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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.
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.
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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.
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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.
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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.
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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?
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15 April 2024 | 9 replies
For the last month I've been exploring the idea of dumping my 401k into an apartment building.
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16 April 2024 | 12 replies
I bought an 8 unit building 1 year ago with rents more than 50% below market value.
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15 April 2024 | 33 replies
I owned a 12 unit apart building in a very low income area with all section 8 tenants.