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Hi all, just closed on my first property last month and have been tracking all associates expenses in excel. Have been reading the Tax Strategies for Savvy RE Investor book and they recommend using Quickbooks Pro. Was...
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I came across a concern today about a bank being able to call on a commercial loan whenever they want. Is this possible?
If so what can you do to prevent this from happening if you don't have the cash to pay?
What a...
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Hello Everyone,We were working on my job site last week on a commercial unit I acquired (1st one) and a potential renter saw us and is very interested in renting. They have a smaller unit in the office park. Mine is 2...
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I'm looking to whole sale this property btw
I'm gonna ask all the serious questions tomorrow some things I'm thinking ill need if I need to meet the seller..
-comp. sales (any recommendations on where to get these ...
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Hi I'm just wondering if you should get a house inspected always BEFORE you make an offer to the seller. Just today I talked to a guy who's selling his house FSBO and I asked him if he gotten the house inspected. He d...
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How do you wholesalers estimate your rehab cost when running your initial numbers? I have a formula that I've been looking at that vaguely estimates depending on square footage and what kind of rehab is needed, but I ...
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I'm working on a short with BOA via equator. When I enter in the bid amount, it instantly tells me that the offer is to low compared to their perceived value. I have no clue where they get their values, but regardle...
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Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $1,015,000
Cash invested: $450,000
My partners and I just closed on 6 more units in Worcester MA! We found a ...
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Good Morning, I have a question about when to sell. My husband and I have five SFH with a few paid off. When do you decide to sell vs buy and hold? We have a house we paid 85k, put in 10k, and have had it rented for 8...
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As per my last couple posts, I describe my goals and plan of action here. I am tracking my journey on here as I go to keep myself accountable (feel free to call me out). In summary, I wanted to analyze markets while ...