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Results (10,000+)
Brandon Bell Lots of equity and cash flow...what should I do?
12 August 2024 | 8 replies
But I have been looking into splitting the duplex into two condos (yes I know it is a lot of work) and I could probably get 325-350k for each, netting me 650-700k.Number:* Mortgage interest 2.5%* Mortgage principle 240k* PITI $2100/month* Rent 2200/month (current tenant on a two year lease)* Potential rent on my side $2400/month * 100k HELOC at 11% (fixed) (not currently being used)* est additional cost to split the dueplex 75-100k (conservative, probably less)     *new siding 30k (just put on a new roof this year)     *legal 10-15k     *fire proofing 15k     * 15-40k for stuff I am not aware of or underestimated on* some of the appreciation is external from the home     *big grocery store put in 3min away     * newly paved road in front of my house     *a building that was falling down across the street has been torn down          * Still a vacant lot with the foundation exposed and fencing around it (so more local improvements are on the way)Part of me wants to take the money and run but man I love that 2.5% interest rate and the $2000/month cash flow (including taxes and capx)I have thought about 1031 exchanging into more rentals, but I would like to pivot into storage units.
Robert Reynolds Midterm or Longterm Rent my ADU & Furnishing Tips
12 August 2024 | 1 reply
 - you can furnish fairly cheap (offer up, CL, buy nothing …, thrift or consignment stores, etc) but it take more effort and more calendar time.  
MARK S KING Best State/City for Section 8
14 August 2024 | 84 replies
If it’s an item that needs time or needs to be picked ip at the store I send the case worker my pick up order information in an hour and stating that the guys are working on it.
Yosef Lee My first ever 44 Unit MF apartment closed in Dec. 2020
16 August 2024 | 277 replies
Really excited about what you have accomplished and looks like you will crush 2021 too with that 68 units in store!
John Herold Manufactured Home Roof Question
12 August 2024 | 13 replies
You can buy it at your local hardware store
Josh Miller STAY AWAY FROM NREIG (National Real Estate Insurance Group)
14 August 2024 | 51 replies
(In reality, the tenant overloaded with heavy items not meant to be stored in a kitchen cabinet, damaged the property as a result of their own negligence.) 
Daniel Khan How to get started in real estate development?
12 August 2024 | 22 replies
Preparing for a motorcycle ride is similar to learning to ride a bike.
Roseann Koefoed What security camera system is best?
8 August 2024 | 3 replies
I've been at the property a lot in the last couple of weeks, and tenants are telling me that a group of teenagers will bust through the common entry doors and steal bikes and things in the hallway.  
Carlos Handler Cash Poor, House Rich!! Need Advice
12 August 2024 | 30 replies
Well if you have some money to invest I offer DFY Ecommerce business, online stores at national retailers.Consistent recurring money in the bank.
Liridon Fetahu Is investing in Myrtle Beach a good idea?
8 August 2024 | 9 replies
They’ve also invested in an older area of the city that’s being regenerated into an arts district and will improve the walkability and bike-ability.It gets blown out of proportion.