Arthur D.
market value vs effective market value
just wondering what is the difference? In simple terms.
To which one should I apply 70% rule?
Thanks, Arthur
David D'Ambrosio
Multi-property 1031 exchange
Can someone give me some guidance about what happens after the 1031 exchange is completed and you subsequently sell the house? In this case, I sold one home and exchanged it for 8. I am now thinking about selling on...
Alexander Kneefel
Submetering Utilities in Louisville; 12 units - Help?
Hello, any recommendations or other help would be appreciated. Currently, have a contract to purchase 12 units in Louisville, KY. Current owner pays for water and electricity. And I live out of state. Does anyone have...
Jesus Mendez
Looking to fund our first investment property!
What are you suggestions using a heloc to purchase our first investment property? Is it better to use all equity to toward the total price or just use it as a downpayment? Any thoughts or suggestions would be great. T...
Ashley Pitre
how to owner finance my property
Ok I need your help !!!I own 6 acres w/ a new manufactured home all paid for!!I am considering dividing the property and OWNER FINANCING 2 acres and the housebut, I don't know how, what, when, where ...LOLmy questio...
Samuel Fletcher Hardy
Small Multi-family Utilities!
Hey guys, I am a new land lord house hacking a triplex. How should we handle the utilities? we are all on separate power meters but the rest is all combined to include a dumpster. Can I have all utilities in my name a...
Ambrose Brooks
Undivided Land Question
Got a 2 acre lot under contract but according to the seller the land is undivided with a larger 12 acre lot. When I look-up the tax info his name comes up as the owner and it's free and clear. Has anyone ever had an i...
Account Closed
Cap Rate and Gross Rent Multiplier
I've been trying to get a hold of all the necessary REI jargon and am doing okay (I think), but am somewhat confused by two terms: Cap Rate and Gross Rent Multiplier? Are they the same thing?
Jeff Prather
Large properties and estimating expenses and Capex
I have an opportunity on a Quad in a very desirable neighborhood of Nashville, TN. The asking price is $600,000 and rents are $6,000. A question for investors who have experience in more expensive properties with high...
Sam Waddell
Cap Rate Issues
I am having trouble getting brokers in my area to provide a cap rate for the applicable market (i.e., a rate based on comparable sales in the area). Instead, the brokers provide a rate based on the seller's estimated...