in the future - u will be able to do some more stuff here,,,!! like pat catgirl- i mean um yeah... for now u can only see others's posts :c
A property brings in 100k revenue per year. Expenses are 50%, the loan is for 800k, and the all in cost is 1,000,000. What is the cap rate?
3 - 0
To figure out mathematically what the present cash value of keeping a property is: divide your annual net profit by the Rate you expect to receive on your investments with similar risk. (IE: to make at least 15% on a rental, if the rental nets $500 per month, then the cash now value of keeping this income stream is $40,000($500x12=6k/15%=40k)). This formula is very useful in determining at which price point it is worth it to sell a property versus keep it. But don’t forget those taxes if you sell!!!
3 - 0
Wholesale real estate is an opportunity to dig for gold no matter how bad the current circumstances. What is holding you back from your first deal? Let me know below, and I will make videos addressing how to get started around these friction points.
5 - 2
Joshua Gayman is an American Entrepreneur, Investor, and Businessman.
Easy Button Capital is a US-based private equity firm that focuses on combining high-equity assets with innovative property acquisition and management technologies.
Learn more about our fund's latest offering "The Sedona Creek Fund" at www.sedonacreek.com
Gayman also owns Easy Button Realty and serves as the Designated Broker for the Scottsdale-based Real Estate Firm.
Gayman is best known for his seminal work in real estate cold calling technology, a practice he coined the name “Cold Calling on Steroids (“CCOS”) for.
Gayman attended the Sloan School of Management, Massachusetts Institute of Technology (MIT), where he graduated in Executive Management and Finance.
Gayman has also completed postgraduate coursework with MIT's cross-registration partner "up the River" at Harvard Business School, as well as MBA with the University of Cumbria (NW England, UK).