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16 January 2025 | 23 replies
To rent the home, I would lose about $2,500 per month (based on comparable rents in my area, property management fees, etc).Both options loose the same amount by roughly 2 years, and by this time, I still will not have built up much more equity in the home to make selling it a break even unless there is price appreciation by then.My dilemma is this: I speculate that my home will not appreciate much in the next 3-5 years due to the rapid pace of development in the surrounding area.In 5-10+ years, maybe, but by then I'll have bled $150,000 - $300,000.I have thought about this a lot and feel that I mar'-too close to the problem to see the best solution.
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16 January 2025 | 0 replies
Built in 1905, this property features a total of 2,832 square feet of living space, divided into two units.
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23 January 2025 | 7 replies
You will also want to find out if payments are interest only or if some principal is built in.
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22 January 2025 | 9 replies
Once you’ve built some confidence and systems, you can start exploring additional markets.I personally focus on 2 markets that are about 20 mile radius.Make sure the market(s) you choose align with your investing goals, whether that’s cash flow, appreciation, or both.
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8 January 2025 | 4 replies
-contacting several LP's nationally that take on large investment opportunities-posting on loopnet-sending the link to the website we built-out to all the the top real estate agents in our local market.I did not think of the Facebook group channel, so thanks for that recommendation @Ryan Arth!
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14 January 2025 | 5 replies
Stairs are the only way to get in, no grab rails in the bathroom, ramps that are too steep, etc.From what I've read, all commercial businesses/buildings (including ones before the ADA was passed) have to comply with the rules, unless it would be outrageously tough to fix (like installing an elevator in an already built building).Are all these local business just not complying and taking the risk, or am I missing something?
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17 January 2025 | 2 replies
Roads, water, sewer, gas, electric, etc..I'm also here for any discussion on any other items that might be of note, trying to learn as much as possible on this front.
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17 January 2025 | 5 replies
Your journey in real estate is inspiring, and it’s amazing how you’ve built on your mom’s legacy.
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25 January 2025 | 29 replies
I use my own model that I have built out over the years but I have done deals with rudimentary spreadsheets.
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16 January 2025 | 3 replies
I’ve worked across various sectors of real estate, from residential to commercial properties, and I’ve built a solid foundation in sourcing, evaluating, and negotiating deals.Currently, I am leading R&H Capital, a division of my LLC, Property Pulse LLC, which focuses on raising capital for real estate acquisitions.