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19 January 2025 | 51 replies
About to close on a 10+unit apartment building and my wife and I would like to self-manage as much as possible, as I am local.
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7 February 2025 | 14 replies
I am new to this industry excited about getting started and to my make my first deal and start to build wealth for my family Congratulations!
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4 February 2025 | 5 replies
Some condo buildings with different zoning you can find 1 week minimums and only 1 building I found has a 1 night minimum.
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27 January 2025 | 5 replies
At the end of the day; you need more money to do something like this.MAX LTV on new builds is 80% LTC, Meaning if the build is $550,000 and Land is XAdd ($550,000 + x ) * .8 = LOAN AMOUNTYou would need to come in with MINIMUM 20% of the cost in addition to closing costs and reserves, $80,000 is not going to cut it for this project.
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3 February 2025 | 3 replies
I'm currently trying to build my list of interview questions that I would/could use when it comes to screening and finding the right Real Estate Agent.
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30 January 2025 | 48 replies
On my new builds we hit the double cash on cash in certain markets sometimes its only 50%.
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6 February 2025 | 10 replies
I wish you the best in building out your portfolio.
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10 January 2025 | 11 replies
This protects your investment and gives you leverage if there are issues.Other Tips:Make sure the lease explicitly defines the move-out date.Conduct a thorough walkthrough with documentation before and after the lease period to avoid disputes.Handling a seller-to-tenant situation can be tricky, but with the right precautions, it can work smoothly.
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7 February 2025 | 21 replies
We also have some buildings that are single family conversions not built with seperate utilities.
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30 January 2025 | 10 replies
Quote from @David Cooper: Quote from @Lauren Sanford: Quote from @Jim Rice: Lauren, really just trying to put together a group that would what to meet up if possible and share education, information & build relationships.