I am sure this question has been asked 1,000 times so if someone wants to direct me in the right place, I would be very appreciative.
In my town, a normal Cash on cash return is around 6-7% if you are paying ...
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This has been coming up more and more as I continue my wholesale journey. I heard from my appraiser today that in michigan you need a realtor license if you sell more than 5 homes in a month. I asked where she heard a...
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In my market (Denver metro) properties are pricey and the amount of money that could be saved on interest for a 15 year vs 30 year mortgage is significant. I am thinking that properties here would be best utilized by...
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I am missing an understanding or a step in the simple calculation of finding how much ROI I get for my cash with regards to notes.
This is my simple process, which seems to give me whack return figures.
Monthly paym...
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I have uploaded a file that you might find useful. This is similar to my BRRR Calculator but trimmed down due to notes being a little more straight forward (at least from a variable/output perspective). I have certain...
Good Morning Everyone,
I currently have 3 mortgages and I am wondering if I should payoff one first or get a fourth one. I wish to increase my rental properties portfolio. I occupy one and two are rentals.
#1- Mortg...
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I am a newbie investor and I have a seller finance deal in the works that’s looking really well, I was wondering how do you make the monthly payments? (Principal,interest, taxes, and insurance) Usually with traditiona...
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How does capital gains tax work for a land contract sale?
If a property was purchased say at $50,000 and then sold via land contract at $ 90,000, assuming everything simple, and there is a capital gain of $40,000.
...
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I currently am using property managers from my rental properties. One property manager told me that he would send me the signed lease of the tenant that passes his screening process. I asked if I could see the applica...
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Hi Guys,
I am doing a financial review of my rental homes and would like to measure the performance of my homes. I do the following .
1. Get all rents for 2021 and subtract the expenses which are Principal, Taxes, I...