How comfortable is everyone with leverage? How much cash reserves do y’all like to have in case of emergencies?I’m just getting started. Im under contract on a duplex. I work full time currently and make good money...
In my opinion, setting specific goals and evaluating progress are critical elements in developing a profitable real estate investing firm! 🙌
There are various levels of goals, and here are some examples:
Company Obj...
Planning and Setting Objectives for your Business Plan1. Make them Specific. Objectives should be defined of what the individual is expected to deliver. Keep simple statements of required end results written as action...
So, Monsieur Morneau has announced changes to private corporations and to the capital gains tax - but no real details. http://www.cbc.ca/news/politics/morneau-tax-change... I'm assuming this will effect a lot of us he...
While chatting with a friend today they brought my attention to discussions currently happening in the Oakland City Council that would be of interest to all of us with small multi-family properties in Oakland. Oaklan...
I understand that before actually diving into real estate, it is beneficial to have a plan. I have a direction - the first property I purchase will be a multifamily (small - max of 3 units) in which I will reside in o...
What are some of the formulas or stats that investors should look at regarding RE (I.e. GRM, ROI, Cash on cash, NOI, etc.)?In which cases should you apply these formulas (I.e. flipping, rentals, turkeys, vacancies, et...
Hi BPI am in the process of getting a house under contract, but I am not an expert of calculating my numbe right. Seller is asking 210k, I offer 206k. The seller use to have an agent the agent post the house for 224k,...
I'm developing a software-as-a-service offering for real estate investors to find great locations -- down to the block level -- to invest in single family rentals. It is especially aimed at people looking for better y...
Well I managed to get the value down by 10,000. I didn't pay anyone, I did it myself. It cost me a morning of my time, and some photocopies.I was aiming for knocking 30,000 off the assessed value to get a break on the...