I recently sent out some direct mail letters and received a few calls while away from the phone. Two of them did not leave a message, but I saw the missed calls on the Caller ID. Do you call them back or just place ...
I am trying to learn and understand... someone told me that its not just size of the home or level of the flip that determines profit, and that in some markets, what is considered a typical profit is 300k based on the...
I gotta ask. Why in the world do all these goofy commercial lenders use DSCR calculations as part of their guidelines yet so many of them calculate it differently?Why don't the moronic lenders just change the dscr num...
Scenario:House is worth $65,000. (BPO)Homeowner has a 1st for $58,000 and a 2nd for $15,000. (CLTV 112%)Purchased the NPN 2nd for $2,000She is behind on both her 1st and her 2nd by about 30 days now. The homeowner ...
Has anyone investing with Cardone Capital? If so, what has your experience been? Or if you have any feedback related, would be greatly appreciated. Thanks :)
I'm a first-time home buyer from Southern California interested in buying a duplex. I'm a registered nurse a year fresh out of college and I want to buy a duplex with intent living in one and renting out the other. I ...
When calculating cash flow, you hear a lot about how much you should budget for various reserves (7% for vacancy, 10% for property management, 5% for cap ex, etc. etc.). My understanding is that you're calculating a p...
Hi,I’m a Red Raider alumni looking to get into rental property investing in Lubbock, TX. Why LBK? I live in Dallas and the pricing in LBK is way more affordable than the DFW area. I also like the stability of the LBK ...
So here is a 6 units building, 1/1, very strong rental area in Sunnyvale, CA. heart of the Silicon Valley. Low cap rate but let me know if this make any sense. Deal is offered at $888k. Market comps shows that similar...
Can anyone share info on purchasing a Multi-Family unit out of state?