Ben Bakhshi
Advice: Bank sold us one property, with two houses on it, already 2 parcels, but 1 address on the deed.
Has this happened to anyone else?We bought a Freddie Mac foreclosure recently for under $50,000. We assumed we were buying 1 house on 1 lot. I didn't pay special attention to the warranty deed at the time of the purch...
Sam Epperson
8.6 Cap, B class, 18 units, $823k
Forgive me if this isn't the usual format, I haven't even looked at other posts. Am I close on these numbers?link here: http://www.loopnet.com/Listing/6768-S-East-St-Indi...List: 823,000Cap: 8.6%Units: 18NOI: 70,778(e...
Michele G.
Complete Rehab from studs
Where do I start to determine if this deal is worth it? We have a potential property that would be a complete rehab. It has been empty for 3 years, was bank owned. Private party purchased it last year, gutted it, &...
Andrew Yu
Power of Attorney for LLC
I'm wondering if there's a way to grant power of attorney for an LLC to an individual, if the operating agreement allows of course. Also what kind of attorney should I search for to prepare such document?
Erica N.
Batimore Rentals - Where's Cash Flow?
I am looking to invest in my first property. I see quite a few townhomes in Baltimore County under 70K, what are some great neighborhoods for rentals investments that have higher cash flow yields?
Stefanie Marshall
Errors and Omissions Insurance--Flipping in California
I have been flipping homes for awhile, but I am simply an investor, and my agent and I were talking about starting a brokerage. She told me that she didn't think agents or brokers could flip houses because the E&O...
Ryan Eide
Apartment Course: Joe Fairless or Michael Blank
I grew up in a family owned construction business, spent a few years as a realtor, and then spent the last 15+ years in Program/Project Management at Amazon and Boeing. I am finally coming back to real estate, specifi...
Daniel H.
Depreciation
If I purchase a home for $25,000 cash, then spend $15,000 to fix it up, then refinance at an appraised value of $100,000(just an example), would depreciation be based on the $25,000 plus improvements or would it be ba...
Elena S.
Triplex Meets 1% Rule - Can't Make it Cash Flow
Hello everyone,
I am a new investor in California and I am looking to acquire rental properties for cash flow. My Realtor sent me this deal, which in theory should cash flow because it meets the 1% rule. It's a tripl...
Adam J
My first real estate investment
im currently 21 years old and am about ready to start investing in real estate, if i keep telling myself i'm not ready i know i'll never make the move so its going to happen.
My plan is to spend under >$5,000 on a...