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9 September 2020 | 32 replies
Fast forward to 2018.Background ContextAt the time I had bought a property in a favela in Brazil, I had never even been to BrazilI was visiting Rio de Janeiro for the annual Carnaval celebration in 2018 and bought on a whimI had no experience with properties in a Class C or D in the USA, and not abroadI knew very little about investing in Brazil and didn't begin to research until I arrivedWithin 2-weeks I had spent about $400 with a local attorney to expedite and acquire the necessary tax registration number (CPF) to buy propertyFavelas are appreciating faster than luxury property in Rio de Janeiro, rent is inflating relatively fast for all property types.
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15 March 2020 | 8 replies
Background on me is 1 multi-fam in Boston and a vacation rental on Cape Cod - both cash flow positive since inception (almost 4 yrs).
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18 March 2020 | 7 replies
The math for after I move out initially penciled out as a 3-unit, but I just learned from the seller's agent that it's technically only a 2-unit.
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16 March 2020 | 1 reply
background: Four plex; gas and water by building owner. high cost; hard to rent?!
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22 March 2020 | 6 replies
My work experience is construction admin & oversight for land development projects (working with/managing contractors is a big part of my job), reviewing site plan applications for compliance with local and state code, and civil design (mainly stormwater).My question to you all; what kind of career can I transition to where I can use my engineering background to gain real estate experience while still working towards the PE exam?
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23 March 2020 | 4 replies
I think that with my background in construction I will be able to excel at renovations/additions and communicating well with architects, contractors, etc.I have someone that I wish to be my partner as he and I will hopefully make a good team.
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27 March 2020 | 2 replies
For context, here is some background information.I am an airline pilot for one of the world’s largest airlines.
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23 March 2020 | 10 replies
So it would be surprising if my tenants just disappeared since they’ve already paid the application fee for credit/background checks.
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21 March 2020 | 10 replies
Those are technically "closing costs" but they are due at closing.
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19 March 2020 | 1 reply
We had hard money lined up for it but didn’t realize it’s technically not a cash offer (fail fast and fail foreword, right?).