I am curious about the 2% rule. I am seeing it used when people talk about a property under 80k or so which is not realistic in California. Also, If one were to purchase a 4 unit in California at about $400k (which is...
So, recently I have been trying to branch out and buy real estate in other states. I'm currently working in Arizona so I thought "hmm it's nice out here, I should try to get a property or two while I'm out here." I am...
Hi everyone, I feel like the closer I am to pulling the trigger with my first home purchase the more unanswered questions I have about making this go right or faster. I will make this as short as I can but will try to...
Zillow and Trulia look like they will likely be merging as shown in this article on CNN:http://money.cnn.com/2014/07/25/real_estate/zillow-trulia/. My question to all the agents and brokers here is, do you think event...
I'm trying to buy a 2-4 unit property for 1.0-1.2M. I've been approved by my lender, but at rates of 4.25% for a duplex, 4.375% for a triplex, and 4.5% for 4 units. Why does the interest rate go up? I suppose I could ...
hi,
There is a property that I might be able to put it under contract.
I found a potential buyer who does rehab and wholesaling as well.
I didn't tell the person the "assignment fee" since he asked me how much is th...
I'm interested in hearing about your guys experience with working with investors and landing deals that are $5M+The reason I ask is because I feel no one really discusses how deals this big are done. Please share your...
I’ve analyzed a lot of deals and seems like I’m hot and cold on cap rate. Used it frequently once I found out what it meant. Then it faded into the dust. I focus more on cash flow or the gross cap. What multipliers ar...
Just came up on a property that is bank owned and cash flows.
How much profit does a bank go for to get a property off their books?
I know what they paid for it and it is listed $50k more.
Anyone...
Might be a simple question but if a rental is sold from an LLC what amount is used to calculate capital gains tax. The sale price or the net amount after commissions, loans, etc. are paid off?