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18 December 2020 | 18 replies
On the one hand you could buy a turn key duplex or tri plex in Cleveland that cash flows decently, or on the other side of the spectrum you could MOVE to Cleveland, house hack a distressed 4 plex using FHA with 3.5% down (~7k), rehab this (~20k), then refinance out in a year using a local credit union to recover all of your money, all while BRRRR'ing another single fam house, then repeating the following year, to accumulate 15-20 units in a few short years, with the plan being to expand into mid sized multi fam vs syndication after that.
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16 December 2020 | 22 replies
I try to keep the comps within 10% but if there's a difference of a hundred sq. feet or so I'm not sure what degree of adjustment to make although I'm sure it depends on the size.
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8 March 2021 | 5 replies
Nah, I'll pass, if I am really desperate I can offer the project for 13% less than what I am willing to pay, but this size chunk makes it unattractive to investors and good contractors.
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21 February 2021 | 27 replies
@Joshua McMillion mentioned one way-ROI.When it comes to real estate, returns come in different shapes and sizes.
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14 February 2021 | 6 replies
Are there other methods like a fixed dollar amount based on the size of the house, age of the house, etc that you use instead of a percentage of rent?
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12 December 2022 | 89 replies
Now, in 2021, rent is minimum $1,500 on up, depending on size and proximity to the beach.
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3 March 2021 | 14 replies
I haven't found any tool that can find 'all' as much of the time the reporting of data by the county/ municipality can differ and many times the tools are built one size fits all.Good luck!
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25 June 2022 | 4 replies
4) What size properties work best as rentals?
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1 June 2021 | 33 replies
There are lots of ways to withdrawal funds from retirement accounts prior to retirement (Roth contributions any time, 72t distributions, Roth conversion ladder during early retirement, or simply pay the 10% penalty).Any advice beyond this point would require knowledge on the size and composition of your your traditional 401k and your personal tax situation.