
13 June 2024 | 2 replies
I'm planning to buy a SFH in Huntsville in the next 2 months so I'm looking to understand more about the area.My goal is to buy in a B/C class neighborhood for a deal that is expected to be cash flow even.

10 June 2024 | 5 replies
His response was he did not touch the inside of the toilet and it must have hooked on a normal flush.
13 June 2024 | 7 replies
I suspect you could be cash-flow positive in 1-2 years and the property should appreciate during that time.If my assumptions are correct, holding onto it is the better option.
13 June 2024 | 2 replies
In his affidavit it has the correct legal description that matches my cash sale, but I am not sure if that is good enough.

13 June 2024 | 22 replies
If you can rent the property in peak season for 1% of asset value per week you will virtually always cash flow.

12 June 2024 | 0 replies
Purchase price: $310,000 Cash invested: $350,000 This was a full rehab 6 unit multifamily building.Our firm did everything from locating and acquiring the project, to managing construction, and then finished up by leasing out all 6 units for a premium rent.We used a construction loan to secure the property and do the rehab. 12 month term which we were able to do construction and lease out all units before taking out the original loan with a permanent commercial loan.

12 June 2024 | 9 replies
So we keep $25k for the two (both are cash flowing and we have held for 10 years).

12 June 2024 | 1 reply
I am considering two options for purchasing a A+++ SFR cash, Option 1 to place in a self directed IRA and let the IRA own the property and Option 2 is to buy in cash upfront and pay the taxes owed.I am 62 years old and have another five to seven years prior to retirement and so I am trying to set up my portfolio for income generation by that time.

12 June 2024 | 10 replies
My problem is I'm trying to 2 more properties this year, and pay with cash.

12 June 2024 | 8 replies
I have been offered an exclusive Deal by a local "friend"/ semi-mentor in my small town. 8 standard 2/1 apartments - Quad, duplex, duplex, 1970 Dated buildings, little neglected but liveableOwner finance: 20yr 6%rate with 20k down------------------------------------------------Total purchase 400KCurrent NOI: 41k Cap: 10 (Tax,Ins,Maint, Util)Gross rent 4500/mth-----------------------------------------------Upgrade, Est repairs: 60k After reno: NOI: 59K Gross rent: 6100------------------------------------------------Loan pmt: 2865/mth, 34k/yrCurrent Cash flow: 531/mth, 6,378/yrAfter reno Cash Flow: 2131/mth, 25,578/Yr-------------------------------------------------Added info- -Property line Joins with (growing) Community college-Tiny town-The Buildings are Currently "uglyish".- Current Rent is 150$- $200 behind market avg.I am very comfortable in single family homes in this town (own 18 SFH rented and performing well).