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So today's the first day I got into my rental after the tenants moved out. Starting to assess what work I need to do and removing trash. As I'm carrying trash out the front door, a man walking a dog on the street asks...
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I know I want to start out investing my self directed IRA in Mobile Homes (i.e. the Lonnie Deals), and at first it looked like I wasn't going to be able to do it because of SAFE act in Indiana (That's where I want to ...
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Am i thinking about this the right way?US dollar net value drops almost 7% in the last three months+An assumed true inflation rate of 5% (shadowstats.com)Loss of purchasing power 7% + Inflation @ 5%= 12% decline in ov...
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Hi
Is there anyone on this forum who invests in real estate LLC firms. These firms pool in money from investors, buy big appartment complexes, renovate them and re-fi to return money and then sell them for a profit. ...
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Hello everyone,
I’m currently in the planning phase for a development project just outside of Santa Fe, NM. I own 20 acres of land valued at approximately $80,000, and I want to build two short-term rental (STR) unit...
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Heres the deal. I got a 3 family that already has condo docs in place. All 3 units are immaculate! All the buyer has to do is close and relist right away. No rehab! The multi is going for 649,000.00 to him. He will...
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Working on my first deal to dip my toe in the REI world. I've done a lot of reading and lurking here and I think I've identified a deal with potential.Caveat: these numbers could be completely wrong or a very bad deal...
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This is in regard to a Florida based property management company. Their basic MO (I have since discovered) is that they never return security deposits. They tell the landlord that it was required to give the securit...
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We just completed taxes for 2020 and with cost segregation study for one property we were able to write off $640k in depreciation for 2020. We paid $1.97M for this property and closed in 4th Qtr 2020. With our structu...
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3x 4 unit buildings. Yearly rent is $93,900. Sellers want $1 million. They don't have P/Ls etc. They inherited from father and these properties are slum but in a great town where a SFH 2/1 800 sqft rents for $1100. I'...