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2 October 2020 | 1 reply
I enter in all the info but for some reason, the Purchase section won't get a green checkmark and I can't finish the analysis.
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3 October 2020 | 7 replies
While those are actually attainable, with the high interest rate, the monthly payments put me in a negative cash flow position.
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23 January 2021 | 12 replies
Purchased in '14 for a hair over $200K, put $20K into finishing basement, appraised for $230K in '15 and should now appraise for $260K+ based upon recent activity in the neighborhood.
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9 October 2020 | 5 replies
Make sure the park is OK with what you want to do, how you want to improve the property, plans, and value.Be cautious not to over-improve as much of that crowd is looking for affordability, yes they want clean and sharp but aren't always focused on the latest cabinets, finishes or look.
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9 October 2020 | 11 replies
So far all I have is the purchased domain name and a finished website.
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4 October 2020 | 10 replies
Assuming the units are at least 2 bedroom / 1 bath, you likely will be able to raise rents up from the $1066/mo average over time. 2 bed/1ba units in the area should get about $1200-1300/mo with rental grade finishes.
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16 October 2020 | 3 replies
I am finishing up the renovations on my first rental property I purchased with a partner of mine.
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3 October 2020 | 4 replies
So here’s some background about me:I have been a welder for almost all of my adult life.I bought a triplex which I house hack in Tacoma, WA just over a year ago.I am wanting to rent out all units and buy another small multi family to house hack.But here’s the kicker.I also got my real estate license at the start of the year.Up until July 31st, I welded full time/over time at night and sold real estate during the day.The project I was on finished, and I decided to dive DEEP into real estate sales.In September I made just under 100k in gross commission income.
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6 October 2020 | 5 replies
This will require extraordinary efforts to attain this big audacious goal.
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9 October 2020 | 9 replies
I am almost finished with my first flip and am working on my first BRRR property.