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I’m a first time buyer and wondering if the 1% rule is a good number just for starting out.My current private seller is offering $190k for a newly renovated home, all new appliances, heat pump, wiring, plumbing, and i...
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I am looking at buying a property in my market. It's just an efficiency condo and it's currently rented for $700 a month. Tenant in place through May 2021. I ran my calculations on it and if I purchase it and put 20% ...
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I would like input on the following question:As an apartment investor, if you were to spend $5,000 on upgrading an apartment unit.....How much of a rent increase is needed to provide your required return on investment...
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Hello,
My parents have a rental property for the past 10 years (purchased in 2010). They are wanting to sell it this year, but it is in a trust. They want to sell it for two townhomes where one will be paid off and o...
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What kind of forms do you use to show tour investors their return on investment ? How often do you pay out ? I have several people wanting to invest but I want to have a plan and be transparent.
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I have a renter who was at 1 of my rentals since June 2019.Deposit of $700 Rent of $800 all bills paid.After the first year I tried to get them to sign a contract for another year. The renter said they were planning ...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $107,000
Cash invested: $31,000
Sale price: $215,000
I finished this flip earlier this year and just now get...
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Hi, hoping someone may have the answer to this question. I have checkbook control of my 401k using an LLC. I understand from my custodian that if I need to make a purchase of any materials for a property owned by tha...
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Can someone break down cash on cash return to me? I've read a few books since I started getting into REI in November and have started analyzing properties. I'm a veteran and plan to use my VA loan or do a 3.5% FHA loa...
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I've heard some people who are flipping homes offering 20-25% return on money when looking for private money. How is that calculated? Are they figuring in points offered as well as the percentage rate on the loan? Tha...