Fletcher Caulk
Capital Expenditure Forecasting
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...
Reece Bierhalter
Late Fees AFTER Notice to Pay or Vacate provided
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...
Eric Gamble
BRRRR this... BRRRR that.... Hold On A Second...
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...
John B.
LLC operating agreement
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...
Isaiah Turner
COC Return Question!
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 ...
Paige de W.
480% cash on cash return in 9 months?
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 ...
Alex Babayev
Advice Request - Keep Renting or Sell Property
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...
Chris Reichenbach
Removing PMI Before HELOC is Put On Property
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 ...
Lisberto Calvo
Don't know what BRRRR Method is?
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,...
Isaac Lane
Columbus Ohio Property Tax Dispute
Franklin County is doing a mass re-appraisal process for property taxes in 2023. The county gives you the opportunity to dispute the initial values before distributing the updated tax amount. Has anybody had experienc...