Namal Burman
How to become Real estate Professional alongwith W2 job?
29 May 2024 | 7 replies
I work full time at a local Chip( hint people think i work at Stadium) company as an Telecom engineer for last 20 years and still love the work i do and hopefully they don't fire me.
Account Closed
Investing in Miami area - Best strategies today
25 May 2024 | 14 replies
Pockets I would suggest would be Miami Gardens close to the hard rock stadium, Hollywood, north Miami /north Miami Beach as well.
Andre Hammond
Bi-level 4 bedroom newly renovated home
23 May 2024 | 1 reply
It’s also close to the white Sox stadium.
Pratik Kochar
Input on Investment opportunity
20 May 2024 | 1 reply
Both properties fall into Class B- category and has no HOA and no rental restrictions.Here are the details for each property:Property 1:3 Bed, 2 Bath (1020 sq ft)Purchase Price: $250,000Moderate rehab needed (Kitchen, floor, bathroom sink vanity, light & fan fixtures, interior paint)Rehab Cost: $30,000After Repair Value (ARV): $295,000Down Payment: 20% (Out of Pocket: $50,000 + $30,000 (rehab) = $80,000)Projected Rental Income Post-renovation: $2100/monthProperty 2:2 Bed, 2.5 Bath (1168 sq ft)Purchase Price: $230,000Moderate rehab needed (Kitchen, floor, bathroom sink vanity, light & fan fixtures, interior paint)Rehab Cost: $30,000After Repair Value (ARV): $295,000Down Payment: 20% (Out of Pocket: $46,000 + $30,000 (rehab) = $76,000)Projected Rental Income Post-renovation: $1900/monthThe location is moderate, with amenities like shops, restaurants, a mall, and a baseball stadium within a 5-mile radius.Considering buying both as they are in the same building, the total cost and income overview would be:Total Price for Both Properties: $478,000Down Payment & Closing: $96,000 + $10,000 = $106,000Total Renovations: $60,000Total Price (Including Renovations): $478,000 + $60,000 = $538,000Total Out of Pocket: $166,000Projected Gross Rent Monthly: $4000The rate of interest for the mortgage is 7.5%.I am currently evaluating: A) The break-even point for two townhomes considering a cash investment of close to 32%.
Evelyn Allasi
Is investing in University area of Akron a good idea?
6 May 2024 | 15 replies
They were right by the stadium, but were in rough shape.
Stuart Tollison
Markets to invest in or around Salt Lake City
26 April 2024 | 14 replies
New MLB stadium going in in salt lake county.
Andreas Mueller
Interest rates Higher for Longer? Good.
22 April 2024 | 12 replies
We didn’t even get to the new waterfront or Titans stadium developments, but I’ll stop there, for now :) We’ve got jobs for every type of interest and a deep entrepreneurial spirit.
James Wise
NAR Lawsuit Settled! Offering Buyer Agent Commissions in the MLS now Illegal!!!
25 April 2024 | 209 replies
Which is going to come in super handy when we're drunk as all hell after watching our Tribal Chief Roman Reigns and The Great One Dwayne The Rock Johnson put on a Summerslam match for the ages at the Cleveland Browns Stadium.
Lily Rodriguez
Maximum Cash Flow with Creative RE Strategies in Charlotte, NC
18 April 2024 | 0 replies
Areas near Uptown, the Charlotte Douglas International Airport, and popular attractions like the US National Whitewater Center, the NASCAR Hall of Fame and Bank of America Stadium are particularly lucrative for short-term rentals.3.
Justin Melton
MTR vs STR Indiana
16 April 2024 | 6 replies
I think the latter would have to be walking distance to the stadium $$$.