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Hello everyone, this is my very first post. I am pretty well educated on a lot of the terms and about REI in general, but I am still confused about the 50% rule and some of the math. Since I over analyze everything, I...
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I have tried to crunch these numbers and I'm getting a negative cash flow on this property. Could some one please give me a second opinion on this? Greatly appreciated.
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A couple of years ago I began work as CTO for a smallish mortgage company here in Northern CA. The company began to go sideways a year in, and I was in a position where a decent chunk of the staff was willing to foll...
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Hello BP ,
My name is Carlos and I was just looking for some direction and advice! Ok here is the deal, i've have been working with a realtor on a short sale for about about 6 months now ... the property is a condo ...
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I'm working on a deal involving a multiunit rental property that consists of a SF house and 4 garage apartments. Gross rental income is $2650/mo. Owner pays utilities of $700/mo. All units are rented on a 1 year le...
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I have been with my property manager from the start, about 5 years now. Its one of the larger companies in my area. I now have 21 single family homes being managed by them. All in all I am happy with the job they do a...
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Hey there. New to this so please forgive any ignorance. Some investor friends and I want to pool our resources together to purchase a smaller unfinished residential development (7 Parcels), build the homes, and sell t...
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5 of my best friends have created an LLC to begin investing in Real Estate. I recently started my real estate journey beginning of this year. Specifically, I am focused on wholesaling as a way to build enough capital ...
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Need to verify specifics but was just told about this pocket listing & here's what I know so far:For Sale 200 acre development for only $250K; has 130 lots (~20 lots are already developed with houses); lot size is...
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Yesterday, June 9th, I closed on a 3-unit multi-family. The bank gave me a hard time throughout the transaction especially this last week leading up to the close. It even got a little hairy during the close and it alm...