Account Closed
Computing ROI when offering seller financing
I am terrible at understanding ROI. In my bottom-line thinking, there's either profit or there is not. Assuming I'm using my own funds, I understnd there's ROI when I buy and sell, but how do I figure ROI when I add...
Cheryl Bolognese
building a cash buyers list for vacant lots and acreage
What's YOUR favorite way to build a cash buyers list for vacant lots and acreage?Most of my buyers, so far, are interested in single family homes or multi-family. However, during my research in Florida, I find much m...
Josiah Halverson
What license and insurance documentation do I need to verify when hiring a tradesman?
I am new to rehabbing and haven't done any yet, but before I do my first single family home I would like to understand licenses and insurance better. Assume I want to rely on the hired help to manage as much of the...
Tanner K.
Tax benefits of using seller financing
What are some of the benefits for the SELLER when using seller financing? I am in Minnesota and I’m trying to buy a rental property using contract for deed. I want to know all the benefits to the seller. How can the s...
Kyle Doney
Contractors Charging Fees to Pull Permits
I have some work needing done that requires permits and the contractors aren't licensed in the city where the permit is needed. They want me to pay their license fee and a fee for pulling the permits and putting their...
Forrest Brown
Hold and Rent OR Sell and Invest Out of State
Hey Everyone! Here is the lowdown:Purchased an investment single family home 2bed/1bath in North Park that was well under market value due to repairs needed and being built in 1928. Purchase Price: $585k with a $100k ...
Meg K.
What would you do????
I know most people on the forums are well established financially and have real estate acumen, so please bear with me and be gentle ;)I have lived in an owner-occupied duplex (top/bottom) for 12 years now occupying th...
Cesar Saenz
Why does my quick and dirty rehab estimate not work?
I estimated a $20 per square foot reno on a 936 sq ft home. Isn't this supposed to include things like windows, doors, cabinets, bath, drywall etc. I thought the average for estimating was somewhere between $8-!5 doll...
Steven Straughn
Buying a home with a solar lease agreement?
I am in escrow on a property that has a solar lease agreement in place with a company called SunRun. The property was foreclosed, so the agreement appears to be null and void, though we have the option of assuming the...
Brett Sayers
Does Everybody Need Help With Quickbooks Like I do?
Hello all. I'm not sure if I am doing this right or not. I purchased QB Desktop last month to convert my 6 spreadsheet rental property tracking system to one program. I have never used any accounting software before a...