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Results (1993)
Nic S. Why are Pro Formas so misleading?
5 July 2021 | 15 replies

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...

Samuel Ksiazkieicz Short Sale Question...haha
31 January 2010 | 4 replies

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...

Paul Cox NewAirBnB Commitment message
22 May 2020 | 13 replies

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...

Jeremy Ferguson Not another question about the 70% rule...
2 February 2015 | 10 replies

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...

Sean Price This is supposed to be a good deal, but the numbers don't work
15 July 2015 | 7 replies

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...

Don Konipol When to Consider Syndicating Your Deals
22 August 2022 | 2 replies

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...

Miki Smith Financing for BEGINNER in Iowa
2 January 2022 | 6 replies

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...

Adam Dow Financial Analysis on a 12 unit building-- need help
12 June 2017 | 11 replies

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...

Sylvester Szmejda Cash out refi short term rental
9 September 2021 | 11 replies

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...

Scott Nidell A newbie walks into a county auction...
10 October 2018 | 6 replies

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 ...