Generally, how much profit do you look for as a cash buyer? Is there a minimum that you need to receive as profit in order to buy a wholesale deal? I had my own numbers but o decided to reach out and see what actual ...
Hello, everyone!Tomorrow morning, I am walking three separate triplexes, and I know I am going to need to take down a lot of notes and receive a lot of information.Does any seasoned investor have an app they consisten...
Can anyone shed light as to why the property tax on a 500k multi unit would be 13.5k? I found a property that looks like a great deal on the surface but when i run the numbers the taxes kill it. Is this just an Ohio t...
Hey guys I know this might be a bit of a newbie question, but what is Net Operating Income? How is it calculated and what does it mean? I've been finding some mixed/unclear definitions. The same thing goes for Cap Rat...
Hey guys!I was just wondering if anyone had any tools or apps they used when they determine a multifamily property to purchase? I know about rentometer, but I don't want to pay for a subscription really when I know i'...
Hey guys,I have a lead on a 3 bedroom, 1 bath single family house in a nice suburban area. ARV is about $135,000 (conservatively). The house was built in the 50's. The biggest problem is a previous owner added an a...
Hello - I'm a newbie when it comes to real estate development but wanting to learn. Have an interesting opportunity that i'd apprecaite input/views on. Lot is in a suburb, south of Seattle.Combined site for sale is ~3...
Howdy, all!I've been lurking on the forums for a few months, and finally came across a topic that didn't seem to turn up any search results: Building a chart of accounts for a rental business.Let me back up and start ...
Hi all! I am in the process of rehabbing my first house for a fix and flip investment. The house needs a good deal of work. Most of the contractors I speak with want to take on the job of fixing the whole house and su...