Cody Journell
First Multifamily Project Successful!!
1 July 2024 | 12 replies
How long did it take you to do the rehab?
Carlo D.
Financing question for out of state rentals
3 July 2024 | 3 replies
They'll want your last 2-3 months of bank statements, your IDs, and property information such as insurance.
Michael Carbonare
Here's One Way To Start Without Cash Out of Pocket
4 July 2024 | 3 replies
Here’s a recent real world example. . .This deal was put together by my former student, current friend, and now successful real estate investor.Source: expired listingLocation: investor, Florida; property, IllinoisType: long term lease option via a sandwich leaseTerms between investor and homeowner:a) 48 monthsb) option to purchase price $135Kc) rent, $1200d) cash out of pocket, $0.
Owen Farmer
Spec Home Construction (Starter Homes) - Margins?
3 July 2024 | 6 replies
And yes, as long as construction prices keep increasing while home prices drop or stay steady, it does not make sense to build spec.
Traci Edwards
Raising Capital for Multifamily Projects
3 July 2024 | 6 replies
Lastly, be sure you hire a good securities attorney.
Jessenia Hartage
Is investing in NYC a bad idea
3 July 2024 | 55 replies
New York City is an excellent market to invest in - but you need to manage your risks accordingly and have a long-term focus.
Gi'angelo Bautista
STR PMS: Hostfully vs Hospitable?
3 July 2024 | 36 replies
I’m inclined to go with Hospitable given the info in this thread and all the positive things I heard last weekend.
Ethan Clay Lesperance
After Repair Value equals Return On Investment
3 July 2024 | 2 replies
I saved nearly 50k on my last rehab which in return yielded much more equity in the end.
Melissa Pearson
Hello BiggerPockets! New PRO here
3 July 2024 | 1 reply
I'm Melissa Pearson from Des Moines, Washington, I've been daydreaming about real estate investing for as long as I can remember.
Tyler Reits
Bad first deal
1 July 2024 | 2 replies
Well not all bad I’ve learned a lot I bought a 2 unit that needed work but it’s taking too long and costing too much.unit 1 is ready but the exterior needs work as well as the second unit. should I sell take a 35% loss and move onContinue saving/investing in repairs repair Just enough to get a HEL Nothing focus on my other business that is making good profit How can I speed/turn this deal around?