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28 August 2018 | 2 replies
There are also multiple books that you can read.
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29 August 2018 | 5 replies
I can see this adding up quickly once I find myself digging deeper into multiple properties.
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30 August 2018 | 2 replies
Please keep in mind that we will have a 45-day window to select at least one property with a value of at least $265k.1) BRRR (to continue equity growth)-This seems like a great strategy, but I’m concerned with interest rates continuing to rise 2) Invest it all in one property 3) Find multiple properties 4) Other- please explain Return-There seems to be a lot of different ideas out there when it comes to returns.
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30 August 2018 | 4 replies
Here's the deal:- SFH in a suburb of a major city with great fundamentals (job growth, population growth, multiple sectors).- Purchase: $250K (presumably funded by Class A & B shares).- Rehab: $80K (100% bank loan)- Sale: $460K ($130K profit)- Deal is owned by LLC (seems like a general fund LLC for various targets), not an LLC specifically for this deal. - Payout: Upon sale and paydown of bank debt, Class A shares get their principal, then Class B shares get their principal, then Class A gets their 20%. - The Sponsor isn't taking a management fee (I presume they are majority owners of Class B).I would be investing $50K into the Class A shares, due in 90 days.
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16 September 2018 | 10 replies
As a first property and to get the feel I would think a SFH is a conservative and normal approach, it doesn't have the potential cash flow of a MFH but also with that potential comes more risk, more costs and multiple tenants to juggle.
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31 August 2018 | 22 replies
Please keep in mind that we will have a 45-day window to select at least one property with a value of at least $265k.1) BRRR (to continue equity growth)-This seems like a great strategy, but I'm concerned with interest rates continuing to rise 2) Invest it all in one property 3) Find multiple properties 4) Other- please explain Return-There seems to be a lot of different ideas out there when it comes to returns.
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17 September 2018 | 8 replies
OK, let's run down the list for C-class rentals:Toilets - usually Kohler, sometimes American StandardRefrigeratorsMicrowavesStoves/ovensWashersDryersDishwashers - Frigidaire has let us down hard in the past in multiple categories and at multiple price points (this includes the Gallery line).
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4 September 2018 | 49 replies
When I was at another company, we got approached to find and provide construction services for a new flipping show where they were going to do multiple houses adjacent to each other.
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25 September 2018 | 8 replies
With house hacking it seems that multiple units allow for more cash flow but with just one roommate it seems less possible.
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29 August 2018 | 5 replies
@Anita Muhammad generally they want you to have "Skin in the game".