Any recommendation on any books, articles or blog about how to run a small business? I understand the basics, however I want to make sure I am doing everything correctly. For example starting payroll, filling W-9 for ...
Cost segregation can be a complicated topic, but I tried to break it down and make it easy to understand!Here is a newly created resource on BiggerPockets, which touches out cost segregation, accelerated depreciation,...
Hi everyone,I've just had an offer accepted for a short sale, which doesn't work as rental, but could work as a flip if the numbers are right on the comps.How are comps usually run, do they go on the price per sqft on...
Hello all!I am currently a sophomore in college going for a double major in accounting and finance. I recently discovered the "real estate realm" and I am incredibly interested and fascinated. My question is there any...
1. Let's say I sell a house for and clear 100k. Can I 1031 Exchange into 4 houses with 20% down? (I just mean the legal side of things. Not asking about the financing side of things). 2. Can I take the entire 100k and...
Let's compare a simple wholesaler's deal to to the same deal as an exchangor:
ARV is 200k,
Repairs are 30k,
As is value 150k,
Purchase price is 70% of ARV minus repairs and 10k assignment fee so 100k.
Wholesaler ass...
Recently my wife and I had a discussion about wholesaling. She asked me why would anyone want to wholesale there house when they could sell it thereselves for more money. I tried to explain why they may want to wholes...
Trying to determine the best way to value a mobile home park. Cap rate or income? Or any other options.
There was a great article in here a few years ago but was hoping to get prospective from someone doing it, to...
Seattle-based investor here looking to cautiously dip my toes into Memphis. Memphis keeps coming up as an incredible place to invest, but caution is required as neighborhoods can change street by street.I have found ...
I'll give you some averages I was told and please tell me if any of them are incorrect of if I'm missing anything.
Example property value: $100,000
1. Down payment - 20% of purchase + 4-5k in closing costs = $25,00...