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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $196,000
Cash invested: $42,000
Sale price: $369,000
Contributors:
Peter Vekselman
Partner Driv...
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I live in the Pacific Northwest and have been investing in real estate here for years, but am considering retiring in Florida. I have a size-able portfolio that is a mix of commercial and residential. I didn’t acquire...
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I bought this property as a brand-new turn-key property in December 2022 (3bed & 2bath-1544 sq-ft). Lived in the house for 1 year. For most of the 1st year I house hacked and rented out my 2 spare bedrooms, for 6 ...
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I am thinking about raising rent on a year old rehab that I have a tenant paying $1200 monthly for! I am thinking of charging $1225. He is a Foreign Exchange student who is in his Sophmore year so I am thinking of upp...
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Hi everybody. I'm just about ready to househack one of my rooms in my 3b 2b SFH. I have a potential lead, but I need some assistance on getting started. I know I need a separate bank account and rental forms. I also n...
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Economic Update
(Monday, July 13, 2020)
Not since the 1960s has the United States experienced social upheaval like it is experiencing today. We have protests, an upcoming national election, and a massively divide...
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Let's not forget about Syracuse, NY (but just from an investment perspective).
Syracuse, a prominent city in New York, offers a rich tapestry of culture, history, and education, highlighted by institutions like Syrac...
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Sales Data for the Previous 6 Months
New Home Sales
November 2023
Sales: 150 (MoM: -3%, YoY: +5%)Median Sales Price: $325,000 (MoM: +1%, YoY: +8%)Average Square Footage: 2100 sq ft (MoM: +2%, YoY: +6%)Inventory: 18...
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Say I buy an apartment building today with a 5 year note that amortizes over 30 years. I'm cash flow positive -- lets just say interest rate of 4% and a 7% cap on the building.
My real question is this - What if rate...
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Hello - I'm six months into my first investment property, a 4-plex in Midcoast Maine, and thought I'd share the numbers based on the experience so far. There's so much talk about how high prices have gone and how har...