Chris Mahoo
Long term rental when you are not full time real estate professional
22 January 2025 | 10 replies
Depending on your income level, you may be able to take some losses on your return.
Keith Angell
Seeking Advice on Financing Future Rental Property Projects
27 January 2025 | 11 replies
You've done a great job with keeping your debt low so I have no concerns about your level of discipline to use/reuse a line of credit.All the best!
Matthew C.
Advice on multifamily vacancy
13 January 2025 | 11 replies
the good news is that you're in the middle of a "masters" level education at this point.
Polat Caglayan
What do you think about the future of Detroit?
12 January 2025 | 10 replies
You do still have to know the right areas to invest in and who to trust for that info.
Christian Hwang
Advice for a New Out of State Flipper
1 January 2025 | 22 replies
Even if you have an excellent team built with plenty of trust, it's really difficult to do this without having lots of face time and rapport building.
Lincoln Waite
Paying utilities on a Multi-Family and it's eating all of my cash flow. (Iowa)
2 February 2025 | 7 replies
As a side note the "Median" rents for the whole country are on a HUD website and is updated every year to the new rent levels, so you can see how your rents compare to the HUD Median rents.
Ed Long
How Do You Decide If a Borrower Is a Good Fit?
23 January 2025 | 9 replies
I always dig into the borrower though (character) - honesty, experience, skill-level, etc.
Samuel Coronado
Looking at another park
13 January 2025 | 8 replies
Assuming a 40% expense ratio, the net operating income at the current income level would be around $19,440 annually and $28,800 after renovations.At a $360,000 asking price, the cap rate based on current NOI would be 5.4%, which is low for a park with park-owned homes and required renovations.
Keira Hamilton
5 Lessons Learned From Selling My Laundromat
22 January 2025 | 4 replies
And while seller financing is a very common practice in business acquisition, the good deals are not being done with high levels of it.Particularly with smaller deals, and especially with a business like a laundromat, there are cash buyers out there.
Sam Ojo
Looking to Scale and feeling Stuck
31 January 2025 | 8 replies
My 2 cents: it sounds like you've got to pick a lane and stay in it, become an expert, and level up in that lane.