I am trying to make sure I don't pass on a deal because of it not meeting certain metrics.Is cash on cash return and CAP rate really important for someone who plans to buy/hold/rent (long term) plain jane, blue color,...
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After my side lining injury. I was wrapping my head around what it is to analyze financially a multi family 5 or more units and the process beginning to end. First Book CRE FOR DUMMIES by Peter HarrisSo walking into t...
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As winter approached, we all know about all the phone calls we get from tenants that the heat is not heating up the apartment enough, not to mention the big percentage of them that when we come to check it out the win...
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Hello All,
I am trying to purchase my first rental and I was hoping to place the rental into an LLC after I bought it. I would be buying it and then changing it over later to the LLC. I was just informed that this do...
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I wanted to see what strategies people have had success with in terms of buying properties in very competitive markets? I'm in the Bay Area which is arguably the hottest market in the entire country.Even off-market de...
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Hello All:I just purchased a 4-plex which has washer/dryer hook ups in each unit. I was speaking with a colleague about his rentals and he told me "I got some advice a long time ago that said, never install washer/dr...
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Good evening everyone. Hope all is well. In NEW YORK STATE, what is it called when u “Take Over Payments/Existing Mortgage”? Land Contract, installment agreement etc....? Also are mortgages assumable in New York? Anyo...
I forget-How is commission split again if a broker completes a deal together with their colleague/associate broker and say one broker has a commission split at 65% and the other is at 70%?..
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I’m planning on to flip a house later this year. When I profit from a flip I know I have to pay the capital gains, is the tax paid at closing? Or do I pay the capital gains when I do my taxes next year?
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I started to invest in multi-family out of state about 2 years ago. Currently owns three properties(two deals) with partners and other investors. I am also a full-time software engineer and love building software. So ...