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11 November 2024 | 1 reply
The once-iconic retailer Kmart is closing its final full-size mainland store in Bridgehampton, New York, on October 20th.
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11 November 2024 | 5 replies
I got lucky that the tenant wanted a house in my neighborhood to keep kids close to their schoolsHouse was listed for 1750, they offered 2250 but I declined , so they offered $3k, ended up renting the house for $3250 ($250 pet rent) per month, for 3 month, open to extension if needed.I met the tenant and did the background check on them, I felt comfortable renting to them THD takes time with approving the property, but they were quick to approve the lease, and they sent me the checks the next day after lease signingMy house is not furnished, and they were ok with that , they actually work with a company that provides furniture for the tenant, and they coordinate the delivery and setup of furniture on the lease start dateOverall I like the experience working with them , but hey today is day #1 (out of a possible 3 months), so I will update this post if anything wrong happens or if I notice any red flags
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4 December 2024 | 17 replies
But strictly going by the numbers, it's borderline OK, depending on the type of market.
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4 December 2024 | 8 replies
I'm assuming the main reason for the 1031 is to increase cash flow, right?
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4 December 2024 | 6 replies
I have a good agent I've worked with for years and letting him represent me not only gives me the advantage of additional counsel, it also gives me someone else to do the heavy lifting so I can concentrate on the deals themselves rather than the intricacies of the actual contract, the process of moving everything through closing and all the hiccups that often come with investment properties.
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5 December 2024 | 7 replies
I own a couple rentals in the area that I am looking to refinance.
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4 December 2024 | 4 replies
Then divide that cost by the amount of time between now and then and that's how much you should be putting aside for Capex.For general maintenance, the age and condition of the building will play into that.
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12 November 2024 | 4 replies
I do not put in price of labor because for me I will pay for good subs they are the key.3.
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4 December 2024 | 4 replies
Get the biggest house you can afford and rent the other rooms out to military with BAH.1.
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4 December 2024 | 8 replies
We have done all kinds of deals on our own ranging from buying, selling, flips, BRRRRs, and now are also invested in commercial properties along with our SFR portfolio.After retiring from the Navy last summer (2023) and working in a corporate office for 18 months, I have made the leap to working for REI Nation, the country's premier turnkey investment property company.