Lu Cynda
Does Brrrr makes sense for my first home?
Hello,
Does it make sense to use BRRRR method if I have a HELOC out on my first home? I'm doing repairs and improvements while living in the home. I've had some set backs, but my ultimate goal is to get my first home...
Sheree Rainbow
Hard Money Lenders
Has anyone use "Do Hard Money" a hard money lender with success?
Josh McCullough
Educating tenants on financial budgeting.
In the never ending struggle to keep homes occupied, have y'all tried any type of budget counseling? This could be something as simple as passing out some simple literature educating them on how to plan out a monthly...
Joseph Young
Retail and Billboard Real Estate Evaluation
Hello all, I currently own a business in which I lease a free standing building on .8 acres/2,200 sq building. Also on the property is a billboard owned by one of the major advertising companies. The landlord came to ...
Richard Cisneros
Heloc Alternative Worth it or Not?
I applied for a Heloc once got approved but last minute declined to sign they will only give my about $45k my home was under evaluated and the %85 the banks do didn't make sense and variable rate and as high as 7.5% w...
Mona Lisa Harrison
Role Playing Ideas for REIA meeting
I am an agent and investor and I have been asked to help with a local REIA meeting that is centered on Due Diligence. They are seeing evidence of members investing without doing enough, or the right kind of due dilige...
Eric Carlson
Records / taxes on a duplex?
I purchase a duplex (or double) in Indianapolis in 2019... near the Indy Motor Speedway and 1 block off main street. The property is a double with separate addresses and separate roads/driveways (instead of being side...
Jose Diaz
Pricing vacant land
Hello everyone. I am interested in selling a piece of land that I bought many years ago. How specifically do i go about evaluating the land in order to set a sale price? The land is inside a non-developed community, h...
Adam L.
rookie, deal evaluation
So wondering if I could get some advice. An interesting deal came up for a storage unit complex that I'm trying to educate on how to evaluate.
Asking Price $255k
Rental Income from storage, 21units: $2233/mo
Ren...
Jinyu D.
2% of purchase price or ARV
I always hear the 2% rule as a guide line for rental properties. But I'm not sure whether it's 2% of your purchase price or 2% of the ARV. If the property needs rehab and the repair cost will make a big difference on ...