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Hey everyone,
I was working on my spreadsheet and I was looking at ROI, and I wanted to understand it fully. So I understand that ROI is your profit (income-mortgage-expenses) divides by total initial investment (may...
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This is an attempt to answer that question, I know a LOT of people have been confused by this.
Consider the below fake rate sheet. Y is a high rate, W is a low rate, X.00% is the prevailing "par" rate. I can't put A...
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Ill give you short story of how I made $40,000 (in equity) with a Facebook post. I made a post a few weeks back that said " Bring me and off market deal and if I buy it I will pay you a $500 finders fee." My inbox s...
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Looking to start tracking our spending and investments and I’ve heard a lot about online aggregators in order to track all expenses and income under one system. I am curious if anyone has looked into, used or heard a...
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Hey all!
I’m have my first house built in Portsmouth VA and will be renting out two of rooms in a 3 bed 3.5 bath townhome. I’m a new landlord so I don’t know where to start. I was told about this group through the ...
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I am new in REI and just bought my first rental property which was a duplex. I am thinking of scaling up right away while I still have the momentum behind me. I work full time and my wife is stay at home mom and the g...
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Hi all,I am in discussions with a 17 office commercial property owner that is looking to sell. All 17 offices are rented and he's clearing 250k in profit on it per year. Do I valuate this the same as a rental property...
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Hey Guys, I have seen some people using a document that is about three to five pages long that lists every potential expense for a potential investment property. The one I most recently saw would automatically perform...
We just began our yellow letter campaign and we got a call back from a man with 42 acres. He wants to sell the whole 42 acres at once. We are thinking there is a way to wholesale it to a builder or something similar, ...
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This is a general question for those with more accounting experience.I am trying to build a "rental resume" before sitting down with local banks and I am wanting to include a profit and loss summary for each of my ren...