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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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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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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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This a topic my family and I have discussed quite a bit and that bugs the hell out of me. Why is it that in schools nowadays we make our children learn 100's of years of history and complex mathematics that few outsid...
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Numbers Bought it for 175,000 a couple years backDown payment was 18,000 plus 20,000 fix upNow I owe 135,000 , it just got appraised for 242,000 , in this market I could sell it for 250,000One side covers the mortgage...
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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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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...