Hey guys,
I feel like Ive always struggled with depreciation concept...
So, Ive been googling it, and here is what I found:
Let’s say you buy a single-family home for $200,000. The tax assessor’s estimate of the la...
I have 2 4 plexes under contract and both buildings have the same address. Do I value them based off the Income or Sales comp? The 4 plexes are set up like townhomes. The agent said the unIts can be sold individually...
Hey Everyone! So I keep telling myself every year that I’m going to tighten up on becoming more financially organized, which includes allocating my income into a structure/strategy/system that will be the smartest for...
Real estate deal structures can get more advanced the more someone invests, generally there are 3 terms that all investors should understand before investing. Those 3 terms are: Preferred equity / returns, waterfall d...
or just any secondary loan. How does the lender benefit from a 2nd mortgage? A higher interest rate? Is that it? From what I understand with a subordinate mortgage there is no room for any collateral for any loan ...
This is basically an information gathering post, some things I've been turning over in my head. I've got a few clients considering new construction and I've connected with an architect/builder firm so I have a good f...
Hi, I'm a new member in the NYC area looking to gain insight on how to structure my first purchase with a friend/investor.I've heard the pros and cons for LLC's, being that they provide limited liability and pass-thro...
Anybody have a sample hard money contract: note / deed of trust they can send me? Just for curiosity sake - how things are structured.Thanks!
I currently have (1) rental property. It was my primary property for (3) years. It is a condo which is currently appraised for 80k and I owe 55k ( 15 year mortgage @ 3%). I have a great tenant who is going to sign ano...
I have the opportunity to convert a garage into an ADU (accessory dwelling unit) which I can then rent out for about 1k/ month. How do I go about working that in to my ARV? There are almost no comps and all of the rea...