Hello My siblings and I have recently taken over our grandparents 4 family home. I have more or less been running it for sometime now but I want to expand our portfolio. I am nervous about investing in the area I live...
What percentage of a deal is fair for me to ask for when I bring a good cash flowing deal to the table? The deal is a 6 unit that makes $275 CASH FLOW per unit per month.
I have partnered with someone to buy real est...
Property price $11,000,000, assumable loan (fannie Mae at 3.5%) $8,000,000. Cap rate 9.2%, Occupancy rate 68%. NOI $1,200,000, Location A+.
Now let say I can negotiate half of the 3M and seller finance the rest at ...
I have been having good success with SFR rentals, but am now being offered a duplex and is will be a good deal. SFR's were 3/1 duplex is 2-2/1's. can anyone give me an idea of change in vacancy rates or tenant quali...
The housing market is skyrocketing when it comes to home sales and there prices. Most people cannot afford a new home. The interest in shipping container homes is growing daily. Because of there cost to build and the ...
Hi everyone,I am building a 2800 sq. ft., 4 br/3.5 ba home with a 1600 sq. ft. unfinished basement on my 13 acre farm in Bealeton, VA. Although this is not a spec house or custom build for a client, I am using this o...
Reading another post about people stealing items in STR’s got me thinking about damage or security deposits. Do you use one? If so, does it work? If not, why? How much do you typically “hold”? How do you handle stolen...
I am in the process of subdividing a lot and building 2 new homes. It was brought to my attention that deconstruction could more than pay for itself with the tax deduction. But this is $30k more expensive than demoi...
I just turned 50, I've worked a great W2 for 26 years in tech sales/mgmt and managed to save $3M across 401k ($2M) and Stocks ($1M). I want out of the W2 world but the golden handcuffs (and 3 teenagers) keep me tether...
My partner and I just purchased an investment property in Chicago, IL and I figured I would come here to walk through the deal.The property is in the Logan Square neighborhood of Chicago which is a hip, up and coming ...