Newer to real estate investing. May have an option to buy numerous, sub divided single family home lots within established town. Will have chance to almost pre buy before they really hit the market. Thinking of buying...
Okay so I have the basic wholesaling steps down.
1.Find a Property
2.Put it under contract using a PSA
3.Get it inspected
4.Get rehab estimate
5.Calculate the gross income (rent)
6.Calculate the PITI
7.Get the estima...
I just wanted to see how everyone else stays organized with supplies and paper work.
Do you digitalize all your paperwork? leases/apps/sec 8 papers etc..
Where do you keep it all? file cabinet? Safe?
Where and how ...
The following scenario is a hypothetical but fairly close to the real life situation I’m in. I’ve simplified things in the scenario for clarity.Five years ago, two others and I formed an LLC to purchase a multi-housin...
I have come across a property 1.24 acre with a house that may or may not be worth saving. My area is expensive in land and construction. This is a highly valued location and a 1/10 to a 1/4 acre lot goes for 2-300k. K...
Hi folks, I've been studying the BRRRR method and would love to run this hypothetical analysis with you to make sure there's nothing I'm missing, especially with the added complexity with using a HML.POTENTIAL CONCERN...
Hello, I owned a house in San Diego. I hacked the house a few years ago to help with mortgage payments. I turn one side of the house into a studio, that shares a wall with the main house, it has a separate entryway. C...
Forewarning I may be over complicating things.
At this point I'm simply theorizing, I have yet to see the property in question. I had someone reach out to me to see if I was interested in buying a property delinquent...
Hey BiggerPockets Family,
I'm diving into a new venture in San Diego and could use your expertise on the financial setup. Here's the breakdown of our project:Acquisition Cost: $1MBuild-Out Expense: $1MFinancing Overh...
Does anybody know the correct way to calculate this ratio? I have seen two ways on the internet.House Value $200K and monthly Rent is $900 - This is an example1. Monthly rent 900/ 200,000 = 0.005 Ideal valuation measu...