Patrick Rowe
I have a question about analyzing a 8 plex
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...
Rashad S.
Financial Advisors For Entrepreneurs
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...
Mary Jay
Depreciation Calculations-please help to figure it out
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...
Justin Moy
Advanced Deal Structures All Passive Investors Should Know
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...
Benjamin Cowles
so how do you get funding for the down payment?
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 ...
Dillon Scott
Options for Partner Investing
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...
Russell Holmes
Anyone building new construction with tilt-wall?
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...
Adrian Chu
Sample Hard Money Contract / Deed of Trust?
Anybody have a sample hard money contract: note / deed of trust they can send me? Just for curiosity sake - how things are structured.Thanks!
Brook Bolger
How do you appraise an ADU (granny flat)
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...
Chris Lawrence
Buy & Hold Condo or Sell
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...