Andrew Hofing
Please Help! I would like some feedback on my work in progress Business Plan
New Horizons REG Business PlanMisson Statement: New Horizon Real Estate Group will be established to form a profitable and sustainable business model in Real Estate Investing. New Horizons REG will have 3 areas of ma...
Minna Reid
Got a live one - now what?
So after doing my homework, placing ads,etc, I finally got a call from a lady in foreclosure. I have the comps at 230-250, she says she needs 160 to get out of the mortgage, and wants some cash to start over. She says...
Stephen Dickey
Well, We Got Burned .. What I Learned
Just got burned on a flip. Did a cash out refi on my property to pay back some hard money that is due and banked on an appraisal without researching the market value. Appraisal fell short. Profit will still be made wh...
Lee Syndergaard
Someone please explain Cap Rate to me as if I'm in 1st grade
I've read about cap rate, heard it discussed on the podcast, but still don't have a grasp on it. How would you explain it to a new guy, using small words?"Layman's terms. None of that inside, b******* jargon that nobo...
Jon Klaus
Equity split/structure
I'm contracted to buy a home (2100sf) for $270k that should sell for $360k as is, if I listed it. It needs a full rehab, plus I plan to add 1800sf. Cost of rehab/addition should be near $200k, for a total investment ...
Nicholas Armstrong
Roth IRA option to flip houses
Hello everyone,I was just going to see how many of you have done a Roth IRA option to flip houses?I've heard this is a great way to expedite the growth of your retirement account but I'm wondering how to technically d...
Abhijeet Gavli
Does this rental make sense?
I had bought a SFH for $325K last year as a primary residence (to get better rates) in Charlotte NC. Now I plan to rent it out for market rate of $2200. The mortgage including taxes/insurance comes to around $1500. Af...
David Beard
Help w/ rehab estimate
I'm doing some exterior work on a 3-fam, and was hoping to get a couple of opinions on pricing from a contractor. This is a three story house, with a somewhat steep roof.
* Tear off slate roof and lay new asphalt s...
JP Krueger
Question: 1031 exchange
Can you like-kind exchange a 3 family the owner is living in to a 2 family that the owner will live in?
Joshua Fann
Subdivision Development--How Much To Give Investors?
I am a part of a family-run construction and real estate development company. My dad is a Civil Engineer, he and my brother are also contractors, and I am a real estate agent. We currently have the first option to buy...