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7 October 2024 | 7 replies
First I want to thank you for reading, I am new to the investment market and the idea is exciting and terrifying at the same time.A few facts:Purchase Price: 325,000Rental Income Estimate: $5250Property details: This is a 3 door property:1. 1/1(main building)2. 3/2(main building)3. 2/1(separate building)Repair estimates to get all 3 properties up and running: $145,000 - $200,000I do not have a ARV since its very unique there is not anything we can compare to but I am looking to get a third party appraisal.Plan is to do a mortgage for the property with cash down payment.
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15 October 2024 | 2 replies
Property taxes are $6,156 annually ($513 /mo).
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16 October 2024 | 2 replies
Hi,I would like your opinion on Warren dr at Little Rock neighbourhood for rental property purchase.Thanks
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16 October 2024 | 11 replies
I have a property that I did major rehab to that I am in disagreement on pricing it.
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16 October 2024 | 0 replies
They can take time with their search and be more selective about a property’s location and condition.
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16 October 2024 | 5 replies
I would assume the actuals are not actual because it's showing 100% occupied for all 12 months.Capital improvements fall below NOI, and do not affect property value.And I think you need to have some type of debt to calculate a purchase priceGino
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16 October 2024 | 4 replies
@Chris SeveneyI do want to minimize liability considering I intended to have multiple properties under one LLC capped at 10 just because somewhere along the line I was told this is good practice.
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16 October 2024 | 10 replies
Example, lets say your Roth IRA purchases a property for 100k, with a 50k down payment from the Roth IRA and a loan for 50k.
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7 October 2024 | 4 replies
Hello everyone.Newbie investor getting ready to sell first property.
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16 October 2024 | 3 replies
what type of properties are you interested in purchasing?