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I'm closing in on my first REI deal, and I think I found myself a doozy.Sales price $2.6m20% DP = $520kClosing Costs = ~$39kLoan Amount = $2.119mGSI = $385,095Gross Income = $365,840Expenses = $140,778NOI = $225,062CA...
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Hi, I'm under contract for my first property, a 4-plex. I received loan estimates from 3 different companies (30 yr conventional). Two of them are in contention. 1 has a lower rate by 0.25% and the other has closin...
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I'm considering transitioning to full time flipping/investing, starting with about $500k of capital in Seattle. I'm looking for feedback and input as to possible approaches. As a quick background I'm a mechanical engi...
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This is my second rehabbed property, which was just completed today (and listed today). So, the jury is still out on whether or not this can officially be considered a success story. Let me know what you think.I pur...
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Hey guys, I'm based in a very recreation-heavy area in Central Oregon. We already have a saltwater high-end hot tub and are also considering getting a sauna. Any strong opinions on the idea of getting a sauna? Smart ...
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Most leases I've seen have a "grace period," rent is due on the first, but a late fee is not assessed until the 3rd or the 5th. We've had this in our leases and it has not served us well, and to be honest, we have inc...
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Hello all,
I currently have sufficient income through my small business, good savings, but lack of taxable income and credit due to being self employed (taking deductions) and being 19 (lack of credit history...
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Hi everyone, last night I spent an hour watching Rob Swanson’sMasterclass: The One Call CloseLearn the One Call Close and close more seller leads into profit.watching Rob Swanson’s webinar called: Although I know that...
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I was wondering if anyone knew of any Social Media Marketing courses out there that would teach how to market on those platforms from scratch.
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Would you ever pay over appraisal price for a turnkey investment property? This is apparently not uncommon in the turnkey investing space. I wont name the company I'm working with, because I do respect them, and beli...