Kristopher Sharpe
Does This Deal Make Sense (Purchasing First Duplex)
8 December 2020 | 1 reply
I am purchasing this from a real estate agent, she was initially asking $400,000 I ran my numbers to be able to make 10% cash on cash ROI and said that was my top dollar to achieve this was 370k.
Neng Aleksander
Innovative and Investments Ideals
8 December 2020 | 0 replies
Much Lucrative and Mindful Minds achieving one goal.
Wyatt Nyman
What does you day look like?
8 December 2020 | 3 replies
I just started learning about REI a little over a month ago, and I must admit, I'm starting to feel a bug of (dare I say it) excitement creeping into my body as I start to see the light for potential Financial Freedom and creating something that enables me to help others while setting out to achieve my "Why!?"
Megha Sharma
confusion regarding out of state property as first property
3 February 2021 | 20 replies
But invest in OOS just because you cant find an affordable for yourself, its a wrong start.Investing OOS can be a great achievement.
Ryan Copeland
Paying 100% Cash for a Property, then get a Mortgage
9 December 2020 | 4 replies
It is absolutely possible, but may or may not be necessary depending on what you are trying to achieve.
Elijah Williams
First rental - first home into rental with second home purchase
13 December 2020 | 6 replies
One of the best things that has helped me increase my portfolio is knowing and outlining my goals and the milestones in order to achieve them.
Lawrence Harris
Finance Degree for investing in real estate?
11 December 2020 | 24 replies
Different approaches to educating to achieve a common goal.Good luck.
Todd Rasmussen
Hypothetical Backfeeding Electrical Project Question
9 December 2020 | 4 replies
Obviously the 240v circuits stay switched off since the two 110 feeds are in the same phase but you could bring all of the 110v circuits on line within the capacity of the generator and the backfeed circuit.If you were set on using the 240v plug setup because in the future 9/10 you'd actually be using a 240v generator, how could you achieve a ground from the backfeed plug to the 110v generator you had access to currently?
Arturo Pena Miranda
Investing Over a Million in a 1031 Exchange
14 December 2020 | 23 replies
By investing in a commercial asset with highly accelerated (bonus) depreciation, you may be able to achieve losses that offset even more gains than a 1031-exchange can do.
Jhoana Olarte
Houston Real Estate Highlights in November
9 December 2020 | 5 replies
• Single-family home sales increased for a sixth consecutive month, surging 25.6 percent year-over-year with 7,990 units sold;• The Days on Market (DOM) figure for single-family homes dropped from 59 to 46;• Total property sales shot up 28.1 percent with 9,660 units sold;• Total dollar volume jumped 43.9 percent to $3.1 billion;• The single-family average price achieved a record high, rising 15.0 percent to $341,765; • The single-family median price climbed 12.0 percent to $270,000 – the second highest median price of all time; • Single-family homes months of inventory registered a 2.2-months supply, down from 3.6 months last November and below the national inventory of 2.5 months;• Townhome/condominium sales jumped 23.4 percent with the average price up 2.5 percent to $224,130 and the median price up 11.8 percent to $190,000;• Single-family home rentals fell 11.1 percent with the average rent down 5.5 percent to $1,882; • Townhome/condominium leases declined 4.0 percent with the average rent up 11.5 percent to $1,674.