Benjamin Haberman
First flip
Closed on house yesterday. Single family-4 bed , 2 bath.Paid $127Rehab budgeted- $30 kList price- $249,950Day one- Ripped up all carpet, tack board, base board, kitchen laminant/cabinets out. Sub floors have areas th...
Christopher Perez
Real Estate & Lending Go Hand and Hand..same language not so much
Terms in CRE lending that everyone should know...Adjustable Rate Mortgage: Mortgage where the interest rate adjusts periodically up or down through a set index. Also called a floating rate mortgage.Adjusted Gross Inco...
Al Williamson
If Steve Jobs was a Landlord - iHousing
PDAs weren't good enough for Mr. Jobs, he had to go create an iPhone (which many of us now can't live without). He was relentless about trying to give the user the best possible experience. I wonder how he would reinv...
Marcello Di Gerlando
How would you leverage a 100k cash and a fully paid off 400K house to build wealth in this economy?
How would you leverage a 100k cash and a fully paid off 400K house to build wealth in this economy? …and no current debt.
I am interested in diving into the multifamily market. I’m a newbie and plan on making my first...
Jenny F.
The evolving small business...in a credit desolate America
With all of the economic chaos and so many struggling, how are you, as small business owners, making changes to your businesses to ride the tide?
My 2009 business cut back plan is simple...
1- My lease ran out on my ...
DongHui Patel
Cap Rates at 3%, Interest Rates at 0% (Libor), worth investing?
Syndicates are paying at 3% cap for properties, they are paying interest on the property at 4ish % including buying caps etc.
For cash flows- if your debt is at 4.5% and your cap is at 3%, youre negatively leveraged....
Kyle Mitchell
Did we hit our business plan?
What metrics do you use to determine if you have fully executed your business plan when exiting a syndication? IRR, Cash on Cash, equity multiple, sales price per door? Or all of the above? I am in a situation curr...
Loren Thomas
Painted Countertops - Success!
The wife and I recently painted our kitchen countertops. We both think it came out great, at the very least much much better than the laminate look we had before. Painting the countertops could be a very economical wa...
Mike Neubauer
Website Booking plugin for STR that works with Airbnb/VRBO, etc.
Aloha everyone,We have a couple STRs here in Maui. I've been working on a website where I'd like to be able to offer booking directly, instead of sending someone to Airbnb, VRBO, etc. We are using Wordpress (DIVI) to...
Mark Forest
Subject to ?
I know the legal definition of taking a property “subject to” is that I would take over the payments of the mortgagor. I would not be liable if I could no longer make those payments.
How do the mechanics of this wor...