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Results (10,000+)
Chris Ke 200k down payment available and I can benefit from tax deductions
14 January 2025 | 5 replies
There are two types of return from a rental propertyCash Flow & Appreciation.I normally also aim for a minimum of 8% return between Cash-Flow and Appreciation.Appreication, nationally, is around 2% to 3% annually.Therefore, your goal is to get the cash-flow to be about 5% to 6%.The issue is interest rates being very high, you would therefore, need to buy at a pricepoint where the numbers still make sense.You can always put down more of a downpayment to cash flow, but that will impact your cash on cash return calculations.Best of luck!
Jesse Simmons Creative financing options for distressed property
21 February 2025 | 6 replies
Low down payment, but you would be increasing the value of the property with your own cash.
Melissa Vass Scott Canadian Investing in US - Can we borrow against stock Investments as a Canadian
12 February 2025 | 4 replies
@Melissa Vass ScottI would reach out to Canadian brokerages and see if it is available.
Andrew McArthur Canadian Looking at South Carolina Multifamily
15 February 2025 | 5 replies
They are brutal in all of South Carolina, but specifically in Columbia.A $1,000,000 investment property would be paying over $28,000 year just in property taxes.#1 tip I'd give if you're buying existing (or building) is to call the assessor and ask specifically what the new assessment will be after improvements.
Duncan Forbes Would like Suggestions on Foreclosure Buying
11 January 2025 | 31 replies
I was referring to Owner Occupied foreclosures in particular, when warning to stay away from foreclosures in certain states.I agree that door knocking would be the best way to get these deals down.
Vincent Caputo Newly Licensed Real Estate Salesperson - Where to start?
21 February 2025 | 4 replies
Around here they range from $35 to $300 so that would be my first question!
Robert Marx 5/3.5 or 5/2.5?
18 February 2025 | 8 replies
If there is a way to create a solid master bathroom while implementing another en suite with some kind of bathroom variation, I think that would be what I would do.
Mike Levene Contractors that will give price per sq. ft. quote for gut remodel?
13 February 2025 | 6 replies
Quote from @Mike Levene: contractors should give exact quotes, come in give you a full detailed list of how much it will be to cost for labor and materials broken down.
Cyndi Lees Don't know what to do with an inherited property.
12 February 2025 | 8 replies
If you are then this probably would not be too crazy to get it up and running with some work.
Sam DiNicola Advice needed on potential first fix & flip with seller financing
10 February 2025 | 12 replies
Repair costs would be $150k.