Maybe this is more a vent session but being a new investor I'm shocked that Pro Formas are as misleading as they are.I'm dealing with sellers who are selling to investors but their Pro Formas are written as if they we...
Figured I might as well make one of these since we have about 5 others with the same name.
I am missing something in the short sale process. Looking at the banks short sale package, they want an offer or purchase ag...
Hey All,When I just logged into AirBnB, it gave me the following Pop-Up message before it would let me get to my account:Please take a moment to read this
We’re asking all hosts to confirm their commitment to welcomi...
I am very familiar with how the 70% rule works and have read several posts about other variations of the rule. My question is for you other wholesalers out there.. When you are estimating your repair costs what are yo...
I found this 6 unit multifamily. Here are the numbers:Monthly income: $5450Yearly income: $65,400Total reported expenses: $22,900 for the yearNOI: $42,510. He is asking $425,000 for the property which puts it rig...
I was asked a few years ago to help a well known crowd funding/syndication site move into commercial property notes and equity. The company/platform was a “player” in the residential investment arena, but had only do...
First, please forgive me for beginner mistakes and for any forum faux pas I make. I welcome correction. I know I can learn quickly. We are buying our second property. The first property is a condo we bought in April,2...
Hi everyone, I am running some numbers on a nice 12 unit building in my area. The current owner hires a property manager and pays 5% of gross rents plus rent finder's fee and a few other variable fees. The seller keep...
Hey guys,I am new to the forum and I am currently a new Short Term Rental investor as well. I have just started my 1st STR and it’s going great, even better than I expected. I’m looking to do a cash out refi because I...
A few months ago I decided to go to an auction at our local county courthouse. I looked up the listings on our county's Trustee sales list. I looked up a large amount of the properties on Trulia for crime, Zillow for ...