Hey everyone. I'm based in Los Angeles and I'm new to wholesaling. I'm finding it hard to build relationships with buyers. I've been sending them deals and getting no response. Is it because of COVID-19? I thought at ...
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If one lives in Los Angeles and is planning on buying property in state and out of state Ex: Ohio, North Carolina, Florida, (just to name a few). Do I start my LLC in California then use it to buy out of state in thos...
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Hello Everyone - I am moving forward on the Inspection of a property I am interested in. Would someone with experience be willing to advise me on how the numbers are looking on my evaluation spreadsheet?
I've created...
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Hey all, I've identified a property I like. I'm in Utah, property is in Michigan. I have a couple of questions.I'm assuming I'll have to obtain financing from a bank in Michigan? I'm still forming my team, so I don't ...
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Hey Guys!So i was using an excel spreadsheet to analyze a property that I may purchase this Fall. However, I noticed there was a cell labeled "depreciation" which always comes out as a loss. I tried to research what t...
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Hello, we are currently doing approx 40 properties each year and having a hard time keeping up with all of the paperwork. We were filing our transactions by each property and putting all information pertaining to the...
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I'm underwriting a deal right now, trying to determine a generic rule of thumb people use for expenses. The deal includes: - Four 4-plex's totaling 16 units- 100% occupied (although I like running my numbers at 89%)- ...
Purchased for 105k on 8-20-13.
Sold for 521k on 2-28-14
Home is 2608 heated sq ft, 4 beds, 3 baths.
Went a little longer than I wanted (don't they all). Had another spec home closing the last day...
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Hello BP, fellow investor located in LA looking for good multi family deals. I have a question. Can't one look at average cap rates across the country and make a pretty good decision on where they should invest? Cap ...
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Hi,I have been recently approached by a company that makes place mats for a local popular restaurant. Basically they will could place an add about 3 x 3 inches on 20,000 place mats for about $400. I would make a pro...