Hey Community,
I bought a house as a First time home buyer, but I feel like I’m stuck with one property because of capital. I would like to know how I can buy an investment in Baltimore, MD. I was pre qualified for a...
Here is the long story not quite as long: My grandmas house, which is paid off, could be for sale soon. The profits will be split between my grandmas 5 kids after 30K is paid to my uncle because he paid it off year...
Hello everyone!I recently purchased a duplex and am wondering what I am able to write-off or show as a loss for the renovations and repairs that I have put into the property. I've put a couple thousand into the unit t...
Hi There,
This is my first post so thank you to anyone that can provide feedback!
I recently bought my first residential property (a condo) in the burbs just north of Chicago. I bought it off market at a great dea...
My question for all of you guys is that while some of you guys are investing in multi units that provide a rent income of 10-15% return. My question is why not invest all this money to Real estate investment trusts? M...
Just looking for some general advice here. I just submitted an offer on a property in a neighborhood I know very well as I already have one really nice rental there. As a result, I was able to peg the ARV perfectly. W...
I'm looking at a passive real estate investment where part of their equity raise is for Tenant Improvement and Leasing Commission (TI and LC) reserves. When they calculate their annual cash flow, they do not include t...
I have a few questions and I will definitely be seeking professional guidance as well, but wanted to throw this out in the forums.Background: I have just opened a single member LLC. I have a personal HELOC on my pri...
What is your real vacancy rate? Do you go back and actually calculate it each year or just have a number in your head? I typically input 8% in the financial calculators before I purchase a property but some are better...
Before you answer the question in the forum post title, read the following lines and maybe you’ll change your mind.When I was a kid, I was always taught to go to school, get a Bachelor’s degree and a job in a large fi...