I was reading a book about real estate development that basically says land cost should ideally be 15% of project cost. . I’m sure these numbers fluctuate based on location and the type of development being built. Can...
Hi folks. I have a HELOC in place, and I'll likely tap that line sooner or later. Just wondering if anybody here has noticed a negative fluctuation in his or her credit score as a result of establishing a HELOC and/or...
Hello, I am Martin. I am new to the real estate world. Which brings me to my question. What are REITS??To my basic understanding RIETS are like bonds that you invest in then slowly pay you back based on your initial i...
I’m looking to get a HELOC on my second home which I’ve only used for a few rentals, it’s basically our vacation home.
It’s in a trust there’s no mortgage value $650-$700 wanted to take out $150,000 for renovation a...
A applicant for one of our rental properties submitted her application and included under gross monthly income the mileage she receives from driving at her work. I'm unsure if I can include that in her monthly income ...
How can we say that the appreciation I am getting on a MF property is good enough to sell the property? This is important to consider as part of the exit strategy. Can we determine something like appreciation factor o...
I have witnessed countless individuals fall victim to the pitfalls of mental accounting when it comes to their property investments. I know wholesalers that have booked a vacation expecting an assignment fee only to b...
Hello, If I would like to rent my SFR for 1600 a month, the minimum requirement would be monthly gross income 3 X 1600 = 4,800. I'm assuming there's 160 work hours per month ( 4 weeks X 40 hours ).If they're making...
Sellers market, buyers market, market correction, etc. I am new to investing and have read several of these terms throughout this site and others regarding when to buy, when to hold, when to invest, when not to do any...
Hey everyone, I’m trying to learn how to analyze properties and part of that obviously involves using comp properties. My question is how do I adjust the price of a comp property based on its unique differences? For i...