TJ Woolum
Cap Rate Confusion
Can someone please help me understand cap rates? For some reason I can't wrap my head around it. I understand the mathematical equation... that's easy enough. Cap = NOI / Property Value. NOI is pretty straight for...
Gigi H.
Quickbooks or other easy accounting software?
Hi. Could someone give me their experience with Quickbooks, Quicken, or any other accounting software? My rental property is small and doesn't generate too much income, but I have expenses that I need organized. An...
Ace Goodrich
Sending Potential Property Manager Rental Property Questions
Hey Forum, hope you're well.There's a decent property that's caught my eye in Ft Lauderdale, FL -- Riverside Park to be precise. The property already has a TIP tenant in place and on a lease until next April 2023.This...
Kyle Ropelato
Cash-on-Cash vs. IRR
I'm new to BP and REI in general. I've been an agent for over a year in Utah and now looking to get some rental properties. I am reading a lot of books and watching a lot of webinars. A lot of investors talk about the...
Marc Belisle
Start an LLC? New to real estate investment
Hello all,My wife and I have decided to put our first home together up for rent as we are closing on our new home. The first home is under my name only. Now that it will be an investment property, I'd like to look at ...
Dan Marro
hard money lending Q's
Hey guys, question about hard money quote, please advise:My quote for a loan of ~ $168,000, my first flip9.5% interest rate (I understand)Closing Costs- 1.5% Origination Fee (I understand)- $1,495 flat rate Processin...
R.J. Petrillo
A Luxury Townhouse on Long Island in a sorta house hack.
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $345,000
Cash invested: $69,000
Fiance & I are looking for a place to move into before the wedding, but didn't ...
Doug R.
Yellow Letters
Do "Yellow Letters" have to be yellow paper with red ink hand written messages to the seller to ensure a call back?
Casey Botts
How to buy 2nd home?
Hi, I currently live in Novato, CA where we bought a home 3 years ago that has gone up quite a bit in value. I have no experience in real estate. We are considering renting it out and moving out of state for a year to...
Mark Hamblin
Property taxes catching up to a sales price on apartment building
Looking for some help from Chicago / Cook County multifamily investors, regarding a property tax question. It seems property tax calculations there aren't nearly as straightforward as in other markets... Free high f...