Let's say we acquired property on a year 0 for 100k. Let's say we had a cashflow of 10k every year, for years 1 to 5 and on the year 5 we also sold the property for 130k. The question is why when we calculate the IRR,...
I am flipping my first house and the house really could use all new windows. Online I am seeing 70% ROI for doing that, which obviously doesn't sound profitable. However I have my doubts on the accuracy of that. To sa...
When it comes to painting on your new construction, which do you think works best?1. Spray before installing flooring, cabinets, etc. 2. Install flooring and cabinets, cover and then paint.We've done both ways, but I...
Arizona's Top Water Official: "We're Going To Have To Live With Less Water" "I never thought this day would come this quickly ... But I think we always knew that this day was potentially out there," he said.
Lake Po...
I'm very interested in LED lighting, and we're starting to try it in our home. These lightbulbs are (in theory) meant to last 20+ years (ask me when I'm 65 how that's working out.) And they are very cheap to run pe...
Wanted to see what other landlords thought about this situation.
We are buying a distressed 3 family that has 3 apartments: 1 bedroom in the basement, and 2- 2 bedroom units.
The basement apartment has ...
How To Get Rich:
(and it’s no secret)
(1) Be Efficient with Your Time & Money
“In short, the way to wealth, if you desire it, is as plain as the way to market. It depends chiefly on two words: industry and fr...
Advice needed : I have an older duplex in Minnesota that has had all the radiators removed. The old boilers are shot as well. I’m putting in a heating system from scratch.Electric heat is the least expensive to instal...
So, I am still early in the process but I am looking at re investments. I am looking at 4 and 2 unit properties. I have been unable to find any that fit what I am looking for. My market is the northern suburbs of NYC ...
i purchased a home that is a rooming house. three rooms. renting for 100 per week per room. in a perfect world, with no vacancy the home will collect 1200 gross rent. i paid 17k for the house tenant occupied. low...