My property manager is extremely reluctant or just has no urgency when it comes to larger repairs/ maintenance. 1 example: My properties sewer has tree root intrusion and I asked them to get a quote 2 weeks ago, and ...
Investment Info:
Small multi-family (2-4 units) hard money loan investment.
Purchase price: $196,080
Cash invested: $39,216
Expanded our CT reach. Seller needed more room to breathe so I negotiated a...
Hi Everyone,
I have a question regarding structuring a partnership with another investor if both partners are not bringing equal capital into the investment? Should the profit be split based on the percentage each pe...
I am considering this property and think I have the right numbers. I was hoping to CF $200 per property and this one comes close. Numbers are pretty spot on - maybe slightly on the conservative side. Property is wort...
First BRRRR complete, here are the details:Purchase: $110,000Rehab & Expenses: ~$75KARV: $202,000Loan: $151,000Rent: $1595Cash Flow: ~$410Learned a lot about permits, costs, SOWs, project management, long distance...
So far this is the list I have come up with. Is there anything else I need from them?Tenet history/rental agreements for all units going back preferably 5 years.Rent rates for all units going back preferably 5 years.L...
Over the next year, how do you see the cost of renting vs owning a property fluctuating? Will rent continue to increase at this break neck pace, will this then push people back into homeownership? Would love to hear p...
What happens next in the economy…- The Fed will loose control of inflation, as they never really had control of it.- Corporate debt service default will increase in droves, starting with pensions and retirement funds....
Do you see more people selling their houses on their own or will it be business as usual once the new post NAR ruling policies go into effect this summer?
I'm a long time lurker finally getting ready to start making a move and getting that first rental property. Being a NYC resident (originally from Long Island), the price of entry in the area is on the higher end, so I...