|
Reading Estate Financial Statements
01-18-2015, 04:40 PM
|
#1
|
Dryer sheet aficionado
Join Date: Jan 2015
Location: San Francisco Bay
Posts: 27
|
Reading Estate Financial Statements
Hi,
I'm curious as I want to buy estate in the future, where do I find a good article/resource to learn to read real estate financial statements?
I appreciate any help,
-Felipe
|
|
|
|
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!
Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!
You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!
|
01-18-2015, 04:54 PM
|
#2
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Feb 2004
Location: Portland, Oregon
Posts: 7,113
|
I am confused. Do you want to buy stock in a firm such as Dependable Monthly Income from Real Estate - Realty Income Overview , do you wan t purchase a home or condo to rent to others, or do you want to buy a home to live in?
__________________
Duck bjorn.
|
|
|
01-20-2015, 10:13 AM
|
#3
|
Dryer sheet aficionado
Join Date: Jan 2015
Location: San Francisco Bay
Posts: 27
|
I didn't realize stocks were offered in estate rentals. I'm curious about buying land/property for renting out. I see lots of properties around for sale but I don't know how to read the financials. I'm not ready to buy but I'm ready to begin researching so I can find some good deals and get some rental income before I graduate.
|
|
|
01-20-2015, 02:02 PM
|
#4
|
Recycles dryer sheets
Join Date: May 2014
Location: Yuma AZ
Posts: 274
|
Find yourself a "buyers agent", don't deal directly with the listing agent. The listing agent, and other non buyers agents have an obligation to the SELLER, not you.
Find yourself a quality property management firm that knows the applicable law, can do financial checks, ect.. Get them involved with your search. They "know" good rentals areas, deals, etc., and they have the contacts with inspectors, mechanics, etc., to get stuff done at a lot less cost then you finding a plumber on your own…
|
|
|
01-20-2015, 02:26 PM
|
#5
|
Thinks s/he gets paid by the post
Join Date: Mar 2005
Posts: 2,603
|
I could give you my Schedule E's ... err nevermind.
__________________
FIRE'd since 2005
|
|
|
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
|
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
» Recent Threads
|
|
|
|
|
|
|
|
|
|
|
|
|
» Quick Links
|
|
|