Alan Goetsch
Connected Investors Largest REI Scam on the Internet
18 June 2024 | 121 replies
Most also use a Yahoo/Gmail account...yes, I know some here will say they use one or the other, although with sites like mail.com or mail2world, you can at least get a semi-professional looking domain, it just adds to the red flags.I think their search bar is one of the worst, but maybe that's a tech issue...I occasionally go there, mainly to network, and try to find people I can work with, off CI.
Michael Hoover
Deal or No Deal - 8 Door Appt. , Rural but College town, Owner finance
12 June 2024 | 8 replies
I have been offered an exclusive Deal by a local "friend"/ semi-mentor in my small town. 8 standard 2/1 apartments - Quad, duplex, duplex, 1970 Dated buildings, little neglected but liveableOwner finance: 20yr 6%rate with 20k down------------------------------------------------Total purchase 400KCurrent NOI: 41k Cap: 10 (Tax,Ins,Maint, Util)Gross rent 4500/mth-----------------------------------------------Upgrade, Est repairs: 60k After reno: NOI: 59K Gross rent: 6100------------------------------------------------Loan pmt: 2865/mth, 34k/yrCurrent Cash flow: 531/mth, 6,378/yrAfter reno Cash Flow: 2131/mth, 25,578/Yr-------------------------------------------------Added info- -Property line Joins with (growing) Community college-Tiny town-The Buildings are Currently "uglyish".- Current Rent is 150$- $200 behind market avg.I am very comfortable in single family homes in this town (own 18 SFH rented and performing well).
Scotty Wo
completely new and lost, would love some guidance.
13 June 2024 | 4 replies
SE Michigan (House on Zillow says it's worth $348k it's a 3br, 2 1/2 ba), semi finished basement.My house currently needs a new roof, new water heater.
Claudio Garcia Zuniga
Is it best to self-manage or higher a PM company?
12 June 2024 | 15 replies
Though, you will still need to manage the PM and build a rapport with them on a quarterly basis or semi-annual.
Simone Montague-Jackson
Real Estate Syndications: Spark Rental
14 June 2024 | 15 replies
Club membership dues go toward organizing semi-monthly club meetings, networking with sponsors, and otherwise making sure our club members can go in on new deals with each other each month.
Craig Jones
Financing for owner-occupied lodging property
10 June 2024 | 3 replies
Looking at a unique property which is a 4 bed / 2.5 ba main house, with what is essentially a 5 room motel semi-connected to the main house via a breezeway.
Carlos Ptriawan
as unemployment would be 100% going up next year and higher chance of recession
20 June 2024 | 245 replies
if those company that represent customer behavior turning to be semi bearish ….than it is quite logical that we are near term bearish toobut in long term we agree we are bullish in my personal experiences this moment is the mildest recession ever LOL
Patrick Henry
Im looking to use RP Capital and/or Memphis invest. Advice???
6 June 2024 | 16 replies
I have narrowed it down to RP Capitol (Ron Phillips) and Memphis invest as turnkey/semi turnkey companies.
Sunjeeve Weerasinghe
Luxury Vinyl Tile vs Porcelain Tile
4 June 2024 | 24 replies
It is semi-durable, easy to clean, easy to install and in-expensive.
Diane Stinebaugh
favorite interior paint color for rental homes?
2 June 2024 | 37 replies
Semi-gloss always in kitchens and baths.