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Results (10,000+)
Joseph Alfie Investing in south side chicago
13 February 2025 | 13 replies
There's supposedly a large medical center being planned, which will also need convenient housing.
Tyler Garza Check my analysis
15 February 2025 | 15 replies
Quote from @Tyler Garza: Deal :Duplex Home2 beds / unit2 baths / unit3,000 sqftAsking 300k60k downEst rent/yr - 31,2005% Vacancy20% Op ExpenseMortgage 240k assuming 7%Results: CF - 6,600Cocr - 11%Cap - 8%Looking at this for a buy and hold and trying to determine if I am analyzing this right@Tyler Garza I can get to your COC of 11% and cap rate of 8%, but since I don't know your loan payment or amort, I'm not sure how you got to CF of $6,600 - I'm getting arond $4,600.And a couple of things jump out at me with your assumptions versus most of my CFO clients: 1) a 5% vacancy rate and 20% Op exp margin seem a little low, 2) an LTV of 80% LTV (with a 7% interest rate) seems high unless you're house hacking, 3) Depending on the location of the property, the $1,300/month/unit rent may be low.
Kristian Forbes First investment property
9 February 2025 | 12 replies
@Kristian Forbes Short of doing another house hack or negotiating the purchase price down a fair amount, I think that's going to be a tough one to make the numbers work.
Scott Johnson Scammed by "Estate Legal"
6 March 2025 | 22 replies
Everything checked out.They claimed that Estate Legal helps people through the probate process—especially those with a living will or those who’ve moved into a nursing home and need to sell their house.
Ahmad Moore Pre-foreclosure home located in Mobile, AL!!
4 February 2025 | 2 replies
A close friend of the family ,who was married, and had a house together got divorced and in between that time, she did a QC and removed her name from the deed.
John Subick House hack/ live in flip
16 January 2025 | 1 reply
Purchase price: $220,000 Cash invested: $30,000Currently house hacking.
Chanel Snerling New Here Intro & Advice
24 January 2025 | 7 replies
Most suburban cities have VERY limited lots and most of those are zoned R-1, meaning only a single-unit house can be built.In the City of Detroit, it's cheaper to buy one and rehab than build!
Ify (Bobby) Anizoba Starting 2025 Strong
6 February 2025 | 4 replies
My focus is on affordable housing, especially mixed-use projects that serve both residential and community needs.
Carsten Morris live in duplex
6 February 2025 | 0 replies
Purchase price: $250,000 Cash invested: $50,000 Primary house hack.
Michael Braun Billing tenant for damages prior to move-out
5 February 2025 | 4 replies
Hey all, first time landlord with ~3 months experience here.I brought a tenant in 3 months ago with an insurance company paying the rent (tenant's house is being repaired after a fire).