My experience:Bought: March 2021, $64,900Sold: April 2024, $48,500 - $5,000 (agent fees/closing fees/etc) = $43,500Rental income (rents - expenses): $5,600Average annual returns: 2.9% (approximate)Net loss at sale: $1...
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Hi all - my partners and I recently completed and listed our first renovation project. It was not an easy one, since we are in CA and the property is in OH, but we made it through and are looking to take on our next p...
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Hey fam! My name is Austin Stout, new to the forum. I'm looking for some input on my current situation with getting started in multifamily. I'm not sure about the long-term economy of my hometown, Price Utah.The bigge...
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Hi you guys, my business partner and I have begun BRRRRing single family homes. We're about to begin refinancing and it has been suggested to us to get commercial loans instead of conventional loans.
What's the ben...
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Please provide your insight into any potential headwinds investors may face in 2017. Specifically in the DFW area.
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I have been playing and studying chess now for about 2 yrs. I play on average 3/4 games a day online. One huge benefit I've found to chess is that when I am playing all the worries and stress of the deals or fami...
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You’re probably grieving for the children and families in Newton, Conn. just like me. Tragic events like this throw us off balance and make us more willing to change.
A determined spokesperson from this community co...
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Hello All,I'm a young designer looking ahead at my career and wondering if there is a more profitable path for me outside of the traditional architectural practice. Currently I design architectural projects of many si...
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Hi All,I'm looking to acquire my first Multi-family building (preferably 5-10 units) in the Columbus, Ohio area within the next couple of months but I am not sure where to look for a "good deal". I find my self search...
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Hi Guys,I need a lecture. Yesterday I got a call from an agent who said his client had defaulted on their mortgage and would be foreclosed on. However, the homeowner was open to transfering the mortgage and taking cas...