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19 January 2025 | 8 replies
@Loren Souers I take it "OMNI" is a local credit union?
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16 January 2025 | 5 replies
Practice analyzing deals, explore surrounding markets if NYC feels too competitive, and stay persistent, closing your first deal takes time but is well worth the effort.Good luck!
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14 January 2025 | 6 replies
If I were to reduce or take out the vacancy, the 2 would cashflow.
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7 January 2025 | 16 replies
@Tyler Kesling who are you going to be partnering with to take down a 20+ unit property?
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17 January 2025 | 17 replies
@James TobinJames, congratulations on deciding to take the first step into real estate investing!
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17 January 2025 | 3 replies
No but you could create an excel macro to do multiple properties at once - also the numbers that someone provides to me I take with a grain of salt anyways.
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18 January 2025 | 6 replies
The investors get much more profit out of the property.Recommend having a very open conversation with your FIL, expressing your interest in potentially taking over the property from him.
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17 January 2025 | 11 replies
Did you figure in the additional cost of no rent for one of the tenants and how long it will take to evict them?
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16 January 2025 | 23 replies
Taking the loss now is preferable to paying out monthly for the privilege of being a landlord.
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16 January 2025 | 10 replies
You don't have anything to take I assume since you don't have anything to put into the project.