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Hello all, I am currently looking for a CPA in the Raleigh-Durham area who is investor friendly, and has tons of knowledge that is geared towards taxes and real estate. My current CPA does personal taxes, but doesn't ...
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Hello,We are trying to figure out on where to buy a property and rent out part of it to traveling nurse/MTR and if that doesn't workout revert to LTR. We have been seeing nicer homes around surrounding areas of Denver...
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I have heard some guys around my area that are offering lease to purchase options to their renters. I have done some digging on the process and what it entails. It seems too good to be true. Does anyone have any thoug...
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Hey folks. Ive ran through the forums to answer my question, went to google and youtube, and still no solid answer. Can some on please explain the main difference between a Lease Option and a Sandwich lease option. Th...
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Hello everyone,I recently started an Airbnb on February of this year, I have a 2000 mortgage payment and I am not sure how to calculate the amount that I should be charging per night. This Airbnb is located in Royal O...
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What are rates looking like for a typically hard money loan today? 10-15% ???? How many points are they usually charging too? When I underwrite properties I have been assuming they are charging 15% for the hard mone...
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Perhaps I am missing something glaring, but does this strategy work?
- Purchase preforeclosure or foreclosure for well under FMV using cash from a HML
- Give minor updates to the property, or simply turn around and...
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Hi everyoneTwo months ago I leased my townhouse to a tenant who was divorced or at least I thought so. Apparently she is right in the thick of it. Today I get a letter saying they are going to court to disperse money ...
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Here is a email my property manager sent me after I moved out saying we will be getting are deposit back. The next day day I get a phone call saying he has to get his painter over to repaint and the deposit will be ch...
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Price: $500k, Lots 24, 100% Occupied, 19 units park owned, all older units (70s-80s) .Gross income: $96000, Expenses $46k not including park management. So maybe knock off $10k per year which at a 10 cap would imply ...