Jodie Steen
Advice for a newbie - what would you do?
14 June 2018 | 5 replies
By my rough estimate 1.4M would buy you 23 single family homes for cash in the markets I’m in.
EJ Hyman
Recommendations for a local bank in Chicago
27 June 2018 | 4 replies
And they have GREAT service, seriously its like dealing with a credit union or a single-branch bank.
Rico S.
3 Plex in Florida: What do you think?
14 June 2018 | 1 reply
Any feedback will be great.3 plex:Location is in Port Orange, Floridaits a single family 2/1 with a duplex in the back that has a 1/1 and a efficiency unit. 2/1: $8501/1: $600Eff: $435Total= $1,885/ month Income $22,620/ year (assuming everything runs smooth) List price is $169,000 but may be some wiggle room for about $155-160k.Expenses are claiming 25% annuallyInsurance= $1,500Water= $2,400Tax= $1700total= $5,600However thats not even including management, maintenance & repairs, or cap ex.
Rico S.
3 Plex in Florida: What do you think?
17 June 2018 | 3 replies
Any feedback will be great.3 plex:Location is in Port Orange, Floridaits a single family 2/1 with a duplex in the back that has a 1/1 and a efficiency unit. 2/1: $8501/1: $600Eff: $435Total= $1,885/ month Income $22,620/ year (assuming everything runs smooth) List price is $169,000 but may be some wiggle room for about $155-160k.Expenses are claiming 25% annuallyInsurance= $1,500Water= $2,400Tax= $1700total= $5,600However thats not even including management, maintenance & repairs, or cap ex.
Ben C.
How can you afford Hard Money Lenders?
15 June 2018 | 7 replies
However, once I calculate in hard money lender fees, points etc it squeezes the deal down from a home run to a single/double and if something goes wrong a loss.
Jonathan Partsch
New owner from California (but property is in Ohio)
10 November 2018 | 6 replies
My house is a two bedoom, one bath, detached single family home.
Jeremy Klein
advice on next investment
18 June 2018 | 2 replies
Right now I currently have one single family home that I rent out.
Mike Zimmerman
Buying duplex for first home?
15 June 2018 | 7 replies
I can't talk too much personally on that since I'm single, but I think it's better now that when they're going to school and having to move would be a little more tricky.4) You get to live for free, or a price reduction.
Account Closed
LLC, Co. , None or when
16 June 2018 | 4 replies
However, as to whether you need an LLC right now on a single property it's really up to you but, probably not, you could probably get away with strong insurance.
Yan B.
Investing in Chicago area: is it still worth it?
17 June 2018 | 14 replies
I've found better ROI's on condos, more risk, less appreciation but better ROI than either singles or 2-4 units.