Can anyone share their Economic Model for a flipping business? To clarify....if you made $1mil in revenue, and $400K in profit for the year, the 60% in expenses would be broken down by what? I'm guessing it would lo...
I'm a Short Term Rental Investor with no commercial real estate experience.Looking at an RV Storage Facility and hoping to get some help with how to analyze/underwrite. I have List Price, Insurance, Taxes, Utilities &...
Hello,
My wife and I have recently purchased our first property, and started our LLC. We have been using our own money to upgrade the property to increase its value. But this limits the amount we can put toward purc...
Imagine a town with only one house and one bank. The bank makes a loan for $250,000 on a house in 2000 at 5% interest. Now by 2006 the house value has risen to $400,000. If the house is sold the bank naturally wants t...
Hey Everyone,I am looking for feedback from those who have scaled a short term rental business. 20+ Airbnbs. questions:-what does your team look like?-how often do you do a “market survey” to check other properties?-h...
Hey y'all, my wife and I are looking at our first commercial purchase (a five apartment building). The lender we're working with asked us for a pro forma mortgage. I've done this in residential, but I'm unfamiliar wit...
What is your honest opinion on eXp Realty? If it’s bad, why do you think is bad? Has anybody try the brokerage and then leave because it didn’t was as expected? If it’s a bad idea to join eXp, which one should I join ...
Hi,I'm curious about ways to get a property for a new business I started. The business doesn't have any revenue as of yet since it just started. I also don't want to use my personal credit at all. How can I get proper...
I am trying to help out a friend of mine finding a loan for his business (and myself).
This is his situation:
He is a hard money lender. Specifically, he is a General Partner in a LP company with $11m of pure equi...
When rates were low, I know properties were trading up to a 10x multiple for gross rental income around here.Does anyone know what is actually selling and at what multiple and are there still cash buyers with over a m...