I'm getting ready to close on my first mobile home park. It's a 17 unit. The current owner goes door to door to collect rent every month but I'm not doing that. All of my tenants drop off rent at my office. What recom...
Hello everybody! Okay so I will quickly describe the background details of the deal and want to know the best route to lower the taxes that I will owe after the sale of this duplex. I have a 50/50 LLC with my business...
Hi. I’m looking for some advice on how to proceed with purchasing my next rental property. I just finished my first property and started renting it. I purchased a very cheap blighted property from the City that I’m cu...
We’re brand newbie about to close a deal on Our first property that was a rental and already have old/previous (long time) tenants on the lease. Is this a good idea ? Any pros and cons? please give us some advice. W...
Hi all,Been looking at typical syndication structures and have seen a common one is to offer an 8% preferred return and then 70/30 the cash flow above that between GP/LP's.My question is, what is the 8% preferred retu...
I understand that you need to refinance after you have completed repairs. Specifically how does a refinance work?
If I am all in at $100,000 and my after repair value is $180,000.. in the bank gives me 70% of that ...
Hey everyone, quick refinance question:A couple months ago, I refinanced on my primary residence for a better rate and down to a 15 year mortgage (no cash out). However, since that time I've caught the "real estate b...
After a side lining injury. I was wrapping my head around what it is to analyze financially a multi family 5 or more units and the process beginning to end. First Book CRE FOR DUMMIES by Peter HarrisSo walking into th...
2 months ago when I began my journey to financial independence through real estate, I was pursuing educating myself on the inner workings, concepts, and ideas behind how to make money. Part way through up until now, I...
I’m gearing up to buy my first property in April/May-ish. I’ve read constantly for nearly a year, listened to podcasts and cruised forums to use this brain as a sponge as I got my stuff together, in what’s about to be...