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20 February 2025 | 1 reply
If I purchase a building with rent-stabilized tenants, are there any legal ways to de-stabilize the units, especially after doing significant renovations or rehabbing the property?
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17 February 2025 | 1 reply
Purchase price: $200,000 Cash invested: $30,000 Single Family Residence holding on to.
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24 February 2025 | 36 replies
Congratulations on your first investment purchase!
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14 February 2025 | 2 replies
So I am looking to see if anyone has ideas about what options I should consider to gain more experience in real estate investing as I get my finances up to make my first purchase.
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12 February 2025 | 2 replies
Secondarily, if I had a buyer for the land before I close, could I structure the purchase to include them without doing a wholesale deal?
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17 February 2025 | 4 replies
I would recommend that regardless of market you decide to invest in that you find a fellow investor/realtor that can help you purchase in the neighborhoods that make for ideal long term rentals.
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24 February 2025 | 0 replies
Purchase price: $550,000 Cash invested: $145,000 Sale price: $915,000 This was a home run for a long term (5 years) buy & hold investment property (I specialize in this area). - Initial investment of $145K (DP+closing)- It had one tenant for 5 years and 3 months (no turnover), and the tenant paid off the mortgage and expenses in those 5 years.- I spent around $30K to do upgrades before selling.- Sold it for $915K after 5.5 years (received $442K at the closing)- Did 1031 exchange and bought 8 SFH in NE & AL worth of 1.6M (brings $4k/months income now) What made you interested in investing in this type of deal?
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19 February 2025 | 14 replies
I a analyzing a cash deal for $420 that I will leverage after purchase leaving me with approximately $200k in cash plus the $100k in equity.
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13 February 2025 | 0 replies
Purchase price: $172,000 Cash invested: $43,000 We purchased this rehabbed home and added a privacy fence, removed overhanging trees, finished the countertops, built a firepit, security system, camera's, fixed the sidewalk and turned it into an airbnb.
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12 February 2025 | 0 replies
Purchase price: $45,000 Cash invested: $80,000 Sale price: $149,000 Purchased for $45k.