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Jumping off from another thread where a young man is facing negativity and hate from his lefty friends over his decision to become a landlord. Landlords get a negative reputation and backlash constantly, I rarely see ...
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There are a lot of moving parts when purchasing a rental property. A good real estate professional who is familiar with the area will be able to help you navigate through this list. Why did I create this list? A few...
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Hello,
My friend is looking to buy property and I told him I'd ask for him. How difficult is it to re-finance at the end of a hard money loan(interest only, 6 months)? He might be paying 34 to 50% cash, the rest a lo...
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Can someone break down what the purchase price of a home is?A) If a house cost 325000 and I go get a loan from the back for that much, is that the purchase price? B) Is the purchase price the cost of the home after th...
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Hello All -
I am at a crossroads and wanted to get your opinions…
My situation: I graduated 3 years ago with $65,000 in student loan debt and have since narrowed that down to $35,000. I'm sick and tired...
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Hey BP,Thanks for taking the time to read. Newbie here with only two properties, primary and one accidental rental. Just got off the phone with an owner looking to sell his mothers place. Knowing she was moving ...
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I am reading a book by a well-known author right now and he has some disparaging remarks for yield measurements for real estate investing. I tend to agree with him given that most real estate activities carry a huge ...
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As my partners and I begin to find some great rehab deals, it has become apparent that we need to begin to develop a system to accurately and easily complete our rehabs.
I am thinking we need to develop a system that...
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Hey all, first real post here.I have been looking at units with my broker and trying to analyse every property I can get specs on. The majority of them look similar to the following:Number of doors: 2Total Rent per mo...
Ok, for wholesale deals I was taught to use the formula Arv x .5 minus my fee (5k min) and minus repairs = Max allowable offer I can make on a property. Right? Ok. I go into Propstream pro and I find a property. - The...