Account Closed
best no-nonsense books on flipping
so many of the books I come across are more like a Tony Robbins course. They are full of positive thinking, take action mantras, and arguing why you should like real estate. Well, I'm already convinced about real...
Account Closed
Should I sell my rental property?
Quick Background: I am 21. My sister and I inherited a house when we were very young. We have been managing it since I was 18. The house is valued at $850,000. There is no mortgage. Our current tenants are paying $3,1...
Cristobal Sanchez
Refinance Investment Property
I own a property (condo) with an estimated value of about $425KI currently own to the bank (Mortgage) $265K and therefore my equity is about $160K. My mortgage + Principal + Insurance + Taxes & Condo fees = $2,14...
Chris Penny
Using a Real Estate Consultant
Hi, all. I am wondering if anyone has ever used a consultant to review a deal before you pulled the trigger. I have been reading about Certified Commercial Investment Members, but most appear to be brokers. I don't...
Larry Bly
Deal analysis for Industrial Condo, advice appreciated.
Hello,I have the possibility of investing in an industrial condo located in Florida. Running the numbers it seems OK but not great, I would like some input and opinions from more experienced investors. First of all ...
Raj Parwani
BRRRR refinance question
Need clarification on cash flow during refinance phase: Purchase 200k; initial down 40k; rehab cost 20k ; suppose ARV 250k; rent from unit $1400; so if I refinance then the amount I would want to take out would be the...
John Crawford DeBuys Freeman
Bad Credit Potentail Tenant
Just need some help with renting a house in a low income area. I've got a potential tenant that has a credit score of 563. They currently owe around $5,000 to various companies. They do make 3x rent as far as income a...
Christopher J Lemmon
Duplex purchase advice-- would you take this deal?
Feedback welcome on this: Price $91,725Units: 2 Rents: $1425Taxes: $1496Insurance: $731/annual Type: Attached duplex, brick construction Class C to D neighborhoodFinance: 25% Downpayment, $22,931. Loan, $68,794. Mortg...
Theron Hollar
Inherited property options
Greetings!I’ve inherited a 1900sqft 4/1/1 in Crossnore, NC on 3 acres of land. The house needs more work done to it than any comps would place the valuation at ( ~300k work/comps range around 250).my question is does ...
Cyprian B.
San Antonio Property with foundation issues
Good Evening everyone,We're looking at a property in central San Antonio, TX and we are on contract now in the option period.The property has a CAP rate of 9%. Cash flow / initial investment of : 13.86%I'm including i...