I’ve been lurking on these forums for a long time and I think we’re ready to begin investing within the next year. We are looking to invest in MFR in Chicago and the surrounding burbs. Our criteria is as follows:A/B c...
I am 30 years old and doing decently well. I have a W2 income of about $140,000 and own 11 rental units as a side gig with a business partner. We own a single family, three duplexes, and a 4-plex. My partner makes rou...
Hi,Looking for guidance on investing in Tampa, what’s the vacancy rate, days on market? Specific zip codes that do really well? Also, what can be rented out easily, in terms of size and number of bedrooms? I am lookin...
Hi All,Any thought/comments/criticisms/concerns with this before I post it?Thanks!When comparing and analyzing properties, we prefer to use the "Cash-on-Cash" (COC) return rather than the Return on Investment (ROI). ...
I wanted to see how the CAP rate affected the long term rate of return on my investment. I therefore prepared a table that shows the relationship between cap rates, growth in NOI and the ROI of an investment. I am p...
The 2 basic reasons we buy real estate, according to conventional wisdom, are: 1.To protect buying power2.To increase buying powerHowever, it has been well documented that RE does not outpace inflation. Check out this...
Hey BP my friend wants to help with a rehab flip that cost 15K he said he is willing to put in 10K but he wants a 30% return back on his 10K. The ARV for home is 120k The price I got for home is 80K Repairs 15KMy budd...
I’m closing on my first SF Rental Property in the Cincinnati area. I’ve filed for my first LLC and plan to quit claim deed into this entity after the loan closes. I’m planning on buying at least 3 properties by year...
Hello everyone,I wanted to introduce my beginning real estate journey and my side business I’ve been running awhile but haven’t taken too seriously yet. I started out my career in architecture and after 7 years receiv...
Hi everyone, I am interested in buying a few homes in Memphis TN they will all be buy and hold.Is this a good market for my first few rentals? I am primarily looking for good neighborhoods and would like some advice a...