Paul M.
Need Low Closing Cost investment Mortgage - 3-Unit Upstate NY
17 August 2018 | 2 replies
That doesn't leave me much wiggle room for closing costs when reserves are factored in.Please let me know if you have any ideas or referrals.
Jorge Vazquez
Tampa 5 – 10 Years in the Future – Economic Investment
9 September 2018 | 12 replies
Several years ago we were looking for a new market to invest in.For us, the water street project was a contributing factor for us choosing to invest in Tampa Bay.If you invest where the big players are building you're more likely to do well.Starbucks sets up shop in areas that are growing.
Asher Carr
EFFICIENT WAYS TO MARKET RENTALS
26 August 2018 | 12 replies
There are sleek designs and its very user friendly.
Leland S.
What to value a mixed multi-family commercial in Philadelphia
14 September 2018 | 7 replies
What factors do you look for most to decide what to offer?
Raj G.
Solo 401(K) want to invest in Real Estate
19 September 2018 | 11 replies
., generate at least $61,000 of W-2 wages through the LLC, contribute $24,500 of the $61,000 to the Roth solo 401k designated account, contribute the difference of $36,500 ($61,000 - $24,500) to the solo 401k voluntary after-tax account, and then process an in-plan solo 401k conversion of the $36,500 to the Roth solo 401k.
Sean McElligott
Evict and Renovate or keep old tenants and get by?
18 August 2018 | 6 replies
@Sean McElligott As long as the numbers still work with all those things factored in, absolutely!
David de Luna
4-plex deal - razor thin or good enuf?
25 August 2018 | 14 replies
Rents can be raised to $5800 monthly to get to market rents, an increase of $500 monthly or $6000 annual, so that's something to factor.
Darren Nardo
How to determine business plan
5 May 2020 | 2 replies
I think it's important to have a business plan. i havent started my investing yet so take my opinion with a grain of salt but the more I think about it the more complicated it seems. really what im trying to do is just buy multi family properties at some kind of discount. add value by renovations or by purchasing in a down market. then fix it up to my companies standards and get them rented out one unit at a time. some of the things ive been thinking about include financing. how will i finance deals after the first 4 or so when the banks stop lending traditionally. also how much do I need in resurves to cover everything from fees to extra holding costs to a major cap expenditure. i want my business to have a plan so i will succeed no matter what. so i think its important to think about those types of concerns regardless of what type of investing you're doing and factor those in to your plan. im excited to save money for the first deal im only at 3k so far.
Daouda Diop
Rehab with intent to sell
21 November 2018 | 5 replies
Either option depends on mostly one factor.....does it make sense to buy the lot and pay the costs of new construction, compared to what the market price for the duplex in good shape is.
Alex Silang
Why is MemphisInvest the market leader?
18 August 2018 | 1 reply
The Clothiers' willingness to take big risks, tireless work ethic and straight bullheaded drive have led us to outmaneuver, outwork and outgrow everyone by a huge factor.