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Hi all,I've been reading through Real Estate By The Numbers by J Scott and Dave Meyers. It's really thorough and a great read so far!I'm caught up on their breakdown of NOI. They say Net Income = Operating Income - Ta...
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Hi BP,I'm unsure of the affect a loan would have on an individual's net worth. One way to be considered an accredited investor is a net worth exceeding $1M, excluding primary residence. So, let's say an individual ...
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I own a building with another LLC as Tenants in Common. My LLC owns 70% and the other owner’s LLC owns 30% deeded as TIC. We have a loan of $1million and both LLCs named on the loan although it’s not specified 70/30 ...
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Hey all,Recently, I replied to a post asking folks whether they track their net worth. Personally, I do track my net worth. However, far more important to me are my financial projection models (which include projectio...
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I've read a lot about this, and know that HUD generally automatically accepts offers of 87-88% Anything lower is either countered or manually accepted later.Say the asking price is $100,000. Is the 87% rule as simpl...
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Is Charlestón, SC a good location for AIRBNB? Trying to decide where I should start my first Airbnb property with Rental Abritadge … I’m from Florida
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Hey BP fam, I am doing my first flip in NY and would love if you could share a SOW sheet that you have used. Thank you sooooo much