Alright BP and @Henry Clark. I could use some advice on how to lock this property down. I'll do my best to keep this succinct, but there are some topics that may need further explanation. Here's the scenario:
Motivat...
How are hard money deals structured currently?
When doing rental property calculators and writing a budget for monthly expenses there is the 50% rule that says expenses should be half of the monthly income, but is that true in all cases? Utilities can vary widely ...
Thinking about buying some newer build homes that are turn key for long term rentals. BUT if you’re not buying in all cash and going to finance it. How much do you think you need to make on top of the mortgage to make...
So here it is. I got a call from one of my direct mail sources from a lady selling her mom's duplex. We talked a bit and when she stated her price, I thought it was a good deal so I asked to meet with her. It turns ou...
Hello everyone,I am new to real estate and myself and father are new landlords also. We purchased a nice triplex and I am a bit concerned about having to pay for heat and hot water. At some point we will figure someth...
Hi Y'all!I'm creating a spread sheet today of all my past deals for future reference when dealing with bank and private lenders. A track record of sorts. Have this info so far.-property location-style (sfr, land, mfr,...
$75,000 house with 6.5% interest, 5% down. Assuming I can get $750 a month rent, what can I expect to:
1) receive in profit each month?
2) receive in profit each month after it is paid off?
I would have a property ...
Question for anyone with experience as a Real Estate CPA or attorney or partnership experience:
I am potentially looking into partnering in the future with another individual and forming an LLC to start investing in...
Greetings, I recently sold my first home last week using a realtor. The paperwork was completed, signed, notarized by both parties and I receive my wire transfer on Monday as the closing was on a Friday after hours. F...