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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $408,000
Cash invested: $40,000
A 4-Family purchased with seller financing. House hacking was used to live...
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AllSo I have started to dig in and evaluate some deals as recommended. I have also heard that all the deals on Loopnet are picked over/left overs etc. So I will go over a pro forma provided to me by a broker and see...
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♦️This is what I do to estimate my entry point - VALUE ASSESSMENT - “We make money when we buy not when we sell..... right?”1) I look the average price in the area (similar properties - number of beds and baths) and g...
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I was hoping to get some professional opinions and expertise. I have 2 quotes for renovation work on a house. One quote has the items listed, shows the price of each item as $0 and then has a final total. I have no...
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HELLO I RECEIVED A DEAL FROM A HARD MONEY LENDER. DEAL: 70%(10K MIN DOWN PAYMENT) + 100% REHAB AND TOTAL LOAN AMOUNT OF 50% ARVSCOPE:PURCHASE 40KREHAB 40Kest ARV 126KWHAT DO THESE NUMBERS MEAN AND WHAT WOULD BE THE TO...
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Hello all,I am hoping someone will be able to help me. I am about to begin analyzing properties and want to make sure I have the correct formulas for each important item. I would appreciate it if anyone can tell me if...
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I'm In the process of insuring my first property. I found a company that is willing to do ACV (Actual Cash Value) or RCV (Replacement Cost Value) insurance and will give me quotes based on a calculator where I can inp...
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What total fee amount including appraisal, should a guy expect to pay on a $20-$25k cash out re-fi?
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I have couple of question for accountants:1) Is there anywhere on a tax form that calculates your total income?Total income: from everything; from W2 + from rentals, + every other income , without any deductions. Ev...
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Hi All. Looking for something simple to manage the expenses of multiple rehabs (which will be sold retails within 6 mos.). Nothing too complicated. Checking BP but nothing sticks out. I will put something together...