Good day everyone!I am this close to attracting investors but I am curious; how do you structure your investor financing?Do you pay out 8% of x amount every year for 5 years? Do you pay 8% compounded monthly over 3 ye...
Hi I'm new to real estate and I just learned about private investing. While it seems like a quick way to fund projects, I do not understand how the loans can be paid off unless you are strictly flipping the house. For...
How do you take into consideration damage,tenets leaving, repairs, etc, what is the math you would estimate. Ex: you have a 6 plex all of them rented out total at $900 monthly, mortgage is $4,000. Can someone explain ...
So, I have a 10-acre property in Blairsville that I bought to do a rehab on the existing home and build two modern ADUs to create a STR compound. The problem is the rehab is way more work than anticipated (termite da...
I noticed when googling "how to convert annual interest rate to monthly" it consistently gives the wrong answer. Dividing your annual interest rate by 12 ignores what Einstein described as the most powerful force in t...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $280,000
Cash invested: $580,000
We purchase a family compound with 5 houses on the property. One is our pr...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $600,000
Cash invested: $680,000
We purchased a family compound with 5 houses on the property. One is our...
Hey guys, the market that I'm focusing on (metro Detroit, MI), is full of houses that have either fully plaster walls or walls that have a plaster veneer on them. I plan on doing a lot of the cosmetic renovations myse...
Has anyone ever tried this and had any success or failure? Thanks
Hello, my project is calculating a monthly irr = 13.87% and an annual irr = 14.77%. Can someone tell me if these two should equal the same value?