Hi I'm a newbie investor and I have a basic question about sub2 transaction.
My seller said her current mortgage balance is about 480,000. And according to the NOD, the delinquent amount (i guess this is a fo...
It’s great when our team comes up with a nice layout idea and when our contractor does a great job implementing it! That’s exactly what happened with the bathroom renovations on this property. We took a very ordinar...
It’s great when our team comes up with a nice layout idea and when our contractor does a great job implementing it! That’s exactly what happened with the bathroom renovations on this property. We took a very ordina...
I'm interested in purchasing a listing in Butts County, GA. The listing includes two residences on 2 adjacent properties for $600k:Lot #1 has a stick built home on 5 acres (I plan on living in this residence)Lot #2 h...
I’ve been running some mock property assessments from Zillow. I’m not quite sure I’m creating the NOI correctly. What all should I include in the income side and the expense side of the equation? How does mortgage fit...
I am considering putting a duplex under management by a short
term rental company. The contract they sent me contains the following
clause:
b)
Indemnify, defend, and hold harmless the Agent, and all persons in...
Hello all! Are there calculators out there that will consider original equity at purchase. For example, if I pay 80k for a house worth 100k, then I have an initial equity of 20k. The calculators I've looked at just...
I’m looking at purchasing a rental property South of Dallas, in Desoto. This SFR has an in ground pool in the backyard. It’s going to cost 100-150 a month to maintain it. How would you account for this in the rent? Op...
Hi BP!As I continue to grow my BRRR strategy, the risk I'm taking on the renovation side is ever increasing. Some of the renovations I'm looking at are well into the $300k range, which for a small time guy like me, is...
When analyzing my first few deals I didn't add in management fees before calculating NOI for valuing the property because I intended to self manage. That now seems a mistake because I effectively bought a job. What'...