Tommy Sowell
Cash out and improvement should equal out?
I'm doing a 1031 exchange from San Diego to Hawaii and I need a little cash to fix my new properties. If I take $5k cash out of the exchange and spend $5k on improvement on new property would the $5k income from the ...
Ethan Clay Lesperance
After Repair Value equals Return On Investment
Investment Info:
Single-family residence private money loan investment.
Purchase price: $140,000
Cash invested: $140,000
ARV 375,000...currently making monthly interest only payments to investor...us...
Ryan Whitelaw
Two borrowers, two properties each, equals 4 properties???
Hi All. First post for me.
My business partner and I purchased a rental 9 months ago with all cash. Now we're looking to do a cash out refi to purchase another property, but our mortgage broker informed us that o...
Mark S.
The Great Equalizer for Texas? Property Tax Assessments
As an active investor in the DFW area, mostly Collin, Dallas, and Grayson counties I am often asked if we are in a bubble. My answer is no, at least at the moment. The reason I say this is my day job is a mortgage l...
Chris Pochari
Net worth must be equal to loan amount?
Hi guys I'm new here but I've been puzzled over this question for a while. If commercial mortgages require that the investor have a net worth equal to or greater than the loan amount than isn't the idea of a 30% downp...
Tyco Bronye
Lack of communication equals your own wasted time
Agents, feel free to educate your first time home buyer about how the business works while your driving around with a client in your passenger seat. This is just a story about how an agent wasted A LOT of his ti...
Phil Capron
82 Unit: Big Problems Can Equal Big Returns
Investment Info:
Large multi-family (5+ units) buy & hold investment in Richmond.
Purchase price: $2,450,000
Cash invested: $700,000
82 C class multifamily units, 2 buildings
64 unit: 2 bed 1 bat...
Randy Smith
All Investments Are Not Created Equal – Important Metrics
You’ll find very quickly that there are about as many types of metrics to measure the returns of an investment as there are investment opportunities available to you. It’s important to know what the metrics are telli...
Colleen F.
Equality and fairness in tenant charges for apartments
Getting ready for renewals in a MF and since the apartments aren't equal and the lengths of tenancy aren't equal the rents also are not equal. Do you normally try to equal out all the rents or are you comfortable wi...
Cal C.
Monthly pest control treatment equals monthly rental inspection
I was interviewing a new PM for some properties in another part of GA. He mentioned that he pays a one woman pest control company $30 bucks a month to go in and spray all of the rentals he manages. Of course she con...