The Real Estate Loop

For the last couple of weeks I have been analyzing a 8 unit apartment complex near my home. I have run the number backwards and forwards. I have studied the market and visited the property repeatedly. Although I can turn this property that is currently at a 50% rental rate into a great income property and I can great favorable terms from the sellers I'm still going to pass on it. Why? Time.. I don't have the time and energy to put into it right now..After much deliberation I just can't drop my current time obligations to turn this property around..

Oh well, there will be others..

In this episode my wife and investing partner Nic from www.rapwithnic.com and I are talking about how you can find your own turn key rentals without using a company that is going to take all the equity out of the property.

In this episode I am answering a question about using seller financing to purchase properties. I also talk about the cash on cash return number that you will hear about a lot in investor circles. I also discuss the hot real estate markets for December 2015 according to www.housingwire.com.

In this episode I talk about two deals that I am looking at

The first is a single family flip. This project is a partnership where I put up all the capital and split the backside 50/50 with my partner. The problems is that its a $104,000 deal with a potential profit of about $15,000 or a little over 10%.. That seems like a lot of risk for a little profit.The second deal is a 8 unit multifamily property that is fully rented and has a gross rental income of $3300 per month that I think could be raised. At a sale price of $200,000 I am considering this option as well.Don't forget the investor boot camp in February. The link to the bootcamp can be found at www.investingnownetwork.com/bootcamp/

In this episode I am talking about a solid strategy for long term holds. This strategy is purchase 10% below market finance at 70% loan to value on a 15 or 30 year note. Use this for 3/2 block homes and your could find yourself with a lot of cash flow and great properties in a short period of time.

www.thereloop.com

In this episode I am talking with Ace Chapman about flipping businesses. I ask him all the questions from finding, negotiating and selling these businesses.

In this episode Nic and I are talking about home owner's associations and the benefits and drawbacks of them. We also talked about the upcoming real estate boot camp. For more information go to www.investingnownetwork.com/bootcamp.

In this episode I am talking about the current real estate market trends that I am seeing for November and December and where that leave the investors.

In this episode I am talking with my friend Lance Whipple and we are talking about vacation rental homes. Lance is sharing with me what areas are hot which areas you should avoid. Lance is an expert in the area and deals with a lot of vacation rental properties. We cover the do's and don'ts of vacation rental ownership. Especially near http://www.disney.com and http://www.universalstudios.com.

In this episode my wife Nic from http://www.rapwithnic.com are talking about rental properties. We also discuss vacation rentals near Disney World (http://www.disney.com) and some of the misconception about wholesaling.I also ask Nic's opinion our properties and what we have done right and what she thinks I have done wrong.