Matthew Rensel
Having a Quad built - Advice needed!
3 December 2024 | 14 replies
My goal is to scale up over the next few years and add another 10-20 doors.I ran across someone that is saying they are building quadplexes in the same town in Texas as my current rentals there, so I have some support system there.High level this is the idea on the deal:4 units constructed as 2 duplexes on one parcel.1250sqf 3/2/1 units$650k sale price, CME is $820k according to builder, will have a independent CME done if/as I move forward.Rent per unit is $1750 based on the other quad in the developmentBest guess at this point is about $16k/year cash flow at a 9.5% cap rate.Builder is a sister company of a established company in a related industry that has done "some" builds before but not a lot.
Evan Arkell
Excited to Get Started
24 November 2024 | 3 replies
He is not financially independent, but I bet he's living the life you dream of.Figure out what you really want, then start building a plan to get there.
Jorge Vazquez
I am wondering about a "sewer scope." Thoughts?
25 November 2024 | 18 replies
I have done several independent septic inspections.
Leslie Chukwuleta
Mid Term Rental help in DFW
2 December 2024 | 29 replies
The goal for our work is to get your rental set up on a platform, vet your first tenant and then get the tenant secured before you are independent.
Luc Brieger
Entry Into Wholesaling
26 November 2024 | 9 replies
I’m 20 years old and live independently, fully supporting myself with a full-time job.
Lewis Kerwin
Does this SFH warrant full interior repainting? And if so, is $3000 reasonable?
26 November 2024 | 9 replies
Planning to ask PM to ask her contractor about partial paint-job and also have an independent painter go in and see whether they feel a partial paint job or full would be necessary.
Edward Segaar
Cost for a CPA
23 November 2024 | 6 replies
If you have a W-2 or an independent contractor4.
Jonathan Greene
Why You Should Stop Talking About Quitting Your Job Before You Have Your 1st Property
26 November 2024 | 46 replies
Financial independence is a worthy goal.
Aditi Chaudhuri
Temple University Student Rental
25 November 2024 | 13 replies
A person living independently or a group of persons living as a single household unit using housekeeping facilities in common, but not to include more than three persons who are unrelated by blood, marriage, adoption, or foster-child status, or are not Life Partners.Splitting the building into two 4 bedroom units is not allowed.
Erick Hennings
Where Is the Path of Progress in Houston?
20 November 2024 | 9 replies
@Erick HenningsHouston's emerging neighborhoods include East End, Third Ward, Heights, Spring Branch, Independence Heights, Alief, Cypress, Pearland, Richmond/Rosenberg, and Conroe/Woodlands.