Harvey Yergin IV
Private Money Mechanics
Background: I'm new to private money as an investor and want to make sure I understand the mechanics so I can build reliable models. Here's an example deal:I purchase a property for $235,000 and expect $50,000 in repa...
Patrick M.
How Much Would You Pay for This Duplex?
I'm looking at a duplex in a college town. The unit was built in 1962 and has two 1BR/1BA units about 600 sq feet each that show their age. If I took the duplex up to the prevailing new/fancy standard for rehabs in to...
Patrick Squires
Thoughts on Goverment Rental Property Inspections
Our rental is in Waterford MI and after the housing crash Waterford created a "Rental Property Annual Operating Fee" of $50.00-$25.00 a unit for all SFH & Apartments (high density per building is less but still $2...
Nicholas Moffett
BARE BONES NUMBERS ---- WHAT WOULD GET YOU TO INVEST ?
I pose this question to EXPERIENCED multi family unit buyers. 2-3-4-5-6-7-8- Plex units. WHAT ARE THE BARE BONES RETURNS YOU NEED TO INVEST ?For Example. Lets say your going to buy a 4-Plex for 120k and it needs 20k ...
Michael V
New credit card
I need a new credit card. The one I have right now is not reporting the maximum limit and wont do so for at least a year (as per their customer service department). I would like to have a card that has no annual fee a...
Jose Sandoval
First property rented. Now what?
I just signed a one year lease on my first rental property. Should I save the income for future expenses aka reserves or reinvest?
Brandon Fischer
tax consequences with inheriting income properties
Hi everyone, I hope this is the right place for this question, I found a few posts somewhat similar but I'm still a little unsure. I recently started a RE holding LLC with my brother because my grandmother is giving...
Henry Lazerow
National Association of Realtors expects 8% increase in 2021
Interesting..."WASHINGTON (December 10, 2020) – Expect the post-pandemic economic rebound, improving job conditions and stable interest rates to continue in 2021, according to a survey of more than 20 top U.S. economi...
Scott Blackwill
Multi-Family Syndication Investing to Financial Freedom
How much per year would I need to invest in Multi-Family Syndications to reach $20,000/mo on an assumed 7% COC return in 10 - 12 years? I know there are opportunities to refinance, equity splits, and reinvesting all ...
Kathryn Bangs
Financial calculation for rate of return
How do I calculate my real rate of return if I buy a $43k deed of trust for $40k that pays interest of 8% and matures in 43 days?I know calculation for annual rate of return but, my $ are invested shorter term and I’m...