Pavel Sakurets
After 500 projects completed, still lose money on some of them when you lie to yourself or try to brake the rules
It is very important to stop running, doing deals, etc. and stop for several hours and analyze what you have done wrong and learn from your mistakes.I have been doing rehabs, flips, wholesales for 14 years.I wanted t...
Ashley Mallory
2 Tenant issues: Signing move out instructions AND tenant wants a credit for A/C
Hello everyone, I need advice.Issue 1: I purchased a 4-unit multifamily apartment in June 2023 from a landlord who rented a very spacious/ nice 2 bedroom 1 bath unit to her daughter and son-in-law for $775 per month (...
Account Closed
EXPI Stock Is Exploding
Has anyone else noticed that the share price on EXPI has quadrupled over the last month? Seems like eXp Realty is going to become a major player in the space on par with KW and the like. Just curious if anyone is inve...
Chris Seveney
2024 Is going to be a great year.... Do you really believe that
For those that ONLY read bigger pockets and what their guru's are telling them. Here is some recent news on some prime real estate. I know many will say "that is commercial it will not impact residential". My opinion ...
Charlie F.
2% of purchase- will it cash flow?
Hey Guys-
I'm looking to invest in my first property, a multifamily in the NYC area. I spoke with a seasoned investor who told me that for a property to cash flow I need rent at about 6% of purchase price. I've also ...
Ben Franta
Searching for 3-4 unit multifamily
Hey all,I am currently searching for a 2-4 unit multifamily in NE Ohio (Summit/Stark County).Current situation:-Own SF home in Cuyahoga Falls // FHA 30 Year Term LoanGoal:-Eliminate mortgage payment by selling SF and ...
Benjamin Richards
Expenses and deductions this year
I've used TurboTax to do my taxes for several years now. Once the property basis is entered it's very easy.I have six rental properties, and two of them showed a loss on paper for 2018. The portfolio is net profitable...
Samuel Chua
Rule of 72 - does it work for buy&hold properties?
Hi guys, Ive just heard of the rule of 72 when it comes to borrowing money from lenders. But when i applied this calculation to my property, I realized i will be losing out more money. For example, If I lend 75k and r...
Riley Geiman
Legality's and Rulings
I currently have a SFH that my wife and I currently reside in. I'm very interested in purchasing a multi family for LTR opportunities for some passive income. With this rental purchase I would like to put down the min...
Eran Greenburg
Net Operating Income vs
I was looking at American Homes 4 Rent financial statements, and I see that for example in Dec 2014 the NOI shows $ 232,319* yet on their Consolidated Statements of Operations it shows "Net Loss" = $ (33,092)"Are they...