Hey everyone, I’m a super rookie in real estate investing. I’ve been house hacking my first property for the past 3 years and I’m finally in the process of fully renting that out. Now I have my eyes set on short term ...
New member here looking to network with local investors/developers in the flex office warehouse space in the Dallas Ft Worth metroplex. My background has been in land investment, however we have a group that wants to...
Newbie to REI here and in search of knowledge from this awesome community. I’ve heard many great things about mobile home/RV parks. I’m curious to hear from others what key performance indicators are used to analyze...
Which of the below strategies would be best? Or what other ones do you have that would be better?
1. Prequalify for hard money loan. Get loan, do light fix up. Hold until able to sell to a consumer
2. Prequalify f...
I am familiar with the 50% rule of thumb for estimating expenses, but am trying to analyze a duplex in rural northern Illinois and am trying to estimate expenses. Can anybody provide feedback on the assumptions. Too...
Hi everyone!
I am looking to purchase my first rental property.
What is the biggest on going expenses??
Single family home biggest expense?
Condo rental biggest expense besides HOA?
Thanks in advance!
Nick
I have a 2 Bedroom condo in Downtown Jersey City. I would love to get a sense of what people think I could rent this for. I have a number in mind but thought I would put it out to other investors/ real estate agents....
I am going to view a house tomorrow this was built in the 1930s. Beautiful big home significant under priced. Room for a lot of potential, the reason why it’s so under price is water damage. The agent said a pipe burs...
Hey all,Getting ready to do my first larger multifamily walk-through (170 units). I will have contracts, my mentor, some investors, etc with me so plenty of eyes on this place. But I have never done a multifamily walk...
Newbie real estate investor in Las Vegas and first time posting. I am seeking out 4-plexes and found a property listed for $420K, monthly rent $3600. Net operating expenses about 12-14K. 3bd/1.5ba half a mile from an ...