Charles A.
Why I do not invest in syndications.
We are in an environment of unprecedented cap rate compression and record low interest rates which is only headed in one direction after this is all over.Yes, make no mistake, the music will soon stop.That has very li...
Larmon Cummings Jr
Three Times A Charm
Well, after taking the Broker exam for IL three times I have finally passed-Thank God!! I have heard several people say that the exam was challenging, and I very much so agree, but I can say that I am glad that I have...
Cal C.
Sometimes Zillow is woefully inaccurate
I recently purchased a rental for under $35K. I'm just now starting to rehab it. I'll likely put about $15K into it and rent it for $750. Anyway, I was looking at it on Zillow yesterday and the zestimate was for ov...
Kyle Storms
Purchase Agreement & Assignment of Contract Forms
Hello everyone -
Can someone tell me where I can find a purchase agreement and assignment of contract forms for the state of Indiana? I am planning on using the assignment of contract method (vs. double-clos...
Jeff Tumbarello
IRS Taxstats 2009
The 2009 summary of US income and taxation
http://www.irs.gov/pub/irs-soi/09in11si.xls
To balance just one year's Federal budget, everybody's income tax would have to AVERAGE 50% to just break even with spending. T...
Arjun K.
Tax accounting with Property Management Firm
I have a property manager. The property manager will handle repairs automatically that cost less than $250. He nets these repairs out of the rent I receive. he provides a statement that shows the rent received, the...
Nate Smoyer
Settle a debate: what is a rent roll?
A friend and I have different definitions as to exactly what a rent roll is. How do you define rent roll and what info do you include?I'd love to know what y'all all think. I've seen varying forms being labeled as a r...
Thomas Ingrao
Multi-Family Property With 7.8% CAP
Hey guys! I recently stumbled across quite the property in my area. It is a multi family apartment complex in small town New York. I desperately want to get involved on the property but have nothing near the funding n...
Danial Cousino
REITs as a starting point
I’m new to investing so I’ve spent a lot of time trying to learn how to have consistent growth to support my retirement one day in the distant future. I can’t afford to invest in actual Real Estate so I thought what a...
Eric Schrader
Utilities included in the rent
So I have been looking at a 6-plex for purchase. It has 5 of the 6 units rented. Couple of questions, do i include the empty unit's rent in the GIS calculation? How do i address the heat & water included in the ...