Alex Gonzalez
First investment in westchester
6 March 2024 | 6 replies
We are having hard time to find properties within a decent price anf our realtor sent us mostly houses that are in Zillow and other similar apps, any idea if there is other source to find possible flips??
Ardian Selimi
22 with 200k liquid looking to get my first property
8 March 2024 | 31 replies
I have 200k in liquid cash (yes this was self earned thru 5yrs of sacrifices and hard work 12-16hr days 7days a week with maybe a month in the summers as break to see family back home, but i dont want to do this forever) My dad and I want to be partners going into these deals. there is a new construction 4plex i am looking to build which will be 775k that i will put 25% down (half me half my dad) which will cash flow net 2k /mo if i rent it out LT (COC of 11% which isnt bad and apparently my agent who recently worked on a neighboring new build said the appraisal after its built is mid/high 800s, also my plan is after 2yrs to REFI at lower rate). i am considering to have 2 of the units as MTR for local nurses or construction crews which of course can increase profits much more. i also have a 3acre property that i am thinking to build small 2bd 1ba cabins and use as STR/MTR/LTR. but i am also wanting to do do STR as i love the concept and have watched Robuilt everyday learning from him. i am looking to buy land in a mountain/ski town (189k 10acres) and build a beautiful aframe and use as a STR. all these property ideas are close by to me so i will have a close look on them and will manage myself. i have just been consuming knowledge endlessly the last 3months in preparation for this decision.but as you can see my head is all over and im unsure what the correct first step will be. i have many goals and visions of what i want to do i just need some help making a correct first decision on those who are far more experienced than me in this real estate space so i use my capital in the most efficient way. i understand real estate is long game and i have no issues with that but i would like to at a minimum cashflow 100k a month by the time im 30. this is a big goal but i have 8yrs to do this. thank you for your help i look forward to the responses(side note: i am not considering house hacking as i live with my family, this will possibly be an option in the future)
Alex Yakubovich
STR and 1031 Exchange
7 March 2024 | 9 replies
Doesn't seem like a good idea on a property your keeping a few years if you didn't have to take it.
Jason Meissner
Do Rising Construction Costs make High End PreFab Like Dvele.com a good idea?
4 March 2024 | 4 replies
However it would be a good idea to consult with a lender if the strategy is to BRRRR, finance the entire deal, etc.
Kyle Swengel
Bonus Depreciation and My CPA’s Advice
7 March 2024 | 22 replies
They will request some details on the property and generate a round about idea of what the cost of the study will be and what the depreciation benefits will look like.
Henley H.
How write lease paid for by business for employee to occupy?
7 March 2024 | 11 replies
Perhaps someone else has a better idea for you but that is how I would do it.
Jacob Lockard
Looking for advice to either continue my STR or sell
6 March 2024 | 22 replies
I'm happy to hear any creative ideas around what you might do in my situation.
Samuel Shostek
Seeking Feedback for New Networking Software
7 March 2024 | 18 replies
It would have to be the most amazing idea as networking is EXTREMLY easy with what we all have access to already.
Craig Jones
Personal umbrella / STR
6 March 2024 | 7 replies
All the underlying policies have $300K liability limits, except for the STR which has $1M/$2M.