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28 December 2024 | 16 replies
One other possibility to prepare for is that the court may ask the two of you to meet with a mediator prior to the judge hearing the case.
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25 December 2024 | 11 replies
If one or more units are vacant, the remaining units often don’t provide enough cash flow to cover expenses, making it harder to meet operating costs.Maintenance costs: A fourplex comes with four times the appliances, plumbing, HVAC systems, and other components to maintain, leading to significantly higher repair and maintenance expenses than single-family homes.If you want to see the detailed calculation, read this BP blog - More Units Doesn’t Mean More Money—Why a Single-Family Home Can Beat a Fourplex.Resale value: Multi-family properties have a limited buyer pool—mainly investors—who base their offers on CAP rates.
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6 January 2025 | 25 replies
And yes, to meet your goal doing this in 24 months IS viably possible, I've seen it done via 3 person team.
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19 December 2024 | 25 replies
Quote from @Sean O'Keefe: Quote from @Tom Gorrell: We have 3 rentals in CA and one in Kentucky (total value about 2.5 M)some W2 incomesome pension incomesome syndication income and some from a business (s corp) Based on what you say, it feels like $3k - $4k but would need more info on how frequently you meet with CPA outside of Jan - Apr when you are filing and if this includes tax strategy.
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13 February 2025 | 25 replies
U only see the principals at the big event that folks pay 30 to 40k to go to.. the freebie set up is an actor. the second 2 or 3 day weekend that is usually 1k to 2k is usually a past student earning extra money and the money paid to go to that event just covers the hotel meeting room and other expenses the big money is as stated getting those students to pay the 30 to 40k to come to the 4 or 5 day event where the guru is there along with the guru's staff..
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17 December 2024 | 1 reply
I currently own 2 commercial and 1 residential, a 7 unit / 2 commercial storefront property, a Laundromat facility storefront, Then a 2 unit multi family that i am house hacking.The purpose of the this post is that i want to meet ALL investors( pro or just starting out) in New London County to know each other and learn and talk about real estate, want to create a great network of people in this county.
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8 January 2025 | 33 replies
They have other nice benefits also such as not charging for appraisals if the deal doesn’t close, a great reputation amongst local listing agents with meeting deadlines/ great customer service/ getting the job done with no b.s. and they can often close in under 14 days.
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20 December 2024 | 3 replies
Here's the thing about ALE and similar agencies: they can be a goldmine, but you need to adjust your approach to meet their demand sweet spot.
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21 December 2024 | 10 replies
You will need to make sure you meet all the lender's requirements if you are planning to buy with a loan. 2.
18 December 2024 | 2 replies
I prefer small Strip malls or self storage.I need advice on how to find the deals, how to get lending on them and then how to set up the structure.I have flexibility to fly out next month is there are peers who can meet and help me out in their local markets.thanks,Paul