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I have studied a lot on here and have looked for a good mentor who eventually wants money out of me (which is not a big deal except it seems large like 5-10k). I don't mind paying for a education but dang. Is this w...
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If I purchase a home for $25,000 cash, then spend $15,000 to fix it up, then refinance at an appraised value of $100,000(just an example), would depreciation be based on the $25,000 plus improvements or would it be ba...
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I have 3 properties with my family in Brooklyn.In one building we have 2 apartments, we live in them. In the other 2 properties we have 6 apartments in total. All three properties were bought on my uncle's name, as he...
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Hi EveryoneI am considering an investment NNN retail space, where one of the tenants is a Mattress store franchise. The franchisee has 5+ locations, in a geographical area, and has been in business for last 10 years.....
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Hi, I'm new to Leasing / Retail. Can someone tell me, how lucrative is the leasing business for brokers? I noticed on one deal I got to review, a broker representing a Tenant got just under 98K for one deal. Of cou...
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Credit score: 700-ish
Salary: 75K plus $15,000 from another rental property
I can have 20 to 26,000 in the bank for reserves but would also need to use it for the down payment (3.5%) if that's legal, to use it for bot...
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Below is a snap shot of a P&L on a potential investment property. How exactly is D/I calculated. I'm confusedIs it PITI/(.75*2400)=(1246/1800) which is 69%? Is the D/I something else?
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im 24yrs old interested in getting into real estate. I live in tampa,fl i see theres plenty of opportunity here but i have no credit which is bad im very motivated to do whatever it takes to get started...CAN ANYONE H...
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I'm moving to Melbourne Florida and I'll be looking for sfr within the next 6 months to hold and rent in the area. From a distance, It seems the current market prices in Melbourne (brevard county) no longer works for...
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So right now I work in public accounting and just finished up tax season. This tax season was a bit challenging since this is the first tax season I had a baby at home. Working long hours plus the 35 minute commute ma...