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8 August 2024 | 8 replies
Between building codes, lower maintenance cost, and better resale value, do it right.
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8 August 2024 | 2 replies
Lastly, they like building relationships.
8 August 2024 | 3 replies
I ran across some mentions of upcoming local investor meetups which got me thinking about building a feature in the forums to support this.
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6 August 2024 | 3 replies
Self contract 1-2 new builds with equity?
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4 August 2024 | 3 replies
We're looking to build a 3 flat.What is the cost to build a 3 flat and 2-car garage?
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8 August 2024 | 12 replies
We lived in it for a year, remodeled both units and put in place a long-term tenant on one unit and a mid-term tenant on the other.Here's a little more details about this deal:* Purchase price: $163k* Financed price: $132k @ 7.625% APR* After repair (estimated value): $225k* Gross rents: $2150 ($750 one year lease & $1400 six month lease)* Annual taxes and insurance: $7000* Approx credit score: 650 (I used interest free credit card to pay for remodeling this property and maxing it out caused my score drop almost 50 pts!)
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7 August 2024 | 17 replies
To build up cash.
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7 August 2024 | 9 replies
Please note that this post is for informational purposes only and is not intended to serve as legal or tax advice.
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8 August 2024 | 12 replies
I sold a few buildings over the last 12 months (40 units total).
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8 August 2024 | 46 replies
That usually gets worked into the numbers for the deal.And, just a general note about rentals, they are great for building long-term wealth if the cash flow is there.