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I have a real estate wholesaling coach that tells me that ROI return on investment is most important when gauging what price our buyers would buy at. The formula is
The Rent x 12years x .65 ...
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We're getting ready to list a property on AirBnB. We haven't bought a TV yet. Their cheap, but we're still trying to keep our costs down because of the renovations we've done. How essential are TVs in AirBnBs?
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My name is Brandon Kanakis-Pennell. I am from Richmond Virginia as you can see from the post subject. My experience in real estate has been literally investing in REITs, crowd funding loans, and purchasing my primary ...
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I have $340K left on my rental mortgage and I'm refinancing it now.Got 2 options:1). 30 years fixed at 3.70% or $1,565 monthly paymentOR2). 10 years interest only at 3.65% or $1,030 monthly payment.I have no W2, so re...
Tenant sent this today. Their rents is $950 each. There are two who live in our back units. This is a triplex, and I live in the front. They are asking for a 25,000 relocation fee. 90 day notice has been given for t...
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After reading "The Millionaire Real Estate Investor" the author was illustrating how the longer you have your property, the lower your % Return on Equity ((annual price appreciation + annual debt pay down + annual cas...
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Hey guys I'm buying a property in mid coast Maine. I currently own a property there which I've had for 15 years, but this time around the inspector is asking if I want to do a Randon air and water test. I had no idea ...
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There comes a time for many of us starting out, particularly in rehabs, where we wonder what exactly our contractor is doing; or where he is; or why he needs more money RIGHT NOW?! In fact, that time seems to come for...
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Just started a new RE company geared towards managing real estate investments for others. I’ve been a licensed agent for 8+ years and have managed rentals here and there on a smaller scale but now fully prepared to bu...
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I am not a flipper. I am not looking for massive cash flow. I want to buy SFH homes in B and C class neighborhoods in the cities that have the best chance for appreciation.
I live in an Eastern suburb of Cleveland. ...