Aaron V.b
Rehab Materials
I know there was a thread started about materials but was never finished. I would like to know what materials are being used for rehabs. Last time i did i a rehab project was in 2000 and I would like to have a list o...
Rick Bassett
Arms length transaction question
I am setting up a LLC for property management. The LLC will manage my properties, which are single member LLC's as well as well as properties for other owners.
My plan is to have my property management LLC collect a ...
Greg P.
Agent charging 6.3% and 3,000 broker fee? Cmon..
I'm selling a house through this realtor because I wanted to return the favor for bringing me the deal. Come to find out, he wants to charge 6.3% realtor fees and a 3,000 broker fee? I've done enough houses to know ...
Joshua P.
Estimating 4-plex value and deal analysis
Newbie real estate investor in Las Vegas and first time posting. I am seeking out 4-plexes and found a property listed for $420K, monthly rent $3600. Net operating expenses about 12-14K. 3bd/1.5ba half a mile from an ...
Marilyn A.
Do you make your offer right away?
I was wondering how you go about making your offers. What I mean is, when you first go out to see a home, do you make an offer on the spot? Or do you go home and think about it and call them back with an offer?
Do y...
Blake Elder
Balance Sheet Calculation
My wife and I update our balance sheet every month and have different growth goals that we track. It occurred to me today though that we very much use the accounting method for this and take the book value of each of ...
Eric Patrick Oden
How do you value MHP with POH
Is it Cap Rate of pad NOI + resell value of mobile homes?
$103,200 NOI / 10% Cap Rate = $1,032,000
30 POH * $10,000 resell value = $300,000
Park value or sell/buy it for $1,332,000?
Sandra K Shirah
Bond for Deed - Opinion on Terms?
I'm a licensed broker in Alexandria just venturing into the rent-to-own arena, an option I feel is underutilized but would be popular in my area. I'm wondering if someone would be kind enough to share their Bond for ...
Kate McClinton
Calculating Building Basis -Appraisal vs. Property Tax Assessment
Is it permissible to use the allocation of building to land from the county property tax assessment instead of an appraisal? My CPA said we had to use the appraisal allocation as it was the most accurate, yet the pro...
Vince Russell
45 Day Flip at $5K Over Asking!
Investment Info:Single-family residence fix & flip investment.
Purchase price: $92,200 Cash invested: $13,500 Sale price: $140,000So on this deal, we were purchasing the house for $92,200 with an estima...