Patrick Shep
Delayed Financing with assignment fee
I’m looking at paying cash for a deal and using delayed financing. It’s a wholesale deal with an assignment fee. If I do delayed financing am I able to include that assignment fee?
Andrew Brewer
appliances not specified in purchase agreement
Hi Everyone, I recently purchased a SFH in Kansas City. When I inspected the property a dishwasher, washing machine, wash and dryer were all present. When I took possession of the property these were gone. There is no...
Ryan Pyle
50% rule is alive and kicking for me
I just finished my 2013 numbers and am once again amazed at the validity of the 50% rule. Here are my numbers for the past several years. The number of units is the average units held throughout the year. To be cle...
DuWayne Jones
Multiple disclosure and addendum forms required in MN - really??
Today I contacted an attorney to ask for a review of a simple purchase agreement that I put together that I was planning to use. The attorney I spoke with said I need to include multiple disclosures and addendum forms...
Mary Daugherty
[Calc Review] Help me analyze this deal
View report*This link comes directly from our calculators, based on information input by the member who posted.
Brianna H.
Question: Exact Numbers to Include in Cap Rate
I have been reading through some previous discussions regarding how to calculate Cap Rate. To me, there seems to be differing and contradictory information with what numbers to include when calculating Cap Rate.Let me...
Kel S
Here is the tax letter!
Sorry for the delay. It took me a bit to retype this. Some of the price fields are blank and also where I put "house we purchased", that actually originally read the address or you could put the street name house. Exa...
Moses Lee
Do I need umbrella policy if rental property insurance also includes liability
Just purchased my first investment property. I am currently shopping for insurance. At this stage, I don't think I need to set up an LLC, but I see a lot of people recommending getting an umbrella policy. I got a coup...
Jim Rusco
Short Term Rental Question
I am looking at purchasing a condo in Myrtle Beach, SC. Purchase price is around $110,000; rental income is $26,000/year. When I plug my numbers into my calculator, I am coming up with a cash flow of roughly $800/mo...
Adam Summers
Complex Closing on Foreclosure
I recently won an auction on a popular foreclosure auction website. The house that I won sits on two lots. The majority of the house is on the primary lot but the attached garage and part of the basement extend into...