Patrick Britton
Property description to generate initial interest
Hi,What information should be provided and which be left out when posting details of a wholesale property?If under contract, is it okay or even advisable to provide the address? To what extent should any renovations ...
Josh E.
BRRRR Rehab Estimation
I am in the process of searching for my first "BRRRR" property. As someone who has very little construction/rehabbing experience, I have a tough time determining what needs to be repaired or replaced and what the asso...
Carlos Feliciano II
Estimating rehab costs during initial lead generation and triage
Hi All,As I slowly stack money away for my first future rental purchase, I have a few questions regarding estimating rehab costs when going through practice reps. I'm basically going through properties on Realtor and...
Andrew Yu
Bookkeeping & Tax on Owner Finance Sale
I sold a property thru owner finance, but I have a question about the bookkeeping/tax side of it. Here is the journal entry for it basicallyMy questions are:
Is the journal entry correct? 26K is quite a bit of reven...
Sharad Bagri
Real estate partnership, need to register in multiple states
We are a few friends from California looking to invest in multi family real estate in Ohio. Initially, we were thinking to make an LLC. For LLC, we need to register in Ohio and California. If we don't go the LLC route...
Arturo Borges
Annualized Return Formula
Hey!I am trying to find what the formula to calculate the annualized return on an investment is, based on compound interest. So if someone invested $100K and in 4 months it generates a 6% return, that's $6K, if he inv...
Lisberto Calvo
Don't know what BRRRR Method is?
The BRRRR method is a real estate investment strategy that stands for Buy, Rehab, Rent, Refinance, and Repeat. It's a systematic approach to building wealth through real estate by acquiring properties, improving them,...
Collin Richards
New North Carolina Investor
Good Day to everyone here. I'm an Active Duty Officer in the Fort Bragg, NC region. I have been doing a lot of reading and research on real estate investing to begin generating passive income. I would like to connect ...
Evan Rattray
Advice on getting started
Hello all. I am about to launch my note investing business and have been running through my financial forecast scenarios.I'm in a debate with myself of how I need to get started. I have an investor that has committed...
Kristopher Kyzar
First rental sold!
Investment Info:
Single-family residence buy & hold investment in Carrollton.
Purchase price: $52,500
Cash invested: $13,986
Sale price: $125,500
Got this gem through my lead generation campa...