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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...
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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...
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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...
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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 ...
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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...
I have a tenant that fell behind in rent, after many promises to pay then ultimately no response I started the eviction process. After she received the 3 day notice she sends me an email stating all the problems with ...
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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...
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This condo was built in the early 70s and as a result doesn't have the most amazing lighting. Additionally the current paint color is a weird off white (see pictures). Right now, I'm seriously considering going thro...
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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...
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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...