Details: DSFH built in 1970. Rents for $750/month. Current owner is paying for new roof.
P&I, tax, insurance: $327
CapEx: $100
Repairs: $100
Vacancy: $37.50 (5%) _________________________________________
$56...
Im hearing that I have to use a 1031 exchange agent to handle the money inbetween sale and purchase of the next property. Im hearing $1k+ to handle the process. I'm in TX. Does anyone know anything about this and is i...
I purchased a building October 17, 2017 via LLC, me 50% and one partner 50%. My contribution was 150k.June of 2019, I sold my 50% share of the LLC to my partner for $250k (building was not sold). I received my princip...
Greetings,Here is an update on the current National Commercial Industrial Real Estate Market in The United States of America:U.S. industrial market performance is downshifting heading into late 2023. While the nat...
Looking into building a DADU. I've talked to some DADU builders that do everything from start to finish (plans, permits, excavate, foundation, etc). I am considering doing all of this myself for learning experience, ...
I am getting ready to purchase multiple houses as investment properties. While the banker is telling me that Fannie Mae will write loans on investment properties as long as there is 25% down (30 year fixed) they do r...
I had heard a good tip from an investor to get a copy of a new contractors bank statement to provide proof that they aren't paycheck to paycheck GC's. Anybody else on here do that or have heard of doing that? Won't...
I know condos are a hot topic around here. With the knowledge that there may be varying thoughts, I'd be interested to get a few opinions on a property I've got my eye on.
Positives: Low price, owner finance ...
Hello BP, I would like to celebrate and share my thoughts after 1000 posts and 200 votes, I have gained a lot of experience in looking inside an investor's mind, a knowledge that never occurred to me. It opened me to ...
So I believe it's well known that when you're starting out in REI you should start out doing everything as a private person, not a business. For one, your appraisals use an entirely different method which can definite...