I ran a NPV and IRR caluclation of Fundrise's expected returns for my $1,200 (assuming $100/ month contribution) over a 5 year horizon. The NPV was negative $1,898 and the IRR was 1.02%. A negative NPV means BAD DEAL....
I am getting familiar with Washington State absentee-owners in foreclosure. Now before anyone gets all "excited", absentee owners are fair game in regards to foreclosure so lets please not open up that can of worms. A...
I am looking to develop 40+ units on approximately an acre of land in California. In the past two years, I've started to see a lot of new modular construction startups in California. I am considering using a modular c...
How do you structure your Quickbooks for real estate investing? More specifically, how do you track profit and expenses for each property (by classes? customers? rentals?) What is a good resource for Quickbooks that i...
Hi BP,
For those of you rehabbers out there, If you are rehabbing a house with knob and tube wiring would you rewire all of the knob and tube? FYI: the whole neighborhood is about the same age and most homes ...
Hello BP, really hope you can help with this one!
I am in Harris County Texas, more specifically the city of Katy,TX where public works, school districts and such are part of the tax bill PLUS additional fraction of ...
I will be closing in a few weeks on my first Investment Property. I have 10 Units and would like to send a generic letter introducing me as the new owner and in addition to that I need to set up a time to have them al...
From your experience, is there any advantage of buying a property with long term tenants living in there?
I only see disadvantage such as, most of the time their rent is not high enough and you won't have enough cash...
I just received my Foremost insurance policy for our STR Lake house.We have replacement cost insurance, but the amount seems low in today's costs to rebuild. Our Lake lot is a good chunk of the value but still I wonde...