Greetings all,I am located in the Charlotte NC area and am wanting to build a portfolio of rentals. I only want to purchase single family, turn key or properties with minimal required repairs. This area has had houses...
Hey BP -If I invest money into the rental units I have my ROI will increase to 9% and my cash on cash return will decrease to 24%. If I leave the rental units "as-is", I will get a 7% ROI with 50% cash on cash return...
I have a 4 Unit in a suburb just outside of Albany, NY which has one gas/electric meter. We also pay for water/sewer so we hit the trifecta (maybe that's actually a pick 4)! I am now pricing out a utility split but th...
I’m currently looking at a nice duplex in good area in Santa Ana, CA. The idea is to house hack. The rent won’t cover the mortgage but it will definitely help. The mortgage on the property would be significantly more ...
Hello, I'm a new investor looking for my first property. The Seattle market and close surrounding areas are too expensive and competitive right now. Is anyone familiar with the Bremerton, WA market for rentals? It ...
Hey Folks,Glad to see the sun is out and spring is underway! I have been seeing some discussion on the forums lately about the Bloomington market and a lot of new investors are interested in getting engaged. This is a...
Hey everyone!We are taking out a HELOC on our home, updating it and adding some great features, and putting it out there as a STR. We live on one of the only lakes in Broward County where you can have boats with motor...
Hi everyone,
I am 22 years old. I just graduated college last May with no student debt. I just recently landed a job that will pay $50,000 annually. I am hoping in the next 3-5 years that will increase to about $70,0...
So I started these last 2 flips and finished the renovations within 45 days. We put both houses in the MLS and have had to reduce the price by more than 14% and still no offers. I am getting a little scared as my wi...
Among my criteria for investments is to target small multifamily properties with upside In rents to enable cash flow - nothing new. This in part happens because rents have been steadily increasing in the area. Great...