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Diary entry One- I just spent a month doing the due diligence, aligning the management team, developing relationship with key players (particularly the lender), and I am almost there. Well, .. . . was almost there. ...
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I have a family of five with three small children, father is in a wheel chair, living in a 2 bed, 3 bath SFR in Georgia south of Atlanta. They have been living in the unit for a year. Paying on time. Gave notice last ...
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So, recently my wife and I made an offer on our first income producing property. It was something that we had been wanting to do for a long period of time, but in April of 2013 we had a baby and between medical b...
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Hello All. I currently came across a 16 unit apartment building that needs ALOT of work. It will be a full gut rehab, my contractor is thinking around 300k-400k. The current sale price 65k. The building ranges from 1b...
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I have about $70,000 to invest in a self storage facility. Could someone let me know the ROI I might be able to achieve? I have a background as residential landlord. I'd like to remove residential tenants from the ...
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I want to purchase my sisters house as my first investment. It would be a live in rental.I would have one bedroom to myself with access to the common areas. I would rent the house to her. She gets the master bedroom a...
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Investment Info:
Single-family residence other investment in Washington.
Purchase price: $29,965
Cash invested: $92,965
At the annual District of Columbia tax sale, I picked up two liens this summer....
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Hello! I'm trying to tap into the equity in my home to hopefully start investing in real estate but I need help calculating how much cash I could actually pocket if I did a cash out refi.I purchased the home for 200K ...
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Investment Info:
Large multi-family (5+ units) other investment in Billings.
Purchase price: $285,000
7 Residential, 1 Commercial distressed property purchased in May, 2021. Rents were $495-550/month for...
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Investment Info:
Single-family residence buy & hold investment in South Salt Lake.
Purchase price: $325,000
Cash invested: $12,000
This home was intended to be our primary residence that we house...