There are ~90 locations across the U.S. supporting the day-to-day operations of our construction crews.

The front part of the property is a house, while the daycare operates in the back.The woman currently leases the daycare space and wants to stay, but the seller is looking to offload the property because he doesn’t want to handle the updates or renovations it needs, which are significant.

Hi All!I live in Chicago and invest in multifamily on the east coast and in the midwest. Looking to connect with other multifamily investors who live in Chicago. Anyone want to meet up for a coffee and tell me how I c...

I was operating under LTR understanding, but you're right that we're looking at MTR.

The same holds true for larger organizations who still rely on financing their business just like us. 

Fort Worth based with the organizer Jimmy Reed.

We typically take out cash flow 1X per year close to the end of the year based on what is left in the operating account and our thoughts on proposed work to the property the following year.

Wondering what everyone uses to keep track of financials/documentation and in general just stays organized with all of their investing. 

New homes are going to have virtually no repair, maintenance, or capex needs for the first five or so years, so you’ll be able to forecast your operating expenses and cash flow with a bit more certainty from the outset.Older properties, however, are generally more affordable than a new home of comparable size and build quality, so if you’re after a good deal, you’ll likely have more luck here—especially if you’re willing to look beyond the MLS for deals.

I’d look at how long you plan to live there first as the longer you live there typically the higher you can raise rents organically due to inflation and the overall cost of living increasing every year.