Hi guys, I bought a property from a bank that was deed-in-lieu of foreclosure. I have some understanding about it but I am correct in thinking that it technically was never foreclosed and the 90day flip rule doesn't a...
Hi all, many housing markets appear to be entering a downturn--or at least some form of correction to the rental bubble that emerged in recent years. How are you taking this into account when analyzing deals, particu...
Hello, Just watched the podcast with Axel about his off-market strategies on apartment complexes. One strategy I couldn’t quite understand how he did efficiently is his email campaign. How did he find and validate the...
Tenant stopped paying rent. Posted the Notice of Right to Cure and Termination Notice on Sept 4. Of course, no response. So I need to file the Statement of Claim, and have questions about the form and process.Do I com...
My name is Benjamin, I'm 25 years old and two years out of college. Real estate has always been my primary objective, going to school for an associates in HVAC/R was just a means of getting the necessary capital to in...
When you do cash flow analysis do you include mortgage payment in expenses or not?Please help me to understand it correctly?
I understand that if you have an unpaid landlord judgment in Pennsylvania you can ask the constable or sheriff to levy against personal property.If a person has a vehicle that has a loan, can the constable levy agains...
I have a property I’m looking at in Missouri that’s about 1,400sqft, and not sure the difference between a Cash and a Novation offer.
Cash Offer
ARV $180,000 - $55,000(Rehab) - $14,400 (8% fees, CC, HC) - $40,000 (...
- Any advice?
Hey guys,
I feel like Ive always struggled with depreciation concept...
So, Ive been googling it, and here is what I found:
Let’s say you buy a single-family home for $200,000. The tax assessor’s estimate of the la...