David C.
What do you use for Expense Ratio?
I’m looking at buying a LTR. When determining the net income, I simply multiply gross rents by an expense ratio to determine the net income. My question is, what do experienced LTR investors use for the expense rati...
Karl Sannicks
Green Light or Red Light
I have a deal that I have analyzed with a 9.55 cap rate. All the properties within this portfolio are rented. I am just starting back up and need to know if I should proceed or "due" more diligence. I am going to s...
Joshua Walters
HOA Lien- (good investment?)
In the community I use to live in, their was the house in the corner that is vacant. I learned that the owner lives in Mexico and almost never uses the property. I did some research... I learned that the property neve...
Mark Harry
I need lenders
I put an offer on a property and now shopping for a good source to finance the deal. Here are the details:
- REO Bank owned. purchase price 180k in Lowell Massachusetts. 2 family residential in a great neighborhood, ...
Jordan Hamm
Help with Newbie Rental Calculations
Wondered if I could get some more experience REI eyes to look over my numbers. Something doesn't seem right—am I really not going to make any money?I'm looking to convert my current home (7 yrs old) into a rental.Curr...
Tyler Child
Estimating repair costs
Hello,
I am closing in on purchasing my first rental property. I must say its been an interesting but nerve wracking experience. I've done my due diligence and pulled all of the information I could regardin...
Harri Smith
Splitting land into smaller plots
I have a 5 Acre land in Allegheny county in PA. The area is zoned as R2. Can I divide the land into say 10000 Sq ft lots and sell? I notice the neighborhood areas have 6000-10000 sq foot lots. I know, I have to have i...
Braighton Coey
Help Evaluating my first potential deal???
To anyone reading,Thank you for clicking and being open to helping. I have found a deal that seems pretty amazing, but this is my first attempt and want to make sure the numbers are in my favor before pulling the trig...
Jason Ross
Experience with Rooming houses as investment properties?
I have an opportunity to acquire a "Rooming House" that, on paper, looks very strong. I have a call scheduled with the property manager to learn more about the nature of the tenants, but was curious if anyone had exp...
Alex Ng
Is flipping dead in Southern California?
Id like to get into flipping but I keep hearing how in this current market in socal, its too difficult to flip because of how high the prices are, interest rates, and material costs. Is this true? Has anyone here succ...