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30 October 2024 | 11 replies
It’s a great way to learn the ropes and get a feel for the daily grind in construction.Remember, everyone starts somewhere, and it’s totally okay to learn as you go.
28 October 2024 | 1 reply
fha. 3.8% interest and Currently owe 450kMortgage $3,400.00Currently we are renting home out for $2,400 and taking a lossLiving in an apartment for $1700 making total living cost $2700 with the 1k for covering loss on home Household income 180k-200k Please help me figure out what makes the most sense in this situation.
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28 October 2024 | 5 replies
I've currently got 2 multifamily properties here with 5 total units -- I live in 1 of them.It's been extremely difficult to find multifamily properties that meet the criteria that I'm looking for through the MLS, and when I do, they're extremely overpriced.
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27 October 2024 | 0 replies
The other key to this property is it has city water and sewer at the lot lines which would obviously be cheaper than well and septic + has electrical just next door.
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31 October 2024 | 19 replies
I'm on Lane Kawaoka's e-mail list and I always think about striking out for something, but wondering if its worth it or if it can turn into a house of cards...It depends on the opportunity, the syndicator, the total amount of money involved, the amount you want to invest, how long you want to invest it for, the location of the apartment complex, the number of units involved, what your goals are.
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31 October 2024 | 19 replies
It totally depends on your budget, target areas, and overall buying criteria.
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30 October 2024 | 9 replies
In total over 100+ hotels were managed with millions in revenues, a large corporate structure and a large staff.
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27 October 2024 | 2 replies
I wanted to share the financials after 3 years, and demonstrate what three years of real estate investing can achiev3 Bed/1 Ba Single Family Pro-Forma:Year 1 (2021)Income:Rent: $1,200.00Expenses:Mortgage: $509.95Taxes: $119.10Insurance: $43.84Cap Ex: $60Repairs/Maintenance: $60Vacancy: $60Monthly Cashflow:$347.11/mo or $4,165.32/yrYear 3 (2024)Income:Rent: $1,300.00Additional Pet Rent: $75Expenses:Mortgage: $509.95Taxes: $155.43Insurance: $53.03Cap Ex: $68.75Repairs/Maintenance: $68.75Vacancy: $58.75Monthly Cashflow:$450/mo or $5,400/yr (Total/Not 50/50 %)Total Equity: $37,473.88-Principal Equity: $7,959.62I have learned a lot about the systems needed in place to run a rental property, and how important picking the right tenant is.
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30 October 2024 | 4 replies
The total number of homeless individuals in the city of Phoenix dropped 1% this year, according to government figures.
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22 October 2024 | 10 replies
Hi! I’m here to learn as much info as I can to begin investing in real estate. I’m not in New Haven, I’m in New London County. I’m actually surprised there’s not a southeast CT forum location. I’ll probably be nosi...