Ezra Shami
What to do about closing costs?
Hi everyone, this is just a general question that Id like input from people who have done this plenty of times. What should I do in regards to closing costs? I dont really understand them or how to pay them. When the ...
Rey Delgado
Direct Mailing Advice....
I have about 350.00 I can spend a month on marketing, I have read recent blog post so I have an idea who to market to. I'm interested in hearing where is the best place to find a mailing list..? How much should I expe...
Marc Shin
How to prove that an activity performed was "material participation" in real estate
Hello. I'm going to keep track of my real estate activities in management of an STR, and will track the activities using an activity log. My question is - how do I prove in the time log that I performed a particular ...
Bob Galivan
Rethinking Vacancy Rate
Just about every ROI analysis I see includes a "vacancy rate" factor that is used to "adjust" gross annual income as an accurate representation of the rent that the investment can be expected to throw off each year. T...
Account Closed
Correctly rejecting a tenant for a previous eviction
What is the correct procedure for rejecting a tenant's appliction for a previous eviction (California)?Suppose that a tenant fills out a rental application. The rental application states that the tenant has never been...
Paul Dashevsky
ADU & Garage Conversion in Los Angeles - for investors
I just wrote a blog about the financial metrics/returns of building ADUs in Los Angeles & Southern California...thought I would share some of my findings:
The cost of an ADU will depend on a few factors including...
Marty Gold
How do I calculate my ROI?
Please assume this hypothetical:I find a property for $200,000.I get a mortgage for this property and put down 10 ($20,000). The property earns a net profit of $2,000 per year. What is my ROI?Is my ROI 1%? (200,000/...
Jim Workman
How to export Buildium transactions to Excel
My property manager uses Buildium. I have asked for a CSV file of all transactions so I can easily import them into my bookkeeping. The best he has been able to do is to export a report in xls format. With some man...
Account Closed
Should an investment real estate analysis contain the tax deduction??
Hi. I have modified the BP investing spreadsheet to calculate Cap Rate. I was going to add a line for the deprection deduction and cash benefit assuming 28% tax rate. I started thinking that at the end of the inves...
Jason Duncan
How do you split a deal?
I am partnering on a deal for a fourplex; my partner is providing all the funding, I found the deal, I’m closing the deal as our agent, and I am managing the rehab then the property/tenants. We have agreed to a 50/50...