Hello!
I'm trying to run my own comps on a property I want to purchase from a family friend. However, I'm not a realtor, so I'm using Redfin/Zillow/etc. to pull these comps. It always says the number shown is the "la...
I'm looking to best understand the best way to fund an LLC. I did an initial seed fund but not a lot of money (just enough to open up some bank accounts). Eventually, I would like to build up the LLC business profil...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $125,000
Cash invested: $103,000
Sale price: $425,000
Ah, the tale of 5035 Center Rd, Linden, MI 48451 – a stor...
Hey, I'm new to the investing world and just requested the 1040 Schedule E from the seller. As I was reading through it, all the numbers looked good to cash flow with, until I came to depreciation expense, which was $...
I'm new to the REI world and still learning the basics. Something I'm trying to wrap my head around is whether the cap rate is actually a reliable indicator of the risk of an investment. My understanding is that the m...
Having left the Rat Race this year after 15 Years of Buy and Hold Investing I find it is time to reflect, document and give back. One of the first areas I reviewed was my initial purchases and I believe I made a mist...
As it turns out, a tenant in a property I have under contract is NOT on a month-to-month agreement. Instead, they are 2 years into a 5 year lease (2021-2026), signed with the owner prior to the current one that is sel...
Hello,I recently purchased a property in Las Vegas. I purchased the SFR as a 2 bed/2 bath, but it has a 3rd room that is an office. There is already a cutout where a closet could go simply by framing it in.If I add ...
Hello,I'm looking to BRRR and have found a foreclosure house. In addition to other changes, I would be finishing the basement and adding a full bathroom in the basement (currently 1 bath in the house). I would get it ...
Thought I'd share some recent findings after doing a market analysis on the DFW rental markets. I've had many investors asking me how the recent mortgage rates increases are affects rents on SFH investment homes. We...