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Hey Folks,I hope everyone's weekend has kicked off with a bang (or a hammock)! I have an employee here in the restaurant I run. He is 19. He is one of the hardest working 19 year olds I have ever met (when he wants ...
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Hey everyone! New to RE investing from NYC here. I've been planning to invest for a few years, but have not been in a financial situation to do so until now. I work in software sales and recently purchased a primary r...
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Hello, my name is Jake and I am eager to start my real estate journey. I just sold my old place and bought a new one in Yorktown, IN. My goal is to have more financial freedom for myself and to provide a better future...
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Today I met with a charming and intelligent lady at her sisters house. Her sister recently passed away and she is the sole heir and executor of the estate. We visited and talked for two hours at which point she ag...
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newbie question
What is IRR?
How is it calculated? Do you guys use it?
Matt
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I just completed my first 3 family purchase with a mortgage broker my real estate agent recommended. I was frustrated with all the financial documents they needed to see. Here I am putting down 25% of my money, have ...
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Hey everyone. I'm about to close a deal and assign it to a buyer. The spread is very large and I heard in Washington state it's illegal to double close. Is that true? Please write me back because this deal needs to cl...
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Good Morning Everyone,I'm currently evaluating a potential purchase of a portfolio of vacation rental units all of which reside on the same property (single owner). What are some of the things I'll need to consider w...
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I would like to know everyone's opinions on the scenario below.You want to get a mortgage for 650k, one bank quotes you with an interest rate of x basis points over the FHLB 5 year rate, and the other bank's rate is ...
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I currently have some capital to my name and am trying to reallocate my funds to start a real estate portfolio. I'm a one income household and am looking build a solid foundation for my family before I take on more r...