Michael Sherwood
deal analysis help
Guys,I have done many deals but this one I am not exactly sure how to get it to work out for everyone.I know someone who bought a property for 115k originally . The market has turned and they can't get that much now. ...
Dave Petes
Commercial Construction Financing and Land Equity
I’m in the middle of completing construction documents and wanted some input regarding capital planning before reaching out to lenders again. Preliminary history: Land originally bought vacant and with no entitlements...
Tim Silvers
SERIES LLC FOR FLIPS?
I am familiar with the series LLC, having used it before for rental property, but what about for quick flips in which the hold time may be only 30 days or less & you're doing volume? Yes, you pay a one-time forma...
Deanna Daily
Closing a wholesale deal - Cash on first deal or fund with second deal?
I am new to investing and looking to wholesale some properties in the San Antonio area of Texas. When closing the A-B transaction do you need to bring money to the table only to be paid back with the B-C transaction? ...
Troy B.
One Year Leases With Break Out Clause Wording?
I have 12 rentals and I have always done 3 month leases, which then turn into month to month leases. While my apartments are well maintained and reasonably prices, there still seems to be a lot of tenants that shop ar...
Account Closed
Newbie Psychologist/Football Coach from Los Angeles
Salutations! I'm a football coaching school psychologist, born and raised in sunny Los Angeles. 27, fresh out of grad school, and ready to get rich quick... just kidding! I have always been fascinated by real estate ...
Gitit Hefetz
Not active real estate agent- making my fist deal
Hello, Im a non active real estate agent- never closed a deal. Im looking to buy my first home in Sacramento. Would it be wise of me to try join an office just so I can get commission for buying my own home? Is there ...
Valerie King
Typical Rental Property Expenses
My goal is to start with a duplex and have it financed through an FHA loan. Having money saved for the down payment is obviously a first step. But what do you recommend I have saved in addition to that? What list of f...
Billl D.
Renter asking to Sub Lease
Hello, I have a tenant that is asking me if he can sub lease a room or two in the house he is leasing from me. He has been a good solid tenant in fact he was the previous owner that we purchased the house from and he ...
Antonio Montgomery
Calculating ROI rent before rennovations
Current P&I $841.44 + Taxes/Ins $310 =1,151.60My realtor ran a Market Analysis, Real AVM came in at 176,150, Real AVM range $156,774-195,527Using Standard .80-1.1% of home value to determine rental at min of .80 I...