Using Round numbers Selling condo without realtor for $444,000 bought it at $144,000, $44,000 improvements, no mortgage, lived in first 5 years, rental for last 29 years.1) In order to have zero tax liability on gains...
I am a newbie wholesaler I haven't even done my first deal and been doing some research on wholesaling for a little while I am figuring how this works and I read that there's two different ways so far. One I have foun...
Who is right, my GC or my agent?...
My wife and I are finishing the conversion of a SFH into a duplex in San Diego - primary residence on one side, rental unit on the other. We've passed final inspection and will be...
Can I obtain a line of credit on my half of a property? The property breaks down like this:We still owe about $55kNOI $15kApprox value @ 9% CAP $165kApprox. $110k in equity copmbined or $55k eachThat NOI is subtractin...
Hi, I am a new investor and am looking into starting with wholesale deal. I'm making up a buyers list and I am not sure how much I should be making per deal. Can you please assist me? To clarify what is a fare % shou...
I have found a great wholesale opportunity for a tear down and am not sure what fees to add to my numbers. Rehab fees just use the 70% rule. Is there a specific rule for new builds?
Where can I find good REI spreadsheets for my MFH? Not only will having a cohesive spreadsheet help me keep track of of income and expenses on a monthly basis, it will also help me gauge the profitability of my invest...
Looks for advice and direction on the best way to value my piece of property that now has preliminary approval for 50 residential units in White Salmon, WA, a fairly rural area.
So I made 5 offers in the last 2 weeks - several that were listed on the mls and several dealing directly with the seller. I determined the ARV, used the 70% rule and subtracted the repairs. I was outbid on every de...
Greetings! :)In regards to estimating ARV, how do you calculate the adjustment amount to compare properties. For example if a comp has one more room, bathroom, garage space how do I know how much to add or subtract fr...