I currently have a fourplex under contract in Wharton, TX. Each unit is 2 bdrm 1 bath. All units are currently occupied and each tenant pays their own utilities. The property needs minimal work. There are no compa...
According to the ABCs of Real Estate Investing, we are to look at the unit mix schedules to verify rent income on properties. It also says that rarely do you get the actual rent numbers on the presented brochure, and ...
MLS deal in my home town... Now get my numbers tuned up in the 14 day inspection period. excited and NERVOUS at the same time.... Hope it pencils after getting everything dialed...
Hi. I had a question about T-12 income statements provided by the seller. Is vacancy expense usually already accounted for in the top line rental income number? I never see vacancy as a separate line item, so I'm assu...
Hi all:I was just wondering if anyone could point me to a wholesaler-friendly title company in Northern Virginia, one that will do double-closes, contract assignments, and LLC transfers.Anyone out there have a good re...
Hello Everyone!
So I'm reading through the ABCs of Real Eastate and am in chapter seven "Is It Really a Diamond?". I wanted to ask a question on the numbers people use when evaluating vacancy to get projected income...
I came back from the summit and realized theres so much more I need to know about my market. How do each of you define demand? Are there reports you run with an agent, are there specific stats you pay attention to? ...
Reaching out to anyone who has some ground knowledge of the Virginia Beach area in the way of best investment neighborhoods vs zip codes to stay clear of. Looking to invest in a property that could either rent for clo...
So after 10 years in my profession my wife and our 8 kids (yes 8 kids) have decided to travel for a year or so in our very large RV. With 200k in the bank (150 invest, 50 travel) we would like to move from just stock...
What is the benefit of putting the wholesale deal in LLC, and selling the LLC to the buyer?