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Clarity please! When calculating a potential deal, is the "Rule of Thumb" 70% or 75% (i.e. ARV x 70% - Rehab = Max Offer)? Also, any recommendations for estimating rehab cost (i.e. ARV x 10% + $10k = Rehab Budget)? I'...
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I'm going into 1031 exchange and want to invest into DST's. Seems to be a lot of good brokers out there. I've looked into Kay properties, Chicagoland1031, Corcapa1031, and a few individual brokers. Does anyone have an...
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What is the general concensus? Is there an official formula (if so - state source)
I look at each apartment (or individually rented unit) and determine how many days of the year were paid (meaning, I do not care if ...
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Hi Everyone,This is my first post and I'm very happy to have found this community! I'm a wannabe investor... just gathering info at this point but I'm determined to make this happen.Anyway, my question is, I read som...
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Attended a local REIA meeting where a person from Durham Housing Authority (DHA) did a presentation seeking landlords for GoSection8.com. It was stated in the presentation and on the site that properties could be up t...
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G'Day everyone,Over the years I have spoken to thousands of real estate investors through my various companies.They all seem to be caught up on the "Financial Freedom" buzz word.I'm posting today to open your eyes up ...
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From experienced rental property owners, have you had better success with larger commercial management companies or local well established companies
I'm a newbie that's in the learning and networking phase. I'm aiming to start looking for my first property next year and want to get some feedback on how feasible/realistic my strategy is. I plan on doing a house hac...
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Original Thread:I recently closed on a property (will be my primary residence) using half cash half private money. Purchased the house for 30k under assessed value and some renovations underway as well, so already ha...
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We came across a homeowner that has roughly two weeks till her house goes to tax sale. She owes ~$15k which would obviously need to be paid before the tax sale. It's unlikely we could close on the property in two week...