Hello everyone, My question is in reference to buying my first duplex. I have a friend who owns 2 duplexes in Los Angeles and one single family dwelling in Texas. He is quite motivated in getting rid of these propert...
So I'm looking at a deal and these are the circumstances:Undeveloped land (looks like only foundation was done), but has approved plans.Looks like 2 multi family plots were mapped out.comes with 35yr tax abatement and...
This week's post goes out to the data-driven folk...First, let's talk about two key metrics: Average Daily Rate (ADR) and Occupancy Rate (%).Understanding ADR: Maximizing Rental IncomeThe Average Daily Rate (ADR) is a...
I'm not clear on how equity factors in to a whole sale deal. Does equity matter in a whole sale deal? I've been to a few wholesaling seminars, however, no one mentions if this is a important factor and if it matters (...
Hey there, I was just wondering, what are the total tax rates including self employment and all other taxes in NC on house flips? Thanks
Hi All,
I am working closely with a company to identify what key factors are most important to us when choosing a Property Management company. I own 6 doors currently and know what I think, but I would love to hear w...
Hi everyone, I am currently looking for my first investment property, most likely a SFR due to budget restrictions. I am in the pacific northwest and prices here are high compared to some of the investing hotspots ar...
I know there are a variety of screening practices used by landlords and property management companies. Personally, I follow this standard for every application I receive:
- Income of at least 3 times the monthly rent...
Does properties on I44 near 63rd and Kelley is good area to invest? How are rental comps for 3bd/2ba. Please advise.
Hello!
I am curious to see how others out there would calculate a deal when 100% of it is financed?
I have several investment properties with HELOC's on them and available equity. If I buy a $200k inves...