Nicolas Boesch
Lake Hopatcong, NJ vacation rental experience
27 July 2020 | 5 replies
I'll stay away from that area for now, unfortunately I don't have the luxury to not being able to cover the cost through STR.
Eric Martin
First BRRRR Project in Lexington, KY
12 July 2020 | 8 replies
BUY:We utilized a hard money lender for the purchase and repairs which cost about $80,000 in total ($55,000 purchase price + ~$25,000 repairs & interest).REHAB:To force appreciation and attract higher quality tenants, we made the following improvements: -Replaced roof and windows-Refinished hardwood floors-Installed luxury vinyl plank flooring in the kitchen and bathroom-Updated the bathroom-Painted the kitchen cabinets, replaced countertops, added tile backsplash-Painted the entire interiorRENT:Our property manager listed the house for rent at $1,050/mo and received a rental application within the first few days.
Eric Martin
First BRRRR Project in Lexington, KY
12 July 2020 | 2 replies
To force appreciation and attract higher quality tenants, we made the following improvements: -Replaced roof and windows-Refinished hardwood floors-Installed luxury vinyl plank flooring in the kitchen and bathroom-Updated the bathroom-Painted the kitchen cabinets, replaced countertops, added tile backsplash-Painted the entire interior What was the outcome?
Eric Martin
First BRRRR Project in Lexington, KY [Infinite COCR!]
17 July 2020 | 40 replies
To force appreciation and attract higher quality tenants, we made the following improvements: -Replaced roof and windows-Refinished hardwood floors-Installed luxury vinyl plank flooring in the kitchen and bathroom-Updated the bathroom-Painted the kitchen cabinets, replaced countertops, added tile backsplash-Painted the entire interior What was the outcome?
J D.
Creative financing a SFR
11 July 2020 | 1 reply
I’m a luxury real estate agent with a SFR listing for $9,000,000.
Steve Hyzny
Is it time to move out of a high tax state?
15 July 2020 | 10 replies
And stay if it suits you, or move if you prefer.
Melissa Nimley
Minimum amount to buy first investment property?
12 July 2020 | 1 reply
If you want to live in it and rent out part of it (eg other half of a duplex or a suite), you need a minimum of 5% and then a mortgage for the rest.
Chase Gabriel
Whole Selling Mobile Homes in the Wisconsin and Illinois Area.
15 July 2020 | 4 replies
The history of the industry is littered with both very large and small operators who have disappeared because they were ignorant of what they were getting into.WISCONSIN HOUSING ALLIANCE258 Corporate Drive, Suite 200CMadison, WI 53714Illinois Manufactured Housing AssociationP.O.
James G.
Duplex vs SFH why shouldn't I?
25 July 2020 | 46 replies
@James G.I bought it for $150 4 years ago now interested buyers are calling me to sell it for 300k4plexes in the MLS are around 300k-400kAnd I have seen all the way up to 600k for a 4plex There are some very luxurious 4plexes going for 800k
Renee K.
Inheritance Tax on a foreclosure
1 February 2021 | 26 replies
I am working with cash and I am a single mom who does not have the luxury of making a costly mistake so early in this business endeavor.