
15 August 2024 | 6 replies
Try looking into zillow/Redfin and see what your potential rents you can get near the neighborhood by filtering the bedrooms/bathrooms of the intentional property that you are planning to buy.

15 August 2024 | 6 replies
Plus the building itself must show receivables as a business or in rents to underwrite the NOI of the business, Rent rolls, and occupancy ratio if rentedHave you thought about starting small and simply buying some single family homes or 2-4 units and transition into commercial?
19 August 2024 | 6 replies
Hopefully you did not pay too much for the dirt. 1 acre is optimal these days because of desired double to triple drive thru for QSR.It can become a problem because if they make the building smaller you get less rent but they do more sales.Example a QSR used to be 3,000 to 4,000 sq ft but now instead wants double drive thru's as not many go inside for fast food like pre-covid.If you get 1,000 a foot less at 30 a foot you just lost 30k NOI and now at 5 cap example paying all cash NNN once developed you have lost 600k value.It can fine as long as you do not overpay for the land.

18 August 2024 | 3 replies
I recently purchased a duplex and am renting out one side to a tenant that came with the duplex.

16 August 2024 | 2 replies
Increase earnings, reduce expenses, save, invest.

15 August 2024 | 9 replies
I'm renting it out while I'm stationed in CA and its been a success so far.

16 August 2024 | 2 replies
At this price point the agent might pocket $200 more after split and taxes to get the price increased $20k.

16 August 2024 | 17 replies
Here's a rundown of our current financial situation and REI experience:Current Properties:Short-term rental in the mountains of NC:- Owned outright- Grosses $2-4k per month- Valued at $400kCondo in Charlotte, NC (long-term rental):- Owned outright- Rents for $2.9k per month, cash-flowing $2k per month- Valued at $350kPrimary residence:- Located in NC- worth $800k, owe $200kMy wife is also a minority partner in an investment group that specializes in BRRRing foreclosed properties.

16 August 2024 | 2 replies
It is an IRS approved federal income tax tool that increases near term cash flow by utilizing shorter recovery periods for depreciation to accelerate return on investment.

15 August 2024 | 1 reply
I was able to rent it at a good price and have a good amount to save for expenses while also taking some home as surplus.