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25 June 2024 | 6 replies
Light renovation of the kitchen and should be able to see increase of rent of $250-$300 month.
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27 June 2024 | 26 replies
It will carry a net loss of about $4k/month, or more, to keep the lights on.
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26 June 2024 | 5 replies
I have about $300 on my credit cards (just finally paid them off for the most part, and have about $20,000 limit).My cash on hand is relatively light, but what my plan was was to find some single family homes in the north Detroit area (currently anywhere from $40-$60k and put about $15-20k tops into any repairs or fixes (not looking for total rehabs, mostly something I can do some small repairs here and there and paint, personally I am knowledgeable about renovating up until complex electric and plumbing).
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25 June 2024 | 6 replies
You don't want to open the flood gates but finding the correct balance is key and thats something many municipalities struggle implement.
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28 June 2024 | 100 replies
correspondence between me and Lane.Giles,One of the biggest misnomers is that the tax benefits on syndications are worse than owning rentals which is false especially when doing a cost segregation.I just got back the estimate for Aubrey Apartments in Houston to which we will likely implement in year 1 of the deal.Based on our consultant's estimates, it looks like for every 100k invested, passive investors look to get back 58k in losses in the first year alone.Assumptions: 10M of losses first year, 70LP/30GP split assuming total capital raise of 12M... 10/12 x 70% = 58%.
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27 June 2024 | 26 replies
It's new to me so I hope someone here can shed some light on what she is trying to do.Her current property is in MA and is a four-unit.
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27 June 2024 | 62 replies
I can buy tile, light fixtures, bathroom fixtures, drywall, paint, primer.
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25 June 2024 | 30 replies
$100k neighborhoods in Baltimore aren't for beginners or light of heart.
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27 June 2024 | 41 replies
I would love to hear if there's anyone from Johnstown who can shed some light on this.
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26 June 2024 | 16 replies
Lipstick rehabs are normally just redoing kitchen + bathrooms + light work around the house.