Jennifer Jo McCallon
What do you think is a "good enough" cap rate?
When interest rates were much higher, we only looked at places with a 10+ cap rate. Now that interest rates are so low, properties cash flow with a lower cap rate than in the past, leaving more wiggle room in pricing....
Daryl L.
Covenants Running with the Land
Has anybody run into a property with a Covenant on it? How does one go about researching what this entails? I found a property that seems like a good deal but this is not something I want to get burned on because I di...
Alex Castillo
1031 exchange questions
Hello, I am in need to go into a 1031 exchange. It would seem that I'm an experienced investor if I find myself in this situation. However, I am not. I actually dont even own my own home, I currently rent. The only r...
Aaron Wong
Chase Mortgage Nightmare
This is a rant about the nightmare that is getting a conventional mortgage at Chase and I'm not sure if this is the right place to do it but I want this to be a warning to any other investor that may be looking to use...
Fareed Khamitov
Index, stock, RE or keep saving.
Hello world.
Me and my wife are in our early 20. I am 23 she is 21. Right now we both work full time with income of around $50K annually. I am also a full time computer science student in my junior year. Right now w...
Kynell Martin
How would a private or hard money loan look on paper
I have found a lender. But I am trying to do my due diligence on them. They asked me to fill out a application. I got an approval letter in my email with terms. They requested copy of my Id also. How does this sound ...
Voltaire G.
Choosing where to invest out-of-state (OOS)
As a beginner investor looking to use BRRRR strategy , how do you search or choose where to invest/purchase out-of-state (OOS) properties?
Anthony Gayden
8 unit In Tucson Deal Evaluation
I am doing a deal evaluation of an apartment complex here in Tucson, AZ. It is listed on the MLS here. Here are the details.Asking Price $275,0008 Unitsbuilt in 1987All are 2 bed/1bathRent is $500/month per unitOwner ...
Thomas Richter
Location for LLC
Does anyone have a LLC (for rentals) in Los Angeles City? I assume you are required to pay City Business Tax? My rentals are not in Los Angeles and I'm wondering if it makes sense to locate LLC outside of L.A. Thoughts?
Daniel Erdman
Buying Multiple Rentals a Year
Hey Guys,Something that perplexes me after listening to the podcasts and perusing the forums is that someone can purchase multiple, if not tens of properties in a single year. I simply cannot wrap my mind around it. F...