I am an aspiring investor and there is a property near me that has been vacant for quite some time. The taxes are up to date being paid so I wanted to take a shot at writing a letter to the owners. Can you guys give m...
Looking to buy single family property in Indianapolis area. Having trouble getting financing from few mortgage company’s already. Good credit, pay stubs have 20% cash to put down. But being that I’m from Hawaii and bo...
I have read that the 70% rule should be applied as follows before making an offer.
Example:
$100,000 ARV
minus 20% profit
minus 10% holding and closing cost, including title insurance,
four to six mont...
I've read from several people on here of doing a move out cost spreadsheet that is to be signed by both parties before moving in. For example, if you leave trash in the unit it will cost you this much. A fork in the d...
After I had the house under contract, I met with my contractor a week later at the property for a repair estimate. While we were there, a group of people arrived, I assume another agent, and three different contractor...
As a broker offered (we think) a good opportunity, our family is thinking of investing in multi-family apartment building in Virginia as a LP . I learned only in books while I took commercial real estate class at a la...
I have heard several strategies in the creative finance forum and one I'm interested in is private money. I understand the concept of partnerships and friends/family providing capital to purchase a deal. My question i...
Will you please post any self directed IRA custodian recommendations?How long does the process take to roll over funds into this account?I know I can't live in or benefit directly from the fund or invest in family mem...
Hello, I'm currently looking at purchasing a business and having a hard time determining if my advisor has a full grasp on what I'm doing so here are the details. I am buying a business for $700k (100k property, 100k ...
I got my real estate license in 2016. There were expenses involved such as classes, exam and license fees, association memberships, etc... however I did not earn any money as an agent in 2016. As such, I did not think...