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I understand the NOI/Cap rate formula for valuing how much a property is worth paying for, but how does this formula work for calculating the future or NEW value of a property after 5 years of rent increases?Since the...
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I am planning to buy a fixer upper and make it a B & B. I'm torn about using a general contractor vs. doing the general contracting myself.CONs of Hiring a General Contractor:1. They are reputed to suck big time ...
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I have my first property purchase underway. I close on a duplex in a college neighborhood in San Diego. Both units are 1 bed / 1 bath and I secured it using a VA loan. The closing date is 8/16.
I wanted to get the ...
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Just getting started, anyone find it beneficial to have a separate phone for business or too complicated/unnecessary expense?
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I'm trying to get my first flip going but family and friends that have money are unsure about going in with me. I don't blame them because it would be tough for me to give someone tens of thousands of dollars too. Now...
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Hi all,
I am a new investor in the Denver metro area and am doing a bit of work for a home that I bought a few months back (demolition of a back area of the house and its subsequent reconstruction). I've found a gene...
I want to start by saying: WHOLESALING IS NOT ILLEGAL. Wholesaling is buying a property at a discount and selling it to an investor or anyone who isn't the end user. I'll address a few common questions and misconcepti...
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I am about to cold car for multi-family deals. What are some advice or verbiage that would work? The owners are people who have owned it 10+ years. Any help is appreciated!
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Has anyone here been involved with a RE education/mentoring group named Renatus. Went to a presentation tonite in Houston. Seems like a potentially good organization, Seems to be quite pricy though. Looking for ge...
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We all had to start somewhere . . . new investors are thirsty for real estate advice and I think we can get a thread going with some fantastic feedback from many different viewpoints. So . . .
What's Your Top Tip for...