18 September 2024 | 11 replies
It seems like spec building, purchasing existing multifamilies, and commercial property investments would all be good options.I appreciate your responses in advance.
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18 September 2024 | 0 replies
This are the numbers:25 unitsAsking price 1.5MI will offer 1M $11,780 monthly rent income$13,000 annual expenseYes, the expense ratio is low but it's because it's in the island where we do not have property tax, insurance is for liability around 2k a year and it's all concrete structures.
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19 September 2024 | 8 replies
If you're going under contract, make sure it is required to be delivered vacant of all tenants (and you'd probably save a good amount of time making that known upfront before entering contract negotiations).
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18 September 2024 | 2 replies
Some don't allow any at all.
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19 September 2024 | 3 replies
You could also explore using a home equity line of credit (HELOC) or a cash-out refinance to tap into the $100k equity and use that capital to invest in additional properties, all while keeping the current home as an asset.
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17 September 2024 | 10 replies
Hello, I have several long-term rentals that are all currently in my name.
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17 September 2024 | 13 replies
He is all over BiggerPockets and BestEverCRE.
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18 September 2024 | 3 replies
Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!
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17 September 2024 | 24 replies
I'm considering purchasing a triplex where two of the units share an electric meter and all three units share a water meter.
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18 September 2024 | 6 replies
My friend and I have a brokerage and we all sell houses to clients but our main focus is personal investments and building multifamily at the moment.