Brittaney Woods
When Figuring Out an Offer to the Seller
Ok, from my understanding it is necessary to use the tax assessed value to help make an offer to the buyer. But I was told by another wholesaler that the assessed value can sometimes be wrong and the house may be wort...
Shawn Singh
Novice trying to figure out where to start.
Hello, I'm a 21yr old rookie, ignorant to the nuances of real estate investing and really, life in general. However I'm naïve and passionate enough to believe I can make a career out of real estate investing. With tha...
John Woodhouse
I GOT LUCKY! FIGURED I'D REGRET THIS DECISION!
Boy oh boy, I figured I'd regret this decision! I had some tenants which agreed to sign a lease 15 days early (to cut the difference between me having it vacant and them not being able to move in till 15 days after si...
Ernie G.
Figuring out my value add with existing tenant
Hello everyone, I have a situation where I bought a property in Oklahoma with a combination shop/apartment. The apartment is rented for $500 a month, and the shop is vacant. I think together it could bring around $1,8...
Mary Jay
Depreciation Calculations-please help to figure it out
Hey guys,
I feel like Ive always struggled with depreciation concept...
So, Ive been googling it, and here is what I found:
Let’s say you buy a single-family home for $200,000. The tax assessor’s estimate of the la...
Tom Donnelly
Seller Won't Provide Payoff Figure to Title Company
First, I am anticipating this scenario, it hasn't actually happened yet. I purchased a house 18 months ago with seller financing and theres a 24 month balloon. I have a buyer for the property now. Based on emails with...
Paul Witte
Calculating a figure for "cash for keys" offer
I am in the due diligence period of property--a duplex to use as a buy and hold rental--with closing scheduled on 9/30. The biggest issue I'm struggling with is a tenant who has been in one unit since March and is $2...
Dave Pricken
Refinancing Multiple Rentals with only Income/Expense Figures
Hi, I hope this is the right forum.We have a total of 14 properties / 36 units with great cash flow in Upstate NY that we've owned for almost a year now. We'd like to refi with only the information about the propertie...
Bijan B.
Leaving 6 Figure Corporate Job For Property Manager
I currently work as a manager at a large accounting firm specifically doing IT auditing, but have been looking into making a switch full time to real estate. My dad has a couple commercial and residential properties ...
Alex Tenenbaum
Help Figuring Out Value (NOI w/ Taxes? CAM?)
Hi,
I've been going around in circles and can't seem to figure this out.
For NOI do you include taxes or you don't?
Also since the property is NNN and CAM charges get reimbursed, do I include them or not in my NOI...