Meghan Chomut
Acquisition Cost=$0 how to calculate return?
When you rent out a former primary residence, how do you calculate the cash on cash return? Since the acquisition cost is $0. Or do you use the costs from 10 years ago when you originally bought it? Or the costs to ac...
Peter Oh
Acquisition Costs for Mulifamily properties in North Carolina
Hello, I'm looking to acquire multifamily properties in North Carolina. I understand that attorneys do the closing there. If anybody is familiar with the breakdown of the costs associated with closings in North Caroli...
Steve Smith
Dollar-Cost Averaging Applied to Rental Property Acquisition
I've been listening to @Scott Trench's new book, Set for Life, recently. Scott discusses the concept of dollar-cost averaging a bit as it relates to investing in index funds. This makes a lot of sense to me and I've...
DAngel Vega Pastrana
Cost of building a home without land acquisition
Good Evening! I'm interested in building a SFH in the Virginia Beach area and was curious what the average cost per square footage was? Assuming the site area is level and clear. I know there are multiple factors that...
Blake Wight
1% Rule Based on ARV or Acquisition Cost
Hey Guys!I had a quick Inquiry about the 1% rule general rule of thumb. In terms of BRRRR it is common to purchase many distressed properties that need to be rehabbed. My question here for a preliminary quick test for...
David Lucas
Fannie Mae Cash Out Refinance (Acquisition + Renovation Costs)
Hello BP - I am planning to refinance one of my rentals, I paid cash for the home, and I've been told by one mortgage broker that I can refi 70% of the acquisition price + 70% of all documented renovations. Just wonde...
Abdenour Achab
Should I expense or capitalize post acquisition eviction costs
I acquired a house in September 2010. I evicted the previous owner in December 2010. I paid the eviction costs in January 2011. I listed the house for sale in March 2011. I expect to sell the house in 2012.
The house...
Jimmy Wen
Thinking about my 1st acquisition - Questions on Operation Costs
Hi all,I am thinking about buying my very first rental property, which is a 3-bedroom, 2.5 bathrooms, single-family house in Puyallup, WA. Upon my visit, I know the house needs wall repainting, replacing bathroom tile...
Matthew McCall-Stillman
Best acquisition and Cash Out combo companies and costs
Hello all. I initially bought my 7 properties with my partner, cash only. My partner however does not want to use any type of Leverage and lending. At this point I am forced to purchase more homes with leverage al...
Jonathan Taylor Smith
REFI: Acquisition Cost or Appraised Value (whichever is less)
Watched Webinar prior evening about BRRRR strategy and @Brandon Turner mentioned being able to REFI out in as little as 6 months, or even less if via Commercial / "Portfolio Lender". Am I wrong that a "Portfolio Lende...