I know people have different opinions on paying off rentals but for those who have how do you like it? Did it allow you to buy more properties faster,did you pay for the next property with cash or did you end up takin...
I'm throwing a question out about how to get started in the infinite banking concept and the ability to leverage one of my properties to get started, does anyone have any experience in doing this? And the other quest...
I'm new to REI and trying to develop a "sweet spot" for rental homes price ranges . I am reading that focusing on low income homes/areas = more problems with tenants and turnover, while focusing on pricy areas = small...
Hello fellow investors! I began a post a few months ago in regards to a new construction project I will be starting soon and after all the great input I thought it would be nice to start a journal in order to help ne...
What are your thoughts and experiences in bringing capital from 3-5 investors to buy homes at court house auctions.My reasoning for this is that closing costs and high interest rates usually eat up most profit, If I c...
I have my eyes on some smaller multifamily units. With residential 3/4 unit complexes it's not hard to find properties that all have 2+ bedrooms. The problem is for the small apartment complexes, say a 10-12 units, ar...
Hello,
So this great property came on market today. Below are the details:
- REO
- Asking price - $35,000
- 4 units (2-2/1 and 2-1/1)
- All units currently rented for gross monthly rent of $2,050.
- All separate uti...
Background: Property is located in Jacksonville, FL in a neighborhood called Isle of Palms. The neighborhood contains canals that go straight into the intracoastal (most affordable waterfront living while still conven...
Hi Folks - First time investing in a multi-unit.
I am on a contract and might close in 30 days if everything goes well. It is a duplex plus a garage converted without a permit as a studio according to building code. ...
So, I have a basement that has cracked walls, and there is humidity in the basement.I got quotes from a few different companies. Quotes were in the area of $10-25K to waterproof the basement.But I noticed something a ...