Carlos Lopez
How do you valuate a Mobile/RV park that's empty?
So I'm looking at a park that has a house on it and about 18 spaces. all empty . park hasn't been used in years. seller says licenses/permits are up to date but it'll probably need new wiring, maybe fixes to sewer. ...
Tom Vic
Just bought my first rental property. Not sure if it was a good deal or not. Help
hello, My name is tom. I am 26 years old. I just bought my first duplex in a suburb in Rochester , NY.I was looking at calculating return on my investment and using 50% rule to determine if I made a good deal. I'm con...
Stephanie Bureau
Tax issues in Analysis
I can't get a property to cashflow in the calculator. I'm looking at rentals. I use the 10% repairs, 10% cap ex, 9% vacancy and 10% management. Taxes are about 2-4k/yr here and it throws off all of my calculations. I ...
Shanair Mills
Walk Away or Negotiate
Found a property to invest in, offered the sellers only $1,000 less than asking just for minor items, also asked seller to pay full closing and to close in 30 days. Sellers countered with full asking, only paying 3,50...
Jesse Greider
What to do?!? Renters owe back rent on newly purchased property
Hey everyone,I currently put an offer in for a duplex and it was accepted. One side is vacant, the other has tenants. I have not put a deposit down yet. It all just happened today. It has just come to light that the c...
Greg Dickerson
Building ground up multifamily and mixed use
Real estate development is a complicated capital intensive process and there's a lot you need to know and do before you put a property under contract or close on a property you plan to develop.
First you need to do a...
Pj Smitherman
Which comes first, property or llc?
So ive been dragging my feet to get My real eastate company off the ground. Ive looked at a few properties but im worried about the risk of buying it in my personal name first. Or should i get an llc formed first? ive...
Joe Pomeday
Insurance for portfolios for Foreclosures ?
I'm working with a company that deals in a tax liens and is looking to get a policy for its pipeline of foreclosed properties. The main concern is getting a $2-4M blanket liability policy in place to cover properties...
Martez Barbee
Questions to ask a motivated seller
What are the key questions I should ask when contacting an owner looking to sell his/her property in order for me to qualify for my motivated buyers in a wholesale deal?
Corderos SMith
First Time HomeBuyer
Longtime reader first time poster. So my finace and took the first step towards purchasing a home. We recently got an estimated FHA loan approval for $125,000, our lender said she can use a tsahc (Texas state affordab...