Jerell Edmonds
Spilt utlities or add another meter ??
1 January 2025 | 12 replies
This can be very expensive and is usually the worst choice because you can't justify the cost.2.
Evan Coopersmith
Looking to buy a multifamily property in 2025
14 January 2025 | 19 replies
Many people don't realize that you gain as much or more net worth through debt pay-down, and while it's less liquid than cash flow, over a 5-10 yr hold period it's considerable if you buy in the right areas with the right asset class.
Hayat- Hyatt Barron
New Jersey Investor Seeking to Build Passive Income—Let’s Connect!
4 January 2025 | 12 replies
If your goal is passive income, it's not going to be in New Jersey when you factor in cost to purchase, management costs, and rent to price ratio, but what you can get is steady appreciation.
Elizabeth Leb
What would you do with 20k?
9 January 2025 | 28 replies
However, the road block I face is getting to a point where I think it’s an “ok” deal (meaning it’s not fulfilling the 1% rule, but more like 0.75% and little to no immediate renovation cost/typically a new build townhome) and then I start to question whether I could find a BETTER deal if I just keep looking.
Bob Asad
When Doing a Comp, Do you Analyze Foreclosures Too?
7 January 2025 | 1 reply
Let's say there's 3 properties in a 1-mile radius with 5b/3b, but one is a foreclosure and the other 2 are regular conventional sales.If you're doing a comp for your subject (4th) property, do you have to take the foreclosure one into consideration?
Dionte Griffin
first deal advice
3 January 2025 | 3 replies
In most single family zoned areas adding a single ADU is not a value add meaning it will not add more value than the hands off cost of the addition.
Ricky Hernandez
Turning a New Build into a Rental Property
6 January 2025 | 7 replies
My condition was that they rent the house for 1% of the costs and sign a 3 year lease.
Devin James
Do you prioritize equity growth or cash flow in your investments?
5 January 2025 | 18 replies
Today it has a small positive cash flow for its equity, but the value is up ~$1m above my costs.
Chris Seveney
Getting A Deed In Lieu at closing to store away
27 December 2024 | 20 replies
Most likely trying to find a sucker to buy this and take over the costly legal battle they are entailed in.So next time someone is like "yeah just get a deed in lieu at closing", think twice about that.Actually, I use the deed in lieu.