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I have an opprtunity to buy my first income property and could really use some advice on what I should do. (It's a bit of a complicated situation, but i'll try to explain it as simply as I can.) I have sister who owns...
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I'm about to close my first deal for $150k rental property which will cash flow $14k yearly.Thinking forward, what would be an ideal strategy to generate enough income so I can retire in 10 years? I can refinance and ...
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I recently went to an investor group in Dallas tx. From what I learned there was to find a motivated seller get the house under contract for 70% find a buyer and sell it to them for 80%. It was pretty vague so I’m sti...
When you buy a property, and there are 5k worth of repairs and the purchase price will be 100k but the property is really worth 120k it means you have 20k in profit. BUT, if there are 5k worth of repairs does it come...
Hello everyone, I'm currently looking into buying a property with my father as an investor for the DP and Closing Costs. At the moment we are getting close to closing on a home that costs $370k~ with 25% down. At the ...
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I've seen that when buying rentals you use a cap rate. Cap rates of 6-12% seem to float around.
Then, as far as buying a business, it is common to buy in multiples of earnings, ie. 2x-5x earnings, or more or ...
So I'm beginning my real estate journey, and I'm curious about something. I own a highly-profitable online business, and I often see people talking about "moving highly taxed business profits into real estate," and I'...
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I'm selling some vacant land in the very near future (Next week) and I'm trying to figure out what to do with the money to not get hammered with taxes. It was something that was not on my radar.... I don't need to use...
So I'm a little confused because I read that Grant Cardone said to not buy a house for yourself because it's a bad investment. But when I crunch the numbers I seem to be getting more "profit" by buying a house and no ...
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I'm looking at buying a car wash and would love to get some feedback and comments to help make my decision.2016 sales were $225,000. Net profit is $116,000. Asking price is $1,000,000 Below are a few of the details a...