Hello everyone,I've been looking into turnkeys recently, and at first they seemed perfect for a long distance newbie like me. I tried running the numbers though, using a few basic rules of thumb, and they don't seem t...
If I buy a house at a significant discount and do very little work, what problems might I run into when I try to sell again at market value within a month?
Here are the numbers:
ARV $185,000
Repairs ...
I'd like to know if anyone on the forum has realized my dream: Own multiple properties in desirable locations and spend time during the year rotating between various properties (potentially internationally as well) du...
So for someone that is not familiar with Airbnb or short term rentals is a property manager with a super host status a good fit? So as a newbie on short term rentals I would probably manage the Property initially less...
Hello, I recently left the corporate world after 20 years and decided to take a sabbatical. Ideally, I would like to not return to that world and instead, take my savings (2M) and invest it in RE as my primary source ...
There was a great conference this past week STR Wealth Conference in Nashville, over a 1000 attendees and some great speakers in the STR industry. A lot of insightful conversations and speakers and despite the rough ...
Hi there,
I'm new to this great forum and I have a question regarding positive cash flow and duration of loan.
I'm currently owning 2 SFR, 1 purchased with cash and second purchased with a 20% DP and I have a positi...
An architect told me that their architectural services for building a 1000 sq ft 2 story ADU in Los Angeles would be $40K-45K. Does that seem reasonable?My lot is flat and 'unremarkable', btw. I am not looking for fan...
Currently own and manage my two multi family properties. First a 4 unit then a 2unit. House hacked by living in both before moving into my now single family home. Both properties now have equity and cash flow. What su...
Hey Everyone,
I've been building an Excel financial model that can quickly analyze potential value-add multifamily projects and I've run into an issue that I wasn't expecting - when calculating the returns, do you t...