I have a condo development project I'm trying to get financed in the Austin, TX area. I'm running into two problems. The first is that the two banks I've talked to so far are looking at my own personal finances for ...
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*This link comes directly from our calculators, based on information input by the member who posted.Quick note, I notice in the Total Cash Needed box, that it's including my rehab costs i...
This is a bookkeeping question.Every month we make a mortgage payment which includes: Principal, Interest, and Tax & Insurance.I split the payment in Quickbooks Online, so every month our mortgage goes down, plus ...
As a RE investor here’s something you should know regarding insurance!Every location & property type has its unique insurance needs, so having successfully executed a deal elsewhere may not have prepared you for t...
I'm the successor trustee on a home in CA in a living trust left to me and my siblings. I'm the successor trustee and 1 of the beneficiaries. Before my father passed he had a roommate & friend living in home pay...
Property managers, how do you collect rent from tenants, keep your management fee, and send the remainder to the owner without it reflecting as if you received the full rental income in your bank account?
Are y...
I have commercial property that generates $144,000 per year on NNN leases. My mortgage totals $36,000 per year.
I am nearing a condemnation offer from the state due to a new bridge going through the property.
I hav...
I've been interested in trying out turnkey real estate investing, and Memphis Invest stood out as one of the top turnkey real estate companies back when I was researching different companies. However, I noticed that t...
So -you've found a great off market deal - now what? how do you close on the deal after contacting owner and they accept.. is it just set up title company appointment to sign documents and wire transfer funds? I do...
Hi BP members!
I need some direction while running my numbers for a deal analysis. When it comes to running the numbers, I know all of the basics such as using the sales price and finding all expenses associated with...