In this industry, there is a lot of incentive to bend the truth, some say dont say x to the lender.. and if something happens dont say y to the insurer. When it comes to raising capital, appear this way, speak that w...
So I'm 25 now, and I have a very serious girlfriend who, in the next year or two, may become my fiancee, and I want to make sure that we're both taken care of. My income is about $35.5K per year. (She makes about 42K ...
Howdy gents. With my history of rental properties I occasionally toy with the idea of getting into commercial rental property(apartments). I can see some pros/cons about making the jump, so I just haven't really tri...
Tracking your net worth as a real estate investor can help you make informed financial decisions. It will help you clearly understand your current financial position to see if you are reaching your goals. It can also ...
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...
Purchase price - $255,000Expected rehab - $80,000Expected ARV - $425,000Actual rehab/carrying costs - $155,000Actual sell price - $525,000Profit - $76,400Time to complete – 7 months to get on market, 9 months to close...
I generally run under the assumption that most investors here (those that do rehabs)... either do the rehab entirely or partly themselves to save on cost, or do the deal finding themselves, so as to save on wholesaler...
Second post. Learned a lot from the first post I did yesterday:). I put a house in a very good location under contract for 83K. Inspection revealed tons of major issues in the crawl space (flooding etc) and renovation...
Hello- I am new to landlording. I have tenants who just moved into my condo and are requesting compensation for: (1) repainting (I had to repaint a wall in a different color than they originally saw when I took down...
Would you ever put an offer on a property with out looking at it if it cashed flowed $1400 a months ? Here is the situation, the property would cash flow about 1400 a month.. tenants are not letting anyone view the pr...