Daniel Calderon
Buying a profitable lemon rental
I am buying an old house built in 1953 that has problems. The house is slightly settling in the back and the plumbing is "iffy". It's basically a lemon and if I get an inspection performed, it will not pass. That bein...
Account Closed
Profit Banks Hide from Borrowers
Service Release Premium (SRP)/ Overage
Profit Banks Hide from Borrowers
"Service Release Premium" (SRP) or "Overage" is profit that banks make when they sell a Borrower's...
David Levin
Reduced profits after Unit Rehab?
Hi All! If a unit in a multifamily apt building costs 10K to rehab, do we subtract that from quarterly profits to investors? How would that work if the reserves for the rehab came from one investor?
William Bratrud
Southern California $100K+ Profit flip
Investment Info:
Mobile home fix & flip investment.
Purchase price: $290,000
Cash invested: $90,000
Sale price: $523,000
We bought this property in really bad condition.... Rattlesnakes livin...
Penny Santa-Barbara
How to split Airbnb profits?
Hello,
I own a new 4 season trailer that sits on my 25 acre property. My sister is renting it out March 1st and will cover the loan payment plus heat/hydro. I'm not making anything extra, just have the opportunity to...
Andrew Gomez
Audited Profit and Loss Needed ?
I am currently trying to finish my application for my first House Hack; I currently own a trucking company in Texas. My current financial officer stated he needs an Audited profit and Loss for 2020 however that would ...
John Taboada
How to profit from leads
My company is moving 140 employees to the Orlando , Florida area and I wanted to see how I can profit from connecting those individuals to real estate agents in the area. They all will be looking for new homes and all...
Vayna Jerabek
Snohomish WA Flip: $100,000+ Profit
Investment Info:
Single-family residence fix & flip investment in Snohomish.
Purchase price: $170,000
Cash invested: $95,000
Sale price: $392,500
This home is on just over an acre, it sat off...
Jairo Paredes
Small profitable rental in NB
Investment Info:
Condo buy & hold investment in North Bergen.
Purchase price: $158,000
Cash invested: $50,000
1 bedroom condo in upper North Bergen. Tenant in place with good payment history. Ren...
Chris Holter
Best Profit and Loss Statement
Hello everyone. Started investing last year and have been fortunate to buy 3 houses in 12 months with 7 units total now. Tax season is upon us and wanted to optimize a P and L statement that works best and that you wo...