
20 August 2024 | 452 replies
Originally posted by @Nyelle Johnson:@Andrew Postell this is an amazing strategy I just purchased a home cash fixer upper in my name but I have an llc however it is new and I don’t have any credit built under my llc I myself have a 730 credit score is there any way to do this in my case?

14 August 2024 | 12 replies
I've had several in my house have issues and most recently replaced my built-in microwave.

12 August 2024 | 19 replies
You have Intel headquarters being built, Amazon, Facebook, Google, Nationwide, etc.

13 August 2024 | 13 replies
Re your example #3, that kitchen has new cabinets, countertop, flooring, stove, microwave, island built, all new lighting, a half wall removed.

12 August 2024 | 15 replies
I don't know what will become of the company at the end of this time limit, but I don't want to wait to see, so I'm viewing this period of 5 years as the amount of time I have to hustle to get my real estate portfolio built out so that I have my own exit strategy.

14 August 2024 | 22 replies
I have built a good team!

12 August 2024 | 8 replies
But I have been looking into splitting the duplex into two condos (yes I know it is a lot of work) and I could probably get 325-350k for each, netting me 650-700k.Number:* Mortgage interest 2.5%* Mortgage principle 240k* PITI $2100/month* Rent 2200/month (current tenant on a two year lease)* Potential rent on my side $2400/month * 100k HELOC at 11% (fixed) (not currently being used)* est additional cost to split the dueplex 75-100k (conservative, probably less) *new siding 30k (just put on a new roof this year) *legal 10-15k *fire proofing 15k * 15-40k for stuff I am not aware of or underestimated on* some of the appreciation is external from the home *big grocery store put in 3min away * newly paved road in front of my house *a building that was falling down across the street has been torn down * Still a vacant lot with the foundation exposed and fencing around it (so more local improvements are on the way)Part of me wants to take the money and run but man I love that 2.5% interest rate and the $2000/month cash flow (including taxes and capx)I have thought about 1031 exchanging into more rentals, but I would like to pivot into storage units.
15 August 2024 | 33 replies
Once you feel you've built a strong team with your first property and have solid systems in place, I would then start buying more aggressively and taking on bigger projects.I suggest reading this BP article on the core 4.https://www.biggerpockets.com/blog/core-four-real-estate-teamThat being said, Columbus and is a great market to invest in if you're looking for appreciation.

12 August 2024 | 10 replies
For example, a garage, a large lot, a covered patio on foundation, etc.

14 August 2024 | 26 replies
C class renovations are of less quality than a B ( The cheap Lowes Commodes vs a decent American Standard for example) and in many Indy areas the C class homes we always a C class area and the original home was built cheaply.