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I have a question regarding property managers. Is it abnormal for them to do a 2-minute analysis of whether they're willing to manage a property and give an estimated rent potential when shot an address?I'm dealing w...
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Im taking my real estate classes now and going over Cap rate right now and I really want to make sure I have a good grasp on how to figure Cap rates. I'm still a little confused about it. Do you use gross or net amoun...
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I am currently preparing to put in an offer for a 3-family property in a highly desirable neighborhood in Brooklyn, NY. Based on my numbers, the property will have a slight negative cashflow for the first 3-4 years, ...
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Recently filed... I have three Luxury rental properties that we’ve paid roughly 30k in interest and another 24k in taxes on... my tax guy said he didn’t need the statements because it no longer makes a difference for ...
My husband and I are looking for to buy our first property, and we are looking for a multifamily in South Pasadena, CA. Most of the buildings aren't in good shape and the prices are crazy high. I was wondering if anyo...
Hey guys,My partner and I were having a conversation about which approach is better: either buying a rental property or building a complex with the same amount of capital e.g $500,000.To me, the analysis makes more se...
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Hey BP, I have been learning about marketing for deals (intend to wholesale most and rehab a few) from here and and from Terry. Recently at a REI meeting, a realtor put a different perspective I didn't think of. ...
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My business partner and I began REI about 6 months ago. The way the partnership works is he supplies the investment capital, money, and I do all of the acquisition and property management. Our strategy is simply buy...
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O.K. You finally get to the point where you make enough "passive income" where can quit you J.O.B. You find a great multi-family property, make an offer that gets accepted and it goes to contract. You have a bunch ...
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Hello all,I am glad I found this site and will be here and on youtube reading/listening/watching and gathering as much information as I can to prepare to make the move to get started. However, just as I start to make ...