Hello,I originally bought a 1BD/1BA condo in downtown Long Beach on a VA loan, so it was quite easy for me to get my foot in that door. With 0 down, my monthly payments (with HOA) come out to around $2000. However, th...
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I am new to real estate investing. I've create a few reports with the rental property calculator and have received very high ROIs (e.g., 22%) and cash flow projections ($900 plus per month in net income). I utilized t...
I recently have found a property that looks very distressed and have located the owner's phone number on the web but I'm not sure what to say.
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So a gentleman got a hold of me last week about selling a house that was left to him and i got into the property and walked it with him. I made offer and him and his wife were happy about it and said they will get con...
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For any condo complex (say 30+ units) what is the difference in price for each of the condos in relation to where they are located within the condo building? I.e. Are units facing street and corner units worth more mo...
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I’m looking at a mobile home park and they provided the income statement. Based on the depreciation amount listed, I’m trying to determine how much the seller paid for the property.
Depreciation amount was $60k per y...
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Hey guys,I'm doing numbers on some properties and i know that most say to deduct 3% for vacancy. Where do you take that 3% from ? do i deduct the total annual rents? or monthly revenue coming from that specific proper...
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Should a new wholesaler target a seller's or buyer's market? Thoughts? Other important metro factors to consider?
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Do you prefer assignments or double closing? Why?
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Hi,
I am just starting out in REI. My strategy is to purchase, renovate, and rent through section 8. I have looked at 4 houses with my realtor. The houses' asking price range from $10k - $27.5k. I've placed a few of...