Evan Smith
Seeking an uncommon debt structure: Commercial collateralized vs Residential on SFR
15 April 2024 | 0 replies
(can be structured as a NNN)Portfolio:I want to build to rent 9 houses to meet the value basis. ie: $436k/ build to meet $450k appraisal.
Megh Patel
Gas Station and Laundromat Owners
15 April 2024 | 0 replies
I have explored a variety of online and physical side hustles, but now it's time to transition to brick-and-mortar as I build towards my dream of creating my own private equity firm.I am officially closing soon on the acquisition of an absentee gas station and laundromat business.
Pierre Eade
10-Year Commercial Lease - How to Project Rent
15 April 2024 | 2 replies
So initially I proposed only a 5 year increase knowing that I did not want to have a 10 year lease with rent so low especially if I go to sell the building - it would be an unattractive investment.The new partner proposed to have no increase in the first year, then $50 after every year for the remaining 10 years.
Yushengji Zhou
First time investor
16 April 2024 | 11 replies
Columbus has become a major tech hub in the midwest with large companies like Intel investing $20 billion, Amazon investing $3.5 billion, Google building 2 new data centers: one in downtown Columbus and the other in right outside of U.S. 33 in Lancaster.
Trevor Crabtree
Buying First Rental
16 April 2024 | 12 replies
@Trevor Crabtree I would target a duplex / triplex / quadplex for your next house hack and build the portfolio that way.
Sammy Marshall
First Time Investor
16 April 2024 | 9 replies
My wife is originally from Florida and I somehow convinced her to move up here instead of the other way around lolRight now, we're looking for a single family home near the downtown area of Saint Augustine but I foresee us buying a few different properties in Florida over the course of time of building our portfolio.
Aaron Bard
Taking a look at different financing options...
17 April 2024 | 17 replies
For sale comps within a mile of the property have every 2-3 unit listed at $280-$350k.My 3-Unit house hack is about a mile and a half from this property, it's a 150 year old building with a slate roof, and it appraised for $310k.
Seymur Korchiyev
Seeking Advice: Investing $500K in Real Estate for Cash Flow in New Jersey
15 April 2024 | 0 replies
My idea is to build a mini village with modern cabins, but I'm unsure about its demand, worthiness as an investment, and associated risks.Here are some specifics:Investment Capital: I have $500K of my own and access to an additional $1 million from investors.Location: New Jersey, where I currently reside.Investment Goals: My primary goal is to generate cash flow through short term rental.Project Idea: I'm considering building a mini village with modern cabins.I would greatly appreciate insights from experienced professionals in the community on the following:Demand: Do you think a mini village with modern cabins would be in demand in the New Jersey area?
Tony Stephan
16 Unit Value Add Multifamily Update - Metro Detroit Market
15 April 2024 | 9 replies
For the last month I've been exploring the idea of dumping my 401k into an apartment building.