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Hello,I wanted to get some input on our idea for a mission statement:We are committed to buying, rehabilitating, and selling single family homes in the Huntsville, AL area with integrity and professionalism. Our clien...
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Interesting perspective I have here. I'm a "numbers guy" and the numbers fooled me into buying a poor property. Had 4 evictions in 3 years. Sold for a huge profit though.The way I see it, operations matter a lot (tena...
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In reference to cash-on-cash return, when calculating how much money was invested into the property, should I include any money that came directly from me that I put toward the reserves? Even if after the first 12 mo...
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Here's the deal: I am buying no money down, taking over payments on a sfr from an out of state seller and transferring deed to my LLC. I have a lease option buyer, so I am making about $200/mo spread between mortgage ...
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Hi, do commercial lenders generally allow the seller to carry back in second position the 25% not financed by the lender (to effectively create a purchase with no money down for buyer)?
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This might be a stupid question but here goes. I am identifying quite a few good properties off MLS (actually, Redfin, Zillow and Realtor) that fit my purchase criteria. The numbers are also work them well for me.
M...
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Hello I am first time investor, I am located in Texas and I am looking at buying a multi family homes. One thing I am curious about is I have found a lot of Multi-Family homes located near universities. Are these norm...
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I am reading mixed things online about the tax implications of flipping homes inside of a self-directed IRA. When is a non-financed house flip inside of a SD IRA or Solo(k) subject to UBIT? Is one flip ok? One flip p...
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I thought that this topic may have been addressed somewhere here in the forums but I can't seem to find it. I'm looking for an accountant/CPA that doesn't find real estate dealings a foreign language. We have 9 proper...
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Hey my name is Rephael and I work for a family owned property management company. We have been growing for the last 2 years and we are looking to continue to grow ! We now manage over 1,000 units! We own half and the ...