Darcy Bains
ER physician looking to make the leap to REI
Hi all!I am an ER doc looking for a change!My wife and I are exploring all the options about where to relocate! We love NYC but we are due for a change of pace, and a change of scenery. Also, NYC isn't the best place ...
Alejandro Antonio Taylor JR
Strike Price for Multifamily Properties
Hey guys hope this reaches all of you well and you’re all staying safe during these times. I am currently finalizing my business plan for my Multifamily real estate investment business I am planning with my Dad. We ar...
Amanda D Phillips
Private Money - How?
Hello!
I'm finding it challenging to find deal with enough of a spread from price to arv, given repairs... when using hard money. I'm at a point where I'd love to start looking at private money but don't know where t...
Tri Nguyen
Oklahoma Market Anyone?
I couldn't find any recent posts but was wondering if anyone is looking in Oklahoma. I am looking at the OKC, Tulsa and Norman markets. Looks like there are some deals there but not sure what the long term growth here...
Colin Spivey
Buying an abandoned property
I am not looking to flip this house, but I feel that BRRRR’ing a property is pretty similar. I have an abandoned property that has been abandoned and vacant for at least 5 years. It has central heat and air, has a met...
Joshua Michael Hauman
Why We Love Motivation but Struggle with Discipline
Motivation is a tricky subject. One moment it ignites a fire within us, filling us with enthusiasm and drive to accomplish our most ambitious goals. The next moment it vanishes without a trace, leaving us uninspired l...
Danny L.
Analyzing Syndication Deal - Return on Capital?
Hello all,I'm currently looking at a potential MF syndication deal. I started investing in syndication this year and have been learning through books, online, and various podcasts. One of the things I came across was ...
Shawn Adderly
Converting Basement unit to legal third unit
I recently bought a multi-family property in Chicago. I am looking to have the basement be made into a legal third unit. I would like to have the basement redone to have a separate heating system from the 1st floor un...
Daniel Miller
What is the process for adding an external structure to a house
We want to have a permanent patio built onto our house (Fremont, CA). Up until now, every year once the rainy season ends, we've been putting up a heavy-duty tarp; 12'x10', two corners attached to our eaves and two h...
Matt R.
Rei acronym IRR? Internal rate return
newbie question
What is IRR?
How is it calculated? Do you guys use it?
Matt