An investor who invests in a property with an 8 cap return for a hypothetical amount of $1,000,000 will earn $80,000/year in cash flow. IThe 8% return provides the investor a strong return which is about equal to ...
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Hello BP, Im a new Investor and I'm planning on Flipping a house soon once I figure out my funds, but my question is do I need to get an LLC before hand? Or is it just better to have it in general?
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I just closed on a house that did not have the power connected nor the water. We won't be starting work on it immediately. My question is, do I need to turn on the utilities or can I hold off on that ? I'm just tryi...
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If a house could go for $320,000 as is in market value how would someone go about contacting the absentee owner losing money as a rental with $50,000 worth of repairs, with an offer no higher than $220,000 but honestl...
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Ok, so I've been skeptical for many, many years of hiring a PM. My main concerns were that a PM wouldn't care for my properties like I would, that I would pay exorbitant amounts for any kind of maintenance, and that t...
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Whats the standard late fee in california for a room rental?
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Purchased my first commercial (Industrial) building and planning to segregate the cost to accelerate depreciation. Considering engaging a 3rd party company with their engineer visiting the place. Any disadvantages wit...
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I am looking to partner with a friend of mine. He is going to put up his credit and half the money for a but and hold purchase. He has agreed to let me run the property and he is going to act as a silent partner.
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Hi all, I was buying an investment property in Phoenix, which I backed out of today after learning of HOA restrictions. I contacted my broker and asked him to hold the appraisal, unfortunately found out today that I m...
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Here’s the underlying question. Do I spend my living expenses to pay for this opportunity?I’m on the fence with this for several reasons and since this would be my first investment property I’m trying to get as much f...