Zach Schofel
RE Developer and Proptech based in NYC
29 December 2024 | 2 replies
On the RE side - I own/developed 2,000 residential units across the United States focusing on opportunistic residential acquisitions and development, including student housing conversions and luxury multifamily development.On the startup side - it is a third-party guarantor platform that expands your renter pool, increases rents and occupancy, and ultimately boosts your NOI while broadening affordable housing options for renters.
Tonya English
Launch Your Leads Scam
27 January 2025 | 65 replies
Two O six seven nine nine two three 0 seven.
Kaleb Johnson
Best Area For Starting Out
30 January 2025 | 40 replies
My opinion on this is split between two answers:1) invest in your backyard.
Karen Margrave
What do you think of this concept for Seniors, Students, etc.?
25 January 2025 | 5 replies
Each grouping had a common room (perhaps it was shared by multiple groupings ... this was a detail I missed) with a nurses/aid workers office.Central to the two sides of the complex were common facilities such as a dining hall, gym {perhaps a pool ... another detail I missed}, theatre & games room.With one of the fastest growing groups in our society being single people, we are examining a related idea of a complex / building providing a modest-sized 1-bdroom "apartment" with more semi-private and common amenities.When I read the title to your thread, I thought it was a project proposing to mix students and seniors into a single complex ... and came in thinking, this ought to be interesting :-)
Matt Williams
sell or hold duplex?
20 January 2025 | 4 replies
This is obviously much better than $1,400 per month.On top of that, you will now get 2x the depreciation write-off so your taxes should go down.On top of that, you will now get 2x the appreciation when real estate price go up.On top of that, your tenants are helping you pay down the loan, initially at about $100/mo for both properties, which gradually gets better and better.On top of that, you now have more units so if one or two goes vacant, you have more renters covering the losses of the vacant units.If you want to keep these properties, I would do a cash-out refi and go buy more rental real estate.
Dan Shallcross
Eviction process with a VA loan
23 January 2025 | 3 replies
I'm living in one unit and the other two are rented out.
Anthony Maffei
How to Best Leverage $500k in Equity for Additional Income
19 January 2025 | 11 replies
Quote from @Anthony Maffei: I purchased a two-family property in 2017 and now have around $500K in positive equity.
Leslie L Meneus
Is Franchising/Business Ownership "Really" Not Considered REI?
30 January 2025 | 4 replies
In the last two days, I met with two business sellers who have net profits of $580,000 and $600,000 per year respectively.
Surya S Kumaresan
Newbie - Here to learn about Rentals, House Hacking and Flipping!!
29 January 2025 | 4 replies
It was my primary residence for two years before I turned it into an investment property.
Dallas Smith
Selling 2 properties
24 January 2025 | 5 replies
You're dealing with two parts of the IRS code.1.