Jared Smith
Analyzing a deal on my first rental
Would love some feedback on a property I just put an offer on:$130000 price tagPutting 25% downTaxes are $1676Has an adjacent dwelling on it so the total gross rent income is $1450Property Manager is charging me 10%. ...
Kristopher Kyzar
[Calc Review] Help me analyze this deal
I'm looking at this potential investment in a Duplex. It also has room for improvement in forced appreciation as well as income.View report
*This link comes directly from our calculators, ...
Jarid T. Sox
Tear apart my initial estimating strategy. Help me learn please
This is a bit of a dual post between a new member introduction and starting out. My name is Jarid Sox. I am currently active duty in the USMC but will be transitioning out within the next several months. I have been l...
Joshua Lidberg
Maximizing FHA loan profit.
Since you are able to carry only 1 FHA loan at a time, I thought that it would be reasonable to maximize its potential. I will briefly describe what I am referring to. Through an FHA loan, you are permitted to purchas...
Account Closed
Direct Mail - Follow-up on lead that I will not make an offer on?
Hi Everyone:I have been receiving some leads in response to my direct mail campaign for vacant land. As important as it might be to know what a GOOD deal looks like, I would bet dollars to doughnuts that it is just a...
Curtis Bowery
Is this a good investment?
I am new to the business. I have an opportunity to buy two 10 year old rental houses for $110,000 each. They both appraised for $145,000. They were constructed with 30 year roofs and are solid homes. The renters in th...
James Findley
Cash out refinance then later possible 1031 exchange
I bought a SFR a couple of years ago for $140,000 with a mortgage, and after fixing up the house, moving out and converting it to a rental, I now have about about $200,000 in equity. Can I take a cash out refinance n...
Tanya Brown
Please help me analyze this property
Hello,I am reworking the numbers on this one. It is a 5-plex and rents are below market value. Owner is currently paying water, sewer and garbage, but I excluded those expenses and instead will make that a fee for the...
Charlie John
Monetizing seller leads? Offer to fix their house?
Quick background on me: I have been marketing to a custom driving for dollars list for the last 12 months and have only bought and sold 1 property. My goal here is to wholesale and fix and flip. I have gotten great re...
Millard Wilson
First timer!!!
Hi, I have been looking to get into real estate for quite some time now and i think this is the year for me.. my goal is to make this a full time job so i can walk away from my 9to5 five job. But i do need some good a...