23 February 2017 | 14 replies
Utah is flooding bigger pockets - I like the energy levels!
21 February 2017 | 1 reply
Id like to hear if anyone has had experience in partially funding a real estate note...where two or parties fund a fix and flip for a real estate investor but NOT going through one of the larger crowdfunding companies in the marketplace.
25 February 2017 | 22 replies
There are three other factor, both very controllable, that also slow or eliminate depreciation:The quality and/or size of the home in the first place;High quality homes use better materials which last longer and look better longer thus increasing the probability the home will hold value.Homes smaller than 16'x80' normally depreciate faster than larger homes because small homes are truly out of fashion (forgive me tiny home advocates) and because smaller manufactured homes look more like "trailers" than a home.The way the land lease community is operated.Well run communities looking to protect the long-term investment of the community over short-term gains almost always stem or slow home depreciation.
24 February 2017 | 18 replies
He then started to get into larger apartment properties.
22 February 2017 | 2 replies
I have no money" So...go and try and find people who own their properties and ask if they will finance part of it if a bank agrees to finance the other larger portion.
23 February 2017 | 3 replies
My question is more along the lines of, if we compare things apples to apples, will I be paying a premium once my portfolio is larger?
11 May 2020 | 4 replies
There are also FHA Commercial Product but these programs are for much larger loan amounts and properties.Let me know if you have any questions.Regards,Joe Scorese
25 February 2017 | 4 replies
My concern is my rental income will be more this year so I would prefer to right off on a larger income year to cut taxes owed down.
25 February 2017 | 2 replies
Offer a larger EM, provide a DU report from your lender.
27 April 2017 | 11 replies
Others will use RLV, but in this post, you have the formula, so whatever method they use, you (or your broker) can do the math for yourselfSo, the general formula would beSales price of home - (minus)Build cost of home, including hard costs and permit fees -Profit (can range anywhere from 3% to 15% depending on what builder, larger/nationals will usually have lower profit margins that they make up with volume) - Finishing costs of lot (per costs above) =Residual land value (RLV) or raw land/raw lot costsNow a few questions/comments/rules of thumb to use:1.