Therese V.
What is MIRR (Manager's Initial Rate of Return)?
I was reading a thread on here and someone brought up MIRR (Manager's Initial Rate of Return) in passing. What is this, what does it tell me, and how do I calculate it? Why do I want to know this?Thank you for any res...
Jason Coleman
Using an appraiser to buy with Cash
Hey BP,
I'm a newbie and I have a quick question about buying with cash then refinancing later. Can I pay an appraiser to come into a potential deal and appraise the house for me? My goal would be to refinance the hou...
Tyler Smiarowski
Basic question on wholesaling?
How is a typical contract structured for a wholesale deal? Does anyone have a contract on a wholesale they could share? How long is the typical contingency? What do you consider the stereotypical wholesale deal? Th...
Micah Freeman
NNN Lease - Security Deposit Listed as None
Went into escrow on our very first NNN property this week. Documentation is starting to roll in as part of our Due Diligence period and Received the lease documentation today and it says "Security Deposit: None". Is i...
Kim Cruz
Tax Deeds- PA
Hi, I have been researching investing in tax deeds. I am located in PA.I understand that in PA there is first an upset sale where mortgages, liens, etc will not be wiped out. Then, the properties that don’t sell go to...
Alberto De jesus
How To Make Myself Attactive To Hard Money Lenders
How do I make myself attractive to hard money lenders if this is your first real estate flip, rehab, or long term property?What exactly do new real estate investors show hard money lenders to get a loan? I haven't tri...
Steve Hudson
Qualifying as a real estate professional - taxes
We're exploring ways for my spouse (who does not have a full time job, but works 25 hours/week outside real estate) to qualify as a real estate professional as we build our short term rental portfolio. Curious if anyo...
Jack Phillips
Need help with mortgages, liens, etc
So I have a hypothetical situation:
Lets say a properties ARV is $550k,
Repairs are $75k,
And Wholesale Fee is $10k.
Using the mao formula:
$550,000*80%-Repairs-Wholesale Fee = MAO of $355k
When I am making my...
Adam Robinson
If you’re a successful investor, what is your daily schedule like?
I am new to property investing, and I don’t have my first property yet. So far, I have gained a ton of knowledge just by watching YouTube videos, listening to podcasts, attending seminars/webinars. I would like to kno...
Ezra Avery
Hello & Thank You
My name is Ezra Avery. I am just beginning my real estate journey and would be appreciative of any advise. My goals are small multifamily to financial freedom with potential to scale to large multifamily for great suc...