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I'm analyzing a possible new development deal and when checking with the city, they have provided a checklist of what they need to see in the site plans that get submitted for approval.Complete sets of plans consist o...
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I'm a newbie, so please forgive me. My wife and I purchased one rental property last year. We began looking recently to purchase another property. I stumbled across a turnkey solution. They will cover as much or a...
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My wife and I own 25 Ag exempt, debt free acres on a hard corner of SH130 a few miles up the road from where Tesla bought a new manufacturing site. The site is in the City of Austin ETJ with utilities not adjacent, bu...
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Hi All, got the Clear to Close on my first multi! So, question about the appraisal, I bought the property for $170k and the comp appraisal came back at $174k but the income approach came to $184k and that's before I ...
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i used to use individual tradesman (painters, cabinet guys, windows, tilers, etc) on my previous projects. i use to meet them in my paint stained work clothes thinking that i am showing them i know how to do their ...
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I'm looking at a mobile home park (new to mobile investing) The park has 8 units and owns all the units. Three years of financials shows 61K of gross income and 36K of net after all expenses. I think I'm getting a g...
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It’s occurred to me that by listening to all the hype put forth about real estate investing by the mentors, gurus, reality TV shows, thinly researched newspaper articles, news reports etc. that everyone interested in...
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Hello all,
I have a question about purchasing multifamily turnkey properties. Is there a formula for this or would you want to purchase at full value and look to gain your investment back in cash flow? I kn...
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Ok so I grasp how whole life works.
But in order to use it correctly should I have a lump some ready to put in on first payment.
Example 50k policy 4% return 2k first payment required monthly after that is $35
So...
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So with refinancing my rental, I'm finding it easy to compare the simple stuff: rate, points, ltv. Next level stuff for me will be the closing cost. Some lenders have provided me a complete list (see image below). ...