Andrew Taylor
How often do you actually LOSE money on a flip?
Doing a little soul searching on a long road trip this weekend, and it occurs to me that I'm afraid of failing at flipping houses. My question is, should I be afraid of actually losing money? Or should I be afraid of ...
M A.
How to find the ARV of a multi-family
Hi all
I was wondering how to find the ARV of a multifamily that needs repositioning!
I want to make offers between 50% - 70% of ARV but I have no idea what the ARV will be. I understand cap rates, GRM and all that...
Timothy Christian Jr
Determining if your Cap Rate is good or bad
I determined the cap rate for this duplex in Greenwood, Indiana, earlier today, and it was a 7 cap in a B class neighborhood. How can I calculate my market cap rate (CR) with this data? How can I determine if a deal i...
Kim Hopkins
How To Write LOI that Holds Seller to Cap Rate
Hello! We have a great prospective property we're looking at. The broker OM says they're selling it at a 7.5% cap rate and $5.7m purchase price. Based on our experience, We are pretty sure their expenses are understat...
Corby Goade
Non owner occupied HELOCs in Texas
Does anyone know of a bank that will do a HELOC on a non-owner occupied property in Texas? Thanks in advance!
Mark Vivanco
Central Florida Home Insurance Rates High During Hurricane Season
I am searching for Home Insurance right now. Since I will be fixing up the home for a few months, I am getting the quote as a 2nd Home. The home is a townhouse. I've received 2 quotes so far. 1 for around $1350 an...
Garrett Hilseth
BPO(s)
The real estate industry swings up and down so frequently these days. How do you know if you're getting a good deal? I've seen many supposed "deals" go wrong because investors don't want to look into value deeper.
A...
Evan Kummer
First Deal
Hello,I am currently in the midst of the first real estate deal. I have a property that the current assessed value is 168,000, and they are asking 144,000. I want to wholesale this deal by offering 135k and assigning ...
Jimmy Lieu
Does the HELOC debt acceleration method actually work?
Hi,
I just watched The Kwak Brother's video on the HELOC debt acceleration strategy which they claim it can pay off your mortgage in 5-7 years. Does anyone know if it actually works?
I am planning on doing around 5%...
Shulem Deen
Newbie Q: analysis for fix and flip
Hi all -- I'm new to real estate investing, but looking to get into SFR fix-and-flip. (I'm in NYC, and looking at properties in Hudson Valley and Upstate.) I'm hitting a big stumbling block, though, and wondering if a...