I’ve spent a lot of time reading lately. I’m familiar with the 50% rule and the 70% rules of thumb. I’m looking for both a property to flip and a property for cash flow. I feel more confident in buying a rental proper...
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Quick question. My buyer wants to see my purchase and sale agreement I have with the seller. Is this normal? My concern is that he'll see how much Im making on the deal and lower his offer. Thx🏡
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I came up with a new way to quickly evaluate if a deal will cashflow.I call it the 10% Rule: if annual gross revenue is at least 10% of the financed amount (after putting 25% down) then it’ll most likely cashflow.For ...
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My partner, who is a dentist, and I acquired out first commercial multifamily back in February. I have been intrigued by the possibilities of cost segregation to increase depreciation and insure that we offset our inc...
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If you are researching for a property out of state or looking to buy a turnkey property, Roofstock offers multiple reasons to buy a property on their website because of its investor friendly features. Below are some o...
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I am currently house hacking a 4-unit but I plan on moving out and renting out my apartment to maximize cash flow. For some reason it feels wrong to pay rent in my next move but it is what makes sense for me going for...
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When I decided to find a new real estate accounting software platform in the fall and finally untangle myself from the nightmare of Quickbooks, I had no idea it would take me this long or be this complicated. You can ...
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Is anyone having to show prof of funds for every offer u submit? How is your agent making you propose a bid? Are agent wants us to show prof of funds for every bid . It's this common ?
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How many hours a week does everyone spend solely on real estate?
What does the breakdown of that time look like? (ie 80% marketing, 20% follow up, etc)
Are you working more or less as you find success in real esta...
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Divorced situation.
Husband and wife are owners on record.
House on short sale subject to bank approval.
LA is asking contract to say it is contingent on husband signing quit claim feed.
But...