Hi, I am screening a potential tenant who owns his own Drywall company (in a verified LLC). He does not have paystubs but has provided the last two years of bank statements for me to verify his income. His income ...
So im looking at an automotive garage in pa and Im the winning bidder, I did do a quick lien search and 2 mortgages did show up. The first for 58k which was issues in Oct of 1985 and the second in feb of 1989 for 40k....
How do you assess and manage risk when financing a large-scale fix-and-flip project? Any particular strategies or tools that have helped you make better decisions?"
Great podcast.
Ankit described using equalized values during the due diligence period. I am not familiar with this term. What are equalized values and how are they used in the analysis?
Thanks,
Wm
Hey guys,I'm currently looking at some 4plexes that are part of an HOA. What are the pros and cons of doing that? I feel like your ability to add value or raise rents would be limited by the other units within that sa...
Hi, I was analyzing a potential real estate property. The ROI is anywhere from 15-22% depending on how low I can get the purchase price. Cash flow is ~$350 a monthly but it doesn't meet the 2% rule (it's at 1.50%). So...
Ok, I found this 14 acre property in NC (FSBO) heirs looking to sell. Home needs updating and decluttering. Currently, has livestock on property that is "mowing the lawn" for a price. Looked up tax record found ass...
Cash returns have two distinct aspects that are intertwined.1️⃣ The ability of the asset to generate free cash flows (Operating Income) 🔼2️⃣ The amount of cash available to investors ➡ Operating Profit ...
I met with a motivated seller wanting to sell off all 12 of her rental properties. Her husband recently passed away and he ran the rentals. She is overwhelmed and wants to sell. She said she owes approx. 300K on th...
Hi BP,Has anyone purchased a house with an existing spill violation for an underground oil tank?I have a potential house with an underground oil tank that was previously tested and failed by a potential buyer. That bu...