Brian Keeler
Demographics Northeastern states. Mass Exodus to the South?
I live in the New York metro area and I was looking to start investing relatively close to home (400 mile radius.) Generally speaking I am looking to start out with around a 20 unit property at an 8-10 cap. While I a...
Kyle O.
Seller Financing Issue
Hello Everyone, I am a long time reader. I recently created or updated my account, so now I am back! I recently sold a large parcel of land in the beginning of March. Do to this virus stuff, I guess the title company ...
Corey Davis
How much is an insurance quote worth?
I'm looking at a property fsbo, where the owner is claiming a value of 280k, based on the safeco insurance replacement value of his property. Owner is asking 160k, and I intend to rehab and sell for 225/235k if th...
Jorge Garifuna
How do you identify tenants with similar payments in multi-family
Short version:How some of you identify deposits of payments made by tenants that pay the same rent amount and do not necessarily indicate their names or unit number in the bank deposit slip?Long version:We currently h...
Shawn Abe
Phoenix Real Estate Outlook
Hello all,I'm evaluating a few different places to invest in real estate and Phoenix is one of them. I know it's a been a hot place to invest the last decade or so and wanted to hear the thoughts of those investing/li...
Jorge Abreu
Last Week Review - Economy, Multifamily, Rents, Employment & More
QUICK REVIEW OF HOW THINGS STOOD AS OF LAST WEEK. Covering the Economy, Multifamily Real Estate, Rent Collections, Employment, Interest Rates & Stocks.ECONOMY:Staggering Rise in Unemployment
The official unempl...
Nixon Vayupak
Creative Finance Deal Need some options
BP family I wanted to run this by all of you and please tell me what you think. I have a seller, who will be selling their mother's house since she will be going into a nursing home. The money gain for selling th...
Tucker Walser
Determining ARV of residential multi family properties
Hello!
I understand that when determining the ARV of a prospective property comps play an essential role, however in some markets determining the ARV of a residential multi family property has been a challenge for me...
Kyle Mccaw
Rental Property Investment Trends in 2019
As an investor, you know that real estate offers the opportunity to create investment income, build equity, and diversify your portfolio. But, the market is never stagnant. Keeping up with the latest rental property...
Brandon Paul
Issuing 1099's for Vendors
When do you need to issue a 1099 to a vendor?After contacting several tax accountants for an answer to this question, as well as an IRS agent, the answer provided was the same:You must issue a 1099 to all vendors you ...