I am putting together my SOW for my first flip and want to upgrade the electric on the two story to grounded. Why? I want to put out a good product (that sells easy!) and it makes sense to me to upgrade the electr...
Live on Long Island NY. Because of the high real estate taxes on Long Island it doesn't make sense to rent properties unless you are holding section 8 homes where you are guaranteed payment each month. I really don'...
Hi all and thanks in advance for your insights. I'm new to REI and after spending some time examining the many investment options , I found myself back at multi-family. I'm interested in making my first investment but...
What are some signs you see of any area that is gentrifying or about to gentrify to any veteran real estate investors or even people who have seen a bad neighborhood turn into well developed in a period of time ?
Investment Info: Multi-family residential buy & hold investment located a 20-mile drive or 25-minute ferry ride from downtown Boston in the beach town of Hull, Massachusetts, also known as Nantasket Beach.
Purcha...
It seems like this crises might be over soon, but that doesn't mean anything will return to normal. In fact there are major changes ahead and the chances of a massive Depression are extremely high. In this post I will...
Hi all.I am thinking of selling a few properties in 2016. I would prefer to do a 1031 exchange on them to avoid paying the tax, but most markets in the US seem overbought right now (both SFH and multi-family). I am a ...
Just bought an older house and have explored rewiring. As was mentioned in another thread, I'm thinking about waiting until winter time to get bids on the work because everyone seems to be swamped in my area (San Mar...
I am looking at a 2 family that is close to me and is in a good area. I
want to BRRRR this property. It needs a lot of work. The home has
been vacant for 10 years, and has no heat. The was built around 1900. ...
So I'm sitting on about 1.4 mil in equity right now. Projected to be nearly 3 mil in five more years. But let's say I have some hardships along the way so I conservatively figure I'll have 2 mil. I could retire with m...