John McKee
Why are brokers selling based on projected cash flow?
I was just looking at a deal that was a 7% cap, but it was based on projected NOI after I renovate it. Is this common that brokers and sellers advertise this way?By the time I renovate it and sell it (assuming a sim...
Brittany Villamil
Loan officers??? What for?
Hey! Is it best to work with a loan officer??What are the pros and cons?What are my other options?
Gloria Dulan-Wilson
DEALING WITH REALTORS AND FINANCIAL QUALIFICATIONS
I recently signed up as a PRO - ll/2/16 - And have been identifying properties that I want to BRRRR - BUY, REHAB, RENT, REFI AND REPEAT - Per Brandon Turner's formula. So far my sources have been via the MLS - but I ...
Pixel Rogue
Building a tax advantaged retirement plan...best ways to invest extra funds...
Building a tax advantaged retirement plan...best ways to invest extra funds + smart exit strategy from rentals.. We may decide to return early...We are looking to build a retirement that minimizes tax obligation, lowe...
Bill Mitchell
Getting More Offers Accepted With Sellers: A Trick Im Sharing with You
We all know about the 70% rule and how it works. But if your numbers are correct for ARV and repairs, and then have to back out your assignment fee as well. Sometimes its difficult to get your offers accepted beca...
Hattie Dizmond
Stupid Newbie question time
I wrote an offer on a property in Richardson, TX today. It's an REO, but the bank is taking all offers. Mine is the first written contract they have received. I offered about 65% of a very conservative ARV - rehab. Th...
Anna M.
PUTTING YOUR REAL ESTATE IN A TRUST ACCOUNT
SCENARIO: 1. Every property gets its own trust and ideally it’s own LLC - check! (Got that) 2. Give the trust a unique name that does not bring it back to me (Anna) and give it a P.O. Box address - 🤔Question?☝️ Won’t ...
Courtney Glass
Market analysis of a small town for self storage
I am looking to buy an existing self-storage facility in the Southeast TN/North GA area and just found one for sale. I am mostly just working on learning how to properly analyze these deals. I am struggling to figur...
Joel Kadlec
Sell or Hold?
Hey guys,I just recently discovered biggerpocktes and I am very excited to start investing in real estate. I think I will want to be a buy and hold guy with an interest in multifamily properties. I bought my first pro...
Jai Koolwal
How do you analyze a neighborhood while investing remotely?
Hi All,I am new to real estate investing and am looking to start out by syncing up with a coupe of turn key operators. However, what I am struggling with right now is that I a not able to scope out a neighborhoods as ...