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Chapter 11, "Hone Your Skills" section has this practice question: "What is the IRR of an investment that costs $75,000 up front, earns you $22,000 per year for four years, and then generates $115,000 at sale?" I put ...
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Happy new year everyone! As of November, our group has rented out our 2nd buy and hold investment in Pennsylvania. It's 8 of us and we decided to put funds together, very minimal, to test out the market out there. Sin...
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Can someone tell me what happens when a mortgagor files bankruptcy before a foreclosure auction takes place. Is the mortgage wiped out? What generally happens to the property securing the loan?Thank you
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Would you rent to a prospective tenant who is in Chapter 13 bankruptcy if they pay for full year up front?Thanks!
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Notice to Readers:"Emerging Trends in Real Estate® is a trends and forecast publication now in its 37th edition, and is one of the most highly regarded and widely read forecast reports in the real estate industry. Eme...
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In my many years of buying and selling loans, I have found that the due diligence process is like opening a new book to reveal the story and it’s many chapters.Let me explain...after I’ve completed my due diligence, w...
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I have a lot of people reaching out to me that have paid for the Armando Montelongo course. They know a good amount about analyzing properties and even have some good calculators that they may have paid for dearly. I...
Hello everyone. My fiancé and I are considering uprooting from our home in Reno, NV because the market here is out of control. We have discussed finding a double/ duplex and having the tenant help cover (hopefully ent...
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My name is John Gerst and I live in San Antonio with my wife and two daughters. I recently retired from military service after 30 years and am looking forward to the next chapter. When I started in the military back...
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Any suggestions on any great books on Negotiating and Marketing Techniques? I definitely need to grow in these areas.