Hi there, I have recently discovered that the cap rates in my area have gone from 8.5% down to about 5.5% in the past few years! That makes my (debt-free) property worth a lot more.BUT if cap rates are at 5.5%, that m...
Hi! I'm new to RE and trying to understand how anyone can be successful in Big Bear vacation rentals. It seems the expenses I keep calculating end up always being more than the monthly income. How much is usually spe...
Hi. Thanks for reading. My dad was scammed and I now own the problem...can you help me with ideas of what to do??? 10 years ago my dad bought 10 acres of open land for $10k in upstate NY. It's got underbrush ...
Hi,Three years ago I bought a two family home in an up and coming part of queens, ny. The original plan was to live in the two bedroom unit and rent out the one bedroom but circumstances prevailed and I had to rent o...
Hey all, I recently relocated to the Wilmington, NC area (currently residing near Carolina Beach) and would love to connect with any local professionals.I am looking to start my portfolio in the next year and would lo...
Hi, my name is Taylor and I currently live in the downtown Sacramento area. I am in my early twenties and manage at a well-known fine dining steakhouse.Throughout my life, I have never been close to anyone who was tru...
This is not your
situation, but just to walk through the different thought processes
in Holding/Selling that a friend of mine is going through.
Helped my friend get
into the Self Storage business and walked him th...
I'm totally prepared to get my ass grilled based on the title of this thread but that's fine. Please share your honest opinions. Here is the situation:
- I'm a complete car nut. I spend a lot of my free time research...
Hi everyone! Who is from South Carolina? I'm not seeing a lot of posts from South Carolinian investors. Let me know where you are if you're here!
I have ran my own numbers and I feel like I am getting a really good deal here, but I would like you seasoned rehabbers to let me know your take on it.To give a little background....This is a lower end neighborhood, s...