Kevin Branin
Getting Creative on Finance for a Condo
A co-worker has a condo he is renting that he wants to get rid of. There is still some owed on the mortgage. What are my financing options here? The value of condo is @ 200k,HOA fees 231/moRent $1450It's not lookin...
Martin Silva
First flip house. What numbers sre important?
I want to summarize what i need. I just need a list of all the important numbers to keep in mind analizing deals
Bob Okenwa
Recommended Brokers To Hang License
Hi all,I have just received my real estate license and I am looking for a broker in Phoenix with which to hang it. I plan to start out part time as I have a 9-5 that's easy and pays well and would like to keep all of ...
Aaron Saarela
What book keeping do you use.
Curious what other use for book keeping for their rentals.Do they use a program, employ a book keeper, or pen and paper? I am still trying to see what fits best with us.Currently we have 11 units to track but expandin...
Jon Klaus
Buying units in a condo complex
I am looking into the pros and cons of buying a number of units in a complex of about 200 units. I would only buy units if I could get them for <$30K, and average rent would be @$700/mo each. There is a HOA fee o...
Chris Winterhalter
Commercial loan market - 5 year balloons & interest rate risk
I wanted to expand on a topic that Joel Owens and I started to discuss on another thread. It relates to the loan offerings available from local/regional banks for commercial loans under 2MM. I know it has been di...
Account Closed
Know Your Rental Expenses to Ensure Healthy Cash Flow - Article
Being a landlord can be a lucrative proposition, but unforeseen expenditures can put a damper on profits if they aren't calculated into the rent beforehand. The reality is that the costs of a rental property extend fa...
John Siver
What is a good payment platform?
I am a new landlord, I have one investment property and I'm already getting sick of making a bunch of different payments on different days each month for the mortgage, utilities, and all the other monthly expenses for...
ROY NAGAL
Finding, using Residential Mortgage Loan Originatos for deals.
Roy Nagal of Vallejo, CA 94591. 12-29-16. When doing deals between the seller of SFRs and the buyer and me (the REI) . . . whether it is a Sub2, Option Assignment, Land Contract, Lease Option, AITD or Seller-Financing...
Phillip Scalise
Do tou pay monthly Lawyer/LLC fees?
Hey guys, I currently work with Royal Legal Solutions, out of Texas, to set up my LLCs and deed properties into them. I’m charged a monthly fee to “maintain” them and $550 to deed the properties into each LLC when I p...