I am having is I want the NOI to be calculated before Mo...
When I closed on my six unit commercial property with 5 out of 6 units occupied, my thought was: This is no big deal, I can find one more tenant and self manage 3 current tenants with triple net leases (1 tenant has 3...
First a quote:
If you have a corporation for `insurance purposes', i.e. so that you can't be sued, forget it. The courts find it very easy to go after the major shareholder of a corporation where that shareholder is t...
I’ve located the perfect add value potential multi family (6) units off market. The problem is the seller has poor financial records. Not enough data to value the property appropriately. How should I proceed ? It’s th...
I always hear wealthy investors online talking about how they borrow against their assets to generate tax free wealth. So far I’ve always just reinvested my real estate earnings back into my LLC. If I do a cash out r...
I am new to REI. Still learning and do not own any investment property yet. I am networking and listening to podcasts and gearing up for my 1st investment. LLC seems like a no-brainer to me to protect my personal asse...
Wow, this crazy real estate journey has taught me a lot! And let me tell you, doing your research is just as important as wearing sunscreen at the beach.When you buy or sell real estate, you have to do a lot of study ...
Hello everyone!!
Today, I want to discuss the importance of the Sponsor Underwriting Process. Part I.
Introduction
Sponsor underwriting is a critical aspect of real estate and investment analysis. It involves e...
Hi all,
I want to get a small bank statement loan of just 80,000 but I am wondering what are all the things I need before applying for such a loan?
Thanks in advance,
Rizzy