Hey guys,Im not too familiar with auctions but I've been searching for some properties that are listed to go on auction in my area.The listings contain the overall price of the house and then it has an assessed value....
A lot of people ask me if it’s beneficial to do a cost segregation study on a single family home, the answer is yes! Determining exactly how beneficial is based on a multitude of factors, but a cost segregation stud...
alright i get a big kick out of watching flip this house and the likes.... I hope someone can explain this...
1)why would anyone pay $500K for a 2 bedroom house?
2)how can the average joe afford those houses?
I ju...
My first post! I'm a newbie looking for my first deal. I just started reading The Ultimate Beginners' Guide to Real Estate Investing and I ran across the explanation of the Real Estate Market Cycle. My question is, wh...
So imagine I have a generic property in a vacuum that I could finance in one of three ways (approximately):30 yr loan => +$1000 cash flow per year20 yr loan => Basically break even on cash flow15 yr loan => n...
I'm wondering how you tell if you have a good deal if it is financed using a VA home loan (0% down). The numbers are very different on a property that is 80% financed and 100% financed. Especially when multi family pr...
I'm taking @Brandon Turner advice to heart and I plan to analyze at least 3 deals a day or 90 deals a month. I have a spread sheet that I use to plug and chug. This book gave me the knowledge and background to underst...
two 2/1 units in hollywood, fl
Paid: 150k
Financed: 200k
Cash out at closing: 26k
Rent:31,200
Mortgage:1700/mo
Taxes:3,5k
Ins:1700
Vacancy: 1400
Maintenance: 1k
total: 7,600
Net profit: 23,600
23,600-31200= 5600
...
Does anyone have any thoughts on my current perspective: Properties have appreciated at a crazy rate in a short amount of time. Interest rates have since increased and may stay that way or go higher for the forseeable...
Can anyone give me the pros and cons of switching my 401K accounts into precious metals?