Hello fellow investors. I had a question. I am selling an investment property and wanted to understand capital gains correctly. When I purchased the property I put down 25% downpayment of my own money + closing costs....
I bought my first property at the beginning of the housing crash. Together, with my partner, we bought the property at an auction in May of 2008. The initial appraisal came in significantly higher than the purchase ...
So my wife and I want to make the right call for our real estate attorney. Spoke directly with Royal Legal Solutions and really liked what they had to say. It’s an all inclusive type plan in which RLS would take care...
Hello,I am investing with a partner that I trust, and we are trying to work out the proper agreement that will make this a win-win for both of us. For context, we both live in Los Angeles, he has all the capital, and ...
I know some other investors who have done this before and recently talked to two sellers where such an arrangement may make sense. Essentially, the owner moves out and gives me control of the house. I use my knowledge...
Hello,I am new to the site and starting my research for buying the first investment property. I am looking for hands-off approach to buying a rental property. I looked at RoofStock and mynd. I found that some markets ...
I want to start sourcing my own deals more effectively. I have a website and need to start driving traffic to my site for deals. I currently have 5 rentals (2 are cash flowing, 3 are being rehabbed/BRRRR'd), 25k in sa...
There are multiple ways to come up with a cap rate, so be sure to always ask how it was calculated.
Most cap rates are calculated by taking the net operating income and dividing it by the market value. Cue the examp...
Hello, I'm new here. I've done a lot of research and even worked on running numbers for certain options (just as an exercise), but I'm now looking forward to jumping in. I'm looking at small multifamiles and won't hav...
Made up example:(Using a private lender)Purchase price= $60,000Repairs= $15,000Closing costs= $4,000ARV= $120,000Loan amount after refinance @ 75% LTV= $90,000Closing costs/interest after refinance= $6,000What was the...