Christopher Holt
Best Use Of Time: Activate RE License or Start Pressure Washing?
Hey guys, I graduated recently, so I have more time to devote to getting into my first deal (a triplex or fourplex that I will live in). I'm working full time at a property management company to save money and have a ...
Lyle M Smith
Finally found off market duplex! Help me get it!
Hi All - hoping I can brain storm with some of you more experienced investors and creative financing connoisseurs.I found a duplex outside of Philly. Really nice older, retired gentleman. Had a good conversation with ...
David Stone
Method for tracking income/expenses
Hi, I was wondering what people used to track the income, expenses, late fees, etc for their rental properties. I have 5 units currently and am using a word document I created to track everything, but it is getting q...
Nathan DeJonge
Notary Loan Signing Agent
After just completing my first refinancing deal (32% forced appreciation on a one-year live in flip), I have become aware of the loan signing agent profession. During my signing appointment my agent was shocked with m...
Mike Tikh
Is real estate investment as simple as it seems?
It seems to me that if you find the right combination of rental income (1%+ monthly) / cash paid, it's very hard not to make money.
Example: an $80,000 property, 25% down at 4.5%, and rented at $900/month.
You inve...
Frandizon John Reyes
Debt to income ratio when you have rental properties
How do you calculate debt to income ratio when you have rental property? Are we using gross rental incomes or net? I own two 3-unit buildings in the Chicago area and live in one of the units. Total gross rental income...
Account Closed
Which software are you using?
Hello fellow investors
I've been looking into software and was wondering about REI Pro has anyone else tried this software ? or has another software suggestion
Joseph Roberson
What would your 500K strategy be?
This question is for RE Investment Veterans. If you had 500K what would your strategy be knowing now what maybe you didn't at the beginning of your career. My goal is to get financial freedom as quickly as possible....
Kheri Mourad
Can't stop thinking about rental properties
So I'm at this new job today, and everything is being thrown at me. 401k saving, dental, vision etc... Anyways throughout the 8 hrs shift I could not focus on the task at hand but rather having rental properties. I fe...
Nick Scalero
Self-Directed IRA questions
I'm considering a self-directed IRA but have a few questions.
First, If I purchase a house outright how do I calculate ROI? Is it simply (Monthly Income - Expenses) * 12 / Purchase Price?
Second, since I pay Taxes,...