Investment Info:
Single-family residence buy & hold investment.
Purchase price: $50,000
I purchased this home for $50K in 2008. I put $10K down and spent $15K intitally on the rehab. I currently ha...
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I am purchasing my first rental property in Memphis, TN (Bartlett area) and am trying to come up with the numbers for that area for capex that I should be setting aside after a rehab (assuming all the items are new, w...
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I provided a tenant with a 3-day Notice to Pay or Vacate. The total amount is based on the back rent due, plus all late fees incurred up to the day I provided the notice. Per the lease I have an initial late fee, the...
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I want to remind everyone about the PRIMARY WAY to make money with real estate, as preached by @Brandon Turner, @David Greene, and many Podcast guest, is by entering the deal correctly.I recently wrote a post demonstr...
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So I’m stuck at filling out an LLC agreement of operation for a title company, I’m in the process of closing on a property. What is the initial contribution section referring to and the capital contribution page refer...
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Hello all, Lately I've been studying and trying to better understand the analysis of rental property. I understand that the formula to calculate COC return is: COC = Cash Flow/Investment basis. Part of the investment ...
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Investment Info:
Other other investment.
Purchase price: $15,000
Cash invested: $2,500
Sale price: $27,000
I bought a tax foreclosed lot in my neighborhood and ended up selling it about 9 months ...
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Hello All, I have a dilemma that I wanted to run by you all. I have a 3BR 2BA 1,200sq ft property that I bought 1 year ago and have had rented since. When I initially bought the house I did not spend any money excep...
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I am currently renovating my primary home in North Carolina and intend to get a HELOC on the property after the renovations to keep my initial interest rate. A cash-out refinance does not work in my situation since I ...
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The BRRRR method is a real estate investment strategy that stands for Buy, Rehab, Rent, Refinance, and Repeat. It's a systematic approach to building wealth through real estate by acquiring properties, improving them,...