Hi Everyone,My wife and I now own 3 properties (4 doors) across two states (Maine & Mass). We are looking at how to consolidate and structure our business so as we continue to grow we’re protected. It may be too e...
I am aware that with multi-family, ROI is key. However, given that residential real estate value is based on ARV, I am struggling to find comps on a rented 3 fam property that seems to be under-performing. Avg rents i...
Hey guys! Wanted some opinions on a strategy I stumbled upon. I am currently house-hacking and used a VA loan. My idea is to take all cash flow and saved BAH to put money towards the principal. A year or two down the ...
My wife and I recently got married in February and we are in the process of joining our lives together financially. We both currently own our own homes and are in the process of determining which house we should claim...
We have owned 3 rental properties with a total of 7 rental units in Buffalo NY for over 5 yearsThey have no mortgages and are held in a single LLC. We are looking to take cash out (70-80%) of these properties but beca...
Spring is in the air. For you northern climate storage locations, you should be working to get your Sparefoot Rankings to the top now, prior to the April/May busy season. For example google sparefoot. Do a search b...
I have a very high debt to income ratio, and even though all of my properties are cash-flowing significantly, and my debt obligations are more than covered each month, I'm having a hard time finding anyone to lend me ...
First of all, thank you for coming into this discussion! Secondly, I will keep it nice and short. I am looking to buy and rehab an out of state rental. I am looking into the mid west and I am having a hard time decidi...
To illustrate the BRRRR method, the author presents two scenarios on p37. For “Mike” the BRRRR investor, I have two questions.1) On p43 he refinances his first home to and gets out a net of 77.5k. It’s 84k - 5k closin...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Branson West.
Purchase price: $110,000
Cash invested: $30,000
This is the 4th of 5 duplexes I'm in the process of buying.
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