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14 January 2025 | 2 replies
You're on the right track to reach out for help here and also to look to your area for potential partnerships.
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17 January 2025 | 7 replies
I’d love your input on whether this deal could appeal to investors and how best to structure it.Property Details:Worth: ~$300,000HOA: $273/month, Taxes/Insurance: ~$170/monthCurrent Rent: $1,880/month (long-term); next tenant advertised at $1,950/month.Mid-term rental potential: ~$2,400/month (I haven’t tried this, but it’s my estimate).My Financing Idea:Large down payment: ~$125,000 (This is my priority to reinvest elsewhere).Seller-financed balance: ~$175,000 at 4.25% for 30 years.Buyers take over taxes, insurance, and HOA.Questions:1.
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7 January 2025 | 16 replies
It's easier to scale with multifamily properties due to income potential and operations.
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16 January 2025 | 0 replies
I was particularly drawn to this deal because of the strong growth potential in Bushwick, Brooklyn.
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18 January 2025 | 17 replies
A small multifamily property is a smart choice for a first investment—it offers a great balance of income potential and manageable scale for someone new to the space.Don’t worry about being ambitious; it’s clear you’ve done your homework, and you’re already ahead of the game by setting a clear goal.
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19 January 2025 | 7 replies
Their success speaks volumes however, its a bit much for me to stomach for a potential benefit.
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5 January 2025 | 17 replies
There would potentially be some weight issues with the 2nd+ floors of some shopping malls, depending on what the potential tenant wants to store in the upstairs unit.
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14 January 2025 | 9 replies
I’m currently targeting properties in the $200K–$500K range, depending on the location and potential cash flow.
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21 January 2025 | 5 replies
If you are organized enough to forsee hang ups and talk with your GC about potential challenges on a regular basis, two brains are better than one.
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7 January 2025 | 2 replies
House hacking is a fantastic way to start building wealth while minimizing risk.