Wendy Vaidic
Rental Comps
Hello. I have come across a deal where I may be able to purchase a multi-zoned property (office and residential) at what appears to be a good price. What are the best sources for figuring out average office rental p...
Timothy Gregoire
Duplex Analysis
Property specifics:
List Price 225,000
25k down
Financing 200k @ 4.5% 30yr fixed
2x 3Br 1Ba
Rent 1300 (both currently rented)
Rental Income (Annual) 31,200
Vacancy -2%
Total operating expe...
Dustin Sanders
$1M in Assets or $1M in savings?
I was just asked why $1M in assets is better than $1M in savings. I believe $1M in assets is truly worth more, but I honestly don’t know why. Can someone please explain?
Jake Andronico
Why is it so hard to be patient?
"Patience is not waiting. It’s figuring out what you do in the meantime.”
- Alex Hormozi This quote and way of thinking has been instrumental for me in real estate. Realizing t...
Brent Crude
Holding LLC Does It Look Like A Sham ?
I've set up a Wyoming LLC that will be THE Member of a California LLC (yet to be set up),The California LLC will have a rental property, with income and expenses like a regular business,OK, so California LLC looks leg...
Frankie Betancourt
Can i get in trouble with mortgage?
Hi yes i was wondering could i get in trouble if i were to take out a mortgage loan and claim that i was living in this home as a primary resident. But in reality renting it out and not telling my mortgage company abo...
Account Closed
HGTV = More information or disinformation?
HGTV, = more information or disinformation?I have a 80 something relative, that insists that Property Brothers is real. I've never watched it, have yet to watch anything nonfiction on HGTV though. Maybe I should be mo...
Jason Merchey
Optimism Vs. Realism
There is a psychological research finding that used a light switch as the variable. The experimenters had subjects flip the switch at will, and they varied the light on and off. It turns out that optimists were overco...
Cedric Stout
Public Records in Bergen County, NJ
Hi guys, I've made two attempts to retrieve public records lists of probate, delinquent tax, code violations, and inheritances from my county (Bergen County, NJ). After been given the run around, i have been told that...
Aaron Boatman
Rate of Return Calculations Question
Here is some background. I want to purchase a property, rehab it then do a cash out refi for 80%LTV which will easily pay off all debts and myself back. When working my ROI Math how does one factor a cash out refi i...